Thinking about buying your first home? 

Thinking about buying your first home?

Taking that first step on the property ladder can feel like a big deal. Our advisors are expert at understanding your situation and sourcing a mortgage to match.

A simple mortgage process

Finding your first home needn’t be overwhelming. With our team of experienced mortgage experts, you will be supported throughout the entire process, ensuring the mortgage journey is simple and straightforward. 

Are you a foreign national looking for a mortgage?

If you have residency issues and cannot find a mortgage from a high street bank or building society, then we can help. We have access to many specialist lenders enabling our advisors to source a mortgage that suits your situation.

How much deposit is needed?

There are plenty of schemes available for first time buyers, many with the option of a 5% deposit. Our team of advisors are fully up to speed with these schemes and will be able to source mortgage options on your behalf. This saves you time and effort and provides the reassurance that the deal you choose will be right for you.

Your home / property may be repossessed if you do not keep up repayments on your mortgage.
There may be a fee for mortgage advice. The precise amount will depend upon your circumstances but will be agreed with you before proceeding.

A simpler mortgage journey

Our experienced advisors will work with you to find a mortgage that meets your needs, ensuring the process is as fast and stress-free as possible.

Your mortgage review 
An initial consultation to discuss your mortgage requirements and to gather necessary information.
Your mortgage options
We will present options from thousands of deals and advise you as to what may be the most suitable.
Your application
We offer a fully managed application process so you can relax knowing we will be there for you every step of the way.
Congratulations!
Your mortgage journey is complete.

FAQ’s

As a first-time buyer, it’s advisable to save at least 5% of the cost of the home you’re interested in. For example, if you’d like to a buy a house for £200,000, then you’ll need a minimum deposit of £10,000. The rest of the money will be covered by the mortgage as a loan secured against the value of your home, until it’s been paid off.

Many lenders still prefer a 10% deposit, so, buying a house for £200,000 will need a deposit of £20,000. Having a larger deposit opens up a larger mortgage choice and will help to lower the interest rate and monthly repayments.

Typically, the more deposit you have, the lower the interest rate on your mortgage and the lower the monthly repayment will be. Saving a bigger deposit will also open up more mortgage options for you. So, if you haven’t found the house of your dreams yet, it might be worth waiting and saving more deposit money.

You can apply for a mortgage at any time in the home buying process but it is usually better to approach a mortgage advisor before you start looking at properties. This will provide a clearer understanding of how much you can borrow and the price bracket of the properties you can afford. 

Yes, there are different schemes available ranging from the government’s ‘Mortgage Guarantee Scheme’, to shared ownership and the house-building industry’s ‘Deposit Unlock scheme’. Everybody’s situation is different so it’s advisable to book an appointment with one of our experts, to ensure you get the right advice for your situation.

Your insurance experts

Whenever we talk about mortgages, we like to talk about protection too. We can explain the different protection policies, ensuring you and any close ones are safeguarded if anything was to happen.

We are here to help

Whether you’re looking for a mortgage, protection or a secured loan, we have specialist advisers to support you.
Contact us today to arrange your initial consultation.