Financial Services
-
Home Buyer Mortgage
First Time Buyer Guide to buying your own home.
-
Home Mover Mortgage
Elevate your move with our tailored Home Mover Mortgage for a smooth transition to your new dream home.
-
Home Owner Remortgage
Refinance with our Home Owner Remortgage for better rates, releasing equity, or funding improvements—empowering your homeownership journey.
-
Buy-to-Let Mortgage
Dive into property investment with our Buy-to-Let Mortgage, tailored for both seasoned investors and first-timers seeking to build a profitable portfolio.
-
Holiday Let Mortgage
Transform your vacation home investment dreams into reality with a Holiday Let Mortgage,
-
Green Mortgages
Green Mortgages 🌳 are a new type of mortgage that rewards you for making your home more energy efficient.
-
Bad Credit
Mortgages Adverse Credit Mortgages 📉 are for people with a poor credit history.
-
Private Medical Insurance
Cut NHS wait times with private medical care and private hospitals.
-
Life Insurance
Pay off your mortgage if you or your partner die.
-
Bridging Finance
Navigate property transitions seamlessly with our Bridging Finance, offering quick and secure solutions for your short-term financial needs.
-
Auction Finance
Secure your auction triumph with Auction Finance, providing the financial backing needed to confidently bid and acquire your desired property.
New 2% deposit mortgage
First Step stands out for what it allows. It accepts gifted deposits, lends on new-build houses, and considers self-employed applicants.
A new 2% deposit mortgage just opened, and it could unstick you if saving a deposit has been the blocker.
The First Step mortgage lets you borrow up to 98% of a property's value. As such a £200,000 home needs just a £4,000 deposit.
On 8 July 2026, the building society behind the product made its two-year fixed rate (5.89%) available.
The headline terms:
- 2% deposit minimum
- 2-year fix at 5.89%
- Lending up to 5.5x household income
- Maximum loan £500,000
- £499 product fee
- Free basic valuation
- Overpay 10% of your balance each year without early repayment charges
- 7.4% APRC (overall cost for comparison)
First Step stands out for what it allows. It accepts gifted deposits, lends on new-build houses, and considers self-employed applicants. It is available in England and Wales.
But borrowing at 98% LTV carries real risk. You start with almost no equity. If house prices stall or fall, you can slip into negative equity — meaning you owe more than the home is worth.
Get in touch
We are your online mortgage broker, offering you the convenience of applying for a mortgage online. However, we understand that sometimes you may prefer to speak with a human - phone, email or in person.
- Phone number
- 01133 205 902
- hello@cyborg.finance
- Postal address
-
31 Bradford Chamber Business Park,
New Lane, Bradford, BD4 8BX
Looking for career in Mortgage Advice? View job openings.
We are authorised and regulated by the Financial Conduct Authority (No. 919921). The FCA does not regulate most Buy to Let mortgages.
Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage.
Cyborg Finance Limited is registered in England and Wales (No. 12131863) at Bradford Chamber, New Lane, Bradford, BD4 8BX