Residential Mortgages
First Time Buyers
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Mortgage Jargon Buster
First Time Buyers

How can we help you?

There are a number of advantages and disadvantages of being a first time buyer.

On the up side, many lenders have schemes specially aimed at the first time buyer
market with special offers such as free valuations, legal fees or even help with
cost options.

On the down side , since you have never had a mortgage before, it is more difficult for you to prove that you will be a “good risk”.

Also because house prices have continued to rise, many first time buyers need to
borrow quite large sums with little or no deposit.

This can mean that you are pushing the limits on income multiples, mortgage size and
mortgage to value.

Why not ask us to work out the costs of the mortgage for you and assess whether
it will be affordable for you; particularly if;

  • You want pre-approval for a mortgage
  • Need to arrange a mortgage quickly
  • Are looking for the best schemes available
  • Need to know how to get a large enough mortgage
  • Have had problems getting a mortgage elsewhere.

To obtain a quotation simply click here. Alternatively ring 01462 815095 and one of our brokers will be delighted to discuss your situation. Our quotation service is free and without obligation.

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THE FINANCIAL SERVICES AUTHORITY DOES NOT REGULATE BRIDGING LOANS, COMMERCIAL
MORTGAGES AND SOME FORMS OF BUY TO LET MORTGAGES AND LOAN.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
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