First Time Mortgage

Pick a Mortgage Deal from our Best Buy First Time Mortgage

First Time Mortgage

Your first time mortgage will always be a challenge. In recent months the property prices have been coming down but at the same time the mortgage lending has become extremely tight. Many lenders have put strict criterion for lending specially for first time mortgage buyers. As a rule of thumb, if you have a bigger deposit you will have a much better chance of securing a decent mortgage deal. Also, as a first time buyer you will have to choose a mortgage product such as a tracker mortgage, fixed mortgage, offset mortgage etc for your new home. Our mortgage brokers can guide you about the various mortgage products available in the UK market based on your personal circumstances. If you cannot afford to buy a house out right, there are various options and schemes available that are worth looking into. These include guarantor mortgages, sharing a mortgage, government schemes for key workers and first time buyers.

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