Transparency behind our marketing claims

Access to over 100 lenders

This refers to the lender panel available through our mortgage advice process. It does not mean every lender will be suitable or available for every customer.

We have access to 100 lenders, all of which are listed here.

Whole-of-market mortgage advice

This means our advisers can review a wide range of mortgage options across the market, rather than being limited to one lender. Some products may still be unavailable depending on lender access, eligibility or customer circumstances.

Award-winning experience

This refers to the experience, systems and team behind Muttuo Mortgages, including recognition received under the Fitch & Fitch name.

A list of all our awards can be found here.

The average first-time buyer deposit was £69,990, equal to 21% of the purchase price

Our internal completion data shows that the average first-time buyer deposit was £69,990, equal to around 21% of the purchase price.

Source: Muttuo Mortgages internal completion data.

The average age of a first-time buyer was 33

Our internal completion data shows that the average age of a first-time buyer was 33.

Source: Muttuo Mortgages internal completion data.

First-time buyers needed a household income of around £60,600

Zoopla estimated that the average first-time buyer needed a household income of around £60,600 to buy a typical first home in 2024. This figure is based on Zoopla’s assumptions around average first-time buyer property prices, deposit levels and loan-to-income ratios.

Source: Zoopla, “What income do you need to buy a home in 2024?”, published 20 June 2024.

4 to 5 month gap between sale agreed and completion

Zoopla’s June 2024 House Price Index referred to an estimated 4 to 5 month period between a sale being agreed and completion. This is used as a general market benchmark for the post-offer timeline, rather than a measure of the full journey from first listing to completion.

Source: Zoopla House Price Index, June 2024.

Intermediaries accounted for 87% of mortgage business in 2024

The Intermediary Mortgage Lenders Association reported that intermediaries accounted for 87% of mortgage business in 2024, with this forecast to rise to 89% in 2025 and 91% in 2026.

Source: Intermediary Mortgage Lenders Association, “IMLA predicts healthy lending growth for 2025, greater intermediary business and more remortgaging”, published 23 December 2024.

95% of first-time buyers chose a fixed-rate mortgage

Our internal completion data shows that 95% of first-time buyers chose a fixed-rate mortgage, while 5% chose a tracker or variable-rate product.

Source: Muttuo Mortgages internal completion data.

68% of first-time buyers took out protection alongside their mortgage

Our internal completion data shows that 68% of first-time buyers took out at least one form of protection alongside their mortgage, such as life insurance, income protection or critical illness cover.

Source: Muttuo Mortgages internal completion data.

New-build energy efficiency

Where we say newer homes can be more energy efficient than older properties, this is based on official Energy Performance Certificate data for England and Wales.

Energy use still depends on the property, heating system, tariff, household size and how the home is used.

Source: GOV.UK Energy Performance of Buildings Certificates statistical release

New-build running costs

Where we say new-build homes may cost less to run, this is based on industry research comparing average energy costs for new-build and older homes.

This is an average estimate, not a guaranteed saving for every household.

Source: Home Builders Federation research on new-build energy running costs

5% deposits and high loan-to-value mortgages

Where we say some buyers may be able to buy with a deposit as small as 5%, this refers to high loan-to-value mortgage options, including the 2025 Mortgage Guarantee Scheme.

A 5% deposit does not guarantee approval. Availability depends on lender participation, affordability, credit profile, property type, valuation and lender criteria.

Source: GOV.UK 2025 Mortgage Guarantee Scheme

Lifetime ISA bonus

Where we say a Lifetime ISA can help eligible first-time buyers save for a deposit, this refers to the government bonus available on eligible Lifetime ISA savings.

Rules apply around age, contribution limits, property price, timing and withdrawals.

Source: GOV.UK Lifetime ISA guidance

First Homes scheme

Where we refer to the First Homes scheme, this relates to the government scheme in England that may allow eligible first-time buyers to buy selected homes at a discount to market value.

Availability is limited and eligibility, location and resale rules apply.

Source: GOV.UK First Homes scheme

Shared ownership

Where we refer to shared ownership reducing the upfront deposit needed, this is because buyers usually purchase a share of the property rather than the full market value.

Buyers still need to budget for mortgage payments, rent on the remaining share, service charges and future staircasing costs.

Source: GOV.UK Shared Ownership guidance

New-build warranties

Where we refer to recognised new-build warranties, this means warranty or insurance arrangements that lenders may accept when assessing a new-build property.

Examples may include NHBC Buildmark, Premier Guarantee, LABC Warranty or another warranty provider accepted by the lender. Mentioning these providers does not mean Muttuo Mortgages recommends or is affiliated with them.

Source: NHBC Buildmark cover

Developer incentives

Where we refer to developer incentives, this includes things such as legal fee contributions, cashback, upgrades, flooring, appliances, deposit support or other purchase incentives.

Incentives must usually be disclosed to the lender. They may affect the valuation, mortgage amount, maximum loan-to-value or lender decision, depending on the size and type of incentive.