England First-Time Buyer Scheme
UK Mortgages Made Intuitively Clear
Sketch an England first-home purchase price from household income, monthly debts, and a down payment. See a repayment illustration plus stamp duty and typical cash on top. Not a lender decision.
Your Affordability Inputs
Adjust the values below to instantly discover how much home fits your monthly budget safely.
Weezz shows information and estimates from your figures, not financial advice.
Your Estimated Affordability Range
Waiting for Inputs
£ —
Estimated affordable purchase price with your down payment.
- Stamp duty (England FTB, one-off)
- £ —
- Typical extras (solicitor, survey, moving)
- £ —
- Cash to complete (deposit + extras)
- £ —
Stamp duty is paid on completion, not monthly. Extras are England midpoint estimates, not quotes. GOV.UK SDLT residential rates.
Monthly Cost Breakdown
£ — / mo
Enter your details to see your estimated affordability and monthly costs.
- Repayment & Interest£ —
- Buildings & Contents Insurance£ —
- Other Monthly Costs£ —
Debt-To-Income (DTI) Ratio
We'll calculate your debt-to-income ratio once you enter your details.
How UK lenders look at this
Lenders typically look for housing costs below 30% of gross income and total debt below 40%. This page is a sketch, not a lender decision.
How UK affordability is checked
Lenders in England typically use an income multiplier of 4.5 times your gross annual salary as a baseline. For joint applications, this is applied to your combined income. They deduct regular outgoings (credit card debt, monthly loans, child maintenance) from that limit.
Mortgage stress testing
Lenders check you can still afford repayments if interest rates rise. They look at discretionary spending and your credit history before an Agreement in Principle.
Your actual mortgage offer will depend on full underwriting, credit scoring, and a property valuation. Cash to complete uses typical England extras plus stamp duty. It is not a quote.
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Sign upCommon questions
How does the mortgage affordability estimate work?
You enter household income, monthly debts, a down payment, rate, and term. Weezz sketches a purchase price from about 4× income after debt, shows a monthly repayment mix, and lists England stamp duty plus typical extras as cash to complete. It is not a lender decision. Weezz shows information and estimates from your figures, not financial advice.
How much stamp duty does a first-time buyer pay in England?
For a first-time buyer purchase of £500,000 or less in England: 0% on the first £300,000 and 5% on £300,001 to £500,000. Above £500,000 there is no first-time buyer relief; standard residential rates apply. Figures checked August 2026. Source: https://www.gov.uk/stamp-duty-land-tax/residential-property-rates. Weezz does not calculate Scotland LBTT, Wales LTT, or Northern Ireland. Weezz shows information and estimates from your figures, not financial advice.
Why show both 4× and 4.5× income?
Many England lenders start near 4.5× income and then cut for debt and other factors. Weezz shows a conservative sketch and a higher sketch so you can see the range. Your lender may offer more or less. Weezz shows information and estimates from your figures, not financial advice.
Is this a mortgage offer?
No. Only a lender can make an offer after a full application. This page is an illustration from figures you type.