For the use of mortgage intermediaries & other professionals only

First Time Buyer Boost

Find out how we could lend your clients up to 22% more than normal.

When choosing a first mortgage for your client, there are more things to consider than just the interest rate. You also need to consider all the associated costs involved, and how easy the process will be – from application to completion.

At Halifax Intermediaries, when it comes to helping first time buyers, we know that the main obstacles for your clients are size of the deposit and being able to borrow the amount needed to buy the home.

That’s where we can help you and your clients with our First Time Buyer Boost, by offering an increased 5.5x loan to income (LTI) cap.

There is no scheme to select for First Time Buyer Boost, the increased LTI will automatically be applied in our affordability calculation.

How your clients qualify for the increased 5.5x loan to income cap

Any applicant is a first time buyer (could be one applicant on a joint application; key FTB as first applicant)

Total income on application is £50,000 or more

Loan to value (LTV) is 90% or less

First Time Buyer products

Browse our latest product range to find a deal that fits your clients needs.


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Download our product guide PDF

Other important information

  • The increased LTI is not available where the mortgage is on shared equity or shared ownership schemes.
  • For applications with any element of self-employed income, our standard LTIs will apply.
  • On joint applications the FTB must be keyed as the 1st or 2nd applicant, or the LTI boost will not be applied.
  • For a small number of applications the overall credit profile may restrict the LTI applied to 5x rather than 5.5x, or the level of credit score could mean standard LTIs will apply.


Further information on First time Buyer Boost and our LTIs can be found on our Criteria page.