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First Time Buyer Mortgages - Expert Guidance for Your First Home

Professional mortgage advice to help you get on the property ladder. Whether your situation is straightforward or complex, we're here to guide you through the process.

First Time Buyer Specialists
Complex Income Welcome
Deposit & Affordability Advice
Whole Process Support

Getting Started as a First Time Buyer

Buying your first home is exciting but can feel overwhelming. We simplify the process and help you understand exactly what you need, whether your situation is standard or requires specialist expertise.

What You Need to Know

First time buyer mortgages work differently from subsequent home purchases. Lenders assess you more carefully as you have no property ownership history, but various schemes and products exist specifically to help first-time buyers.

Key considerations:

  • Deposit requirements typically 5-20% of property value
  • Affordability assessed based on income and outgoings
  • Credit history reviewed - even minor issues can affect options
  • Employment status and income type important factors
  • Property type and location influence lending decisions

How We Help

We work with first time buyers in all situations - from straightforward employed applicants to those with complex circumstances that require specialist lender knowledge.

Our service includes:

  • Affordability assessment based on your specific income
  • Access to lenders for standard and complex situations
  • Guidance on deposit requirements and sources
  • Support with first time buyer schemes where applicable
  • Application management from start to completion

Complex Income? We Can Still Help

Many first time buyers have self-employed income, contract work, or other non-standard earnings. While this may limit some lender options, we have access to specialist lenders experienced in assessing complex income for first time buyers. Don't assume you can't get a mortgage - speak to us about your specific situation.

The First Time Buyer Journey

Understanding the process helps you prepare effectively and know what to expect at each stage.

1

Initial Assessment

We review your income, deposit, credit situation, and requirements to understand what's achievable and identify any potential challenges early.

2

Mortgage Research

We search our lender panel to find suitable products for your situation, considering rates, fees, and lender criteria that match your circumstances.

3

Decision in Principle

Once you're ready to view properties, we arrange a mortgage decision in principle so you can make offers with confidence about your borrowing capacity.

4

Property Found

When your offer is accepted, we proceed with the full mortgage application, providing all necessary documentation and managing the process.

5

Application Processing

The lender processes your application, arranges property valuation, and assesses everything. We handle queries and keep you updated throughout.

6

Mortgage Offer & Completion

Once the mortgage offer is issued, your solicitor handles the legal work leading to exchange and completion - when you get your keys!

Deposit and Affordability

Understanding Deposits

First time buyer deposits typically range from 5% to 20% of the property purchase price. Larger deposits generally provide access to better interest rates and more lender choice.

Deposit sources lenders accept:

  • Personal savings accumulated over time
  • Gifted deposits from family members
  • Inheritance money
  • Proceeds from investments or asset sales
  • Help to Buy ISA or Lifetime ISA funds

Affordability Assessment

Lenders assess affordability based on your income, regular outgoings, credit commitments, and living costs. Different employment types and income structures are assessed differently.

Income types we help with:

  • Employed with standard payslips
  • Self-employed and business owners
  • Contractors and consultants
  • Commission-based income
  • Multiple income streams

Complex Income First Time Buyers

If you're self-employed, contracting, or have non-standard income, you may need specialist lenders who understand complex income assessment. We have extensive experience helping first time buyers with varied employment situations access suitable mortgages. Your employment status doesn't prevent homeownership - it just requires the right lender approach.

First Time Buyer FAQs

Ready to Start Your First Time Buyer Journey?

Get expert first time buyer mortgage advice tailored to your situation. Whether straightforward or complex, we're here to help you get on the property ladder.