The mortgages are available with no upfront fees, £500 cash back and with a loan-to-value of up to 85 per cent. The range also includes a free standard valuation and legal service.
It includes a two-year fixed rate at 5.19 per cent, three-year fixed at 5.49 per cent and a five-year fixed at 5.79 per cent.
The building society claims that a first-time buyer could save over £1,700 if they choose the two-year fixed rate mortgage in the range over the market-leading rate.
Product manager for mortgages Tom Girling says: “With so many other things to buy to furnish that first home, we know that first time buyers need a little help when it comes to fees. This range, exclusive to first time buyers, also offers £500 cashback which might just be enough to get that flat-screen for the World Cup.”
Yesterday, Co-operative Bank and Britannia announced plans to launch a five-year fixed-rate mortgage direct-only mortgage at 3.99 per cent.