Worried mortgages aren’t available right now? Discover 5%, 10% and no-deposit options still open to UK first-time buyers in 2026. With global uncertainty, are mortgages still available? Learn about 5%, 10% and co-ownership options for first-time buyers in the UK. Thinking of buying your first home? Mortgages are still available in 2026 — including low and no deposit options. Get clarity before you decide.
With everything going on in the world right now, especially in the Middle East, it’s no surprise that a lot of first-time buyers are asking the same question:
“Are mortgages still available?”
The short answer is — yes.
But more importantly, many of the low deposit options are still very much available too.
What Mortgage Options Are Available Right Now?
At the minute, we’re still seeing a strong range of options for first-time buyers, including:
5% deposit mortgages
10% deposit mortgages
Co-ownership from as little as 2.5% of the purchase price
No-deposit options (in the right circumstances — e.g. family support or undervalue purchases)
So despite what you might be hearing in the news, the market is still very much open.
Could This Change?
Yes — and that’s important to understand.
Mortgage rates and lending criteria are always influenced by:
Global events
Inflation
Interest rate decisions
Economic confidence
So while things are available now, they can change — sometimes quickly.
The Biggest Mistake First-Time Buyers Are Making
The biggest mistake I’m seeing right now is people waiting for everything to feel perfect.
But here’s the reality:
👉 There is always something happening globally
👉 There is always uncertainty in the market
If you wait for perfect conditions, you could be waiting a long time — and potentially miss opportunities that are available right now.
What Should You Do Instead?
Rather than trying to time the market perfectly, focus on what actually matters:
What you can afford right now
What options are available to you today
Whether moving now makes sense for your situation
Because the truth is — opportunities don’t always wait around.
Get Clarity First — Then Decide
If you’re thinking about buying but unsure where you stand, the first step isn’t rushing into anything.
It’s getting clear on your options.
Once you know:
How much you can borrow
What your monthly payments look like
What schemes you qualify for
👉 Then you can make a confident decision — whether that’s moving now or waiting.
Need help figuring it out?
We specialise in helping first-time buyers across Belfast and beyond understand their options — especially low and no deposit routes.
Why not book a free no obligation call for us to work out you numbers and best first steps - BOOK YOUR CALL
Paddy
