For years, many would-be homeowners have faced a frustrating hurdle: being able to pay rent but not qualifying for a mortgage. But in a welcome shift, several UK lenders are now increasing mortgage affordability for first-time buyers, helping more people take that crucial step onto the property ladder.

And here at Riviera Mortgages, we think that’s a step in the right direction.

What’s Changed?

Lenders are adjusting their affordability models — that’s the formula they use to decide how much you can borrow. Traditionally, strict stress tests and income limits have made it hard for some perfectly capable buyers to qualify for a mortgage.

But as of mid-2025, things are improving:

• Affordability tests are being relaxed in response to stabilising interest rates and improved economic outlooks.

• More income is being considered, including bonuses, commissions, and shared household earnings.

• This has helped boost mortgage approvals and reignited confidence in the housing market.

According to The Guardian, these changes are helping the market avoid the usual summer lull, as first-time buyers re-enter with new optimism.

Why This Matters for You

If you’re renting but struggling to get a mortgage offer that reflects your financial reality, you’re not alone. These new affordability rules mean:

• You might now qualify for a larger loan than you could have earlier this year.

• You may no longer need to rely on schemes like shared ownership or high-deposit loans.

• It’s a great time to re-check your options, even if you were turned down previously.

How Riviera Mortgages Can Help

We’re here to cut through the noise and find out what these changes mean for you. At Riviera Mortgages, we:

• Have access to a wide range of high street and specialist lenders

• Understand the latest affordability rule changes

• Offer advice tailored to your income, deposit, and lifestyle

And because we’re independent, we’re not tied to any one lender. We simply find the best fit for you.

Don’t Miss the Moment

With the combination of:

• Improving affordability,

• A steadying housing market,

• And rising real wages,

…it’s a smart time for first-time buyers to take action. Whether you’re ready to buy now or just want to explore your options, we’re here to help.

Contact Riviera Mortgages today for a friendly, no-pressure chat about your next steps. You might be closer to homeownership than you think.