First Time Buyer Mortgages

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  • 20+ Years Experience
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If you are you looking to buy your first home, and you aren’t sure which banks gives the best rates to first time buyers you have to the right place! Our advisors will be able to assist you and making sure you get the BEST possible rate.

With experts based throughout the UK we can offer amazing help and in January 2022 are able to get this help guide you very quickly.

Getting onto the property ladder can be exciting! However, it can also be fairly tricky if you’re not sure what to expect.

There is a wealth of help and assistance for a first time buyers which means you will get your foot onto the first rung of the ladder after just a few simple consultations with a mortgage advice expert.

However, there are also going to be a few things you’ll need to bear in mind when it comes to applying for your first mortgage.

There are fees, surveys, reports, application forms and more besides which you will need to consider. An advisor will help help you get off on the right foot by looking at the top possible deals and rates for your current situation.

House buying isn’t simple. With the housing market always changing, and with plenty of first-time purchasers relying on a loan or two from Mum and Dad, each application is going to look slightly different.

Planning on acquiring a house for the first time? Need help understanding how a mortgage works? We’re here for you.

We offer a number of great Mortgage services and are more than happy in assisting you on anything you need to know.

Help for First Time Buyer In the UK

Applying for a first time buyers is available from our local advisors of advice experts in January 2022. We work with thousands of individuals, couples and families each year who are completely new to mortgages and what they entail.

One of the biggest pieces of help we can offer to first-time buyers is that they are ‘mortgage-ready’. Making sure that their credit file is healthy and ready to face up to the scrutiny of lenders they may be applying to.

First Time Home Buyer Do’s & Dont’s

Here are a few great ways to make certain you are ready to take on a home loan. Do be aware that this may take months of preparation!

  • Make sure to pay your bills on time. Avoid paying late on credit cards and any other agreements in particular.
  • Become registered on the electoral roll. This will help identify you, and to confirm that you are living in the country.
  • Ensure to save up for a deposit. Lenders could have access to details which show whether or not you have been saving money regularly and will use this as a good sign that you will be able to pay any upfront fees as well as ongoing charges.
  • Make certain you have paid off any outstanding debt you may have remaining. Student loans won’t count – but bank loans and overdrafts will.
  • Your credit rating will be your biggest asset when it comes to securing your first mortgage. Therefore, it makes sense to try and be as financially sensible in the run-up to buying a property!
  • Lowering any credit card debts could help guide the reason behind this is because the first thing lenders look at is how much money you already owe money to and you could have low credit card debts or no credit card debts they almost trust you more and they are also able to lend you more money so you have been looking at a pre-owned house you may then be able to afford to buy a new house.
  • Loan to value is the ratio that loan the asset you are looking to buy. Loan to value is also known as LTV.

Mortgages For First Time Buyers In The United Kingdom

People worry that the property market won’t favour first time owners. This is hardly ever the case. There are a number of specialist products, deals and services which can help get new owners.

As the closest experts many people have in finding their ideal first mortgage, we are proud to be able to source and suggest fantastic mortgages for 1st time buyers which fit a wide range of financial profiles.

There is never any need to worry about buying a house for the first time. First-time buyers will likely have plenty of questions and concerns. We therefore offer an impartial, understanding service whereby we will consult with you on all the aspects of first-time buying that you may not be clued up about.

If you need to more on Mortgage services, get in touch with us today!

Mortgage Rates for First Time Buyers In United Kingdom

What are the top mortgage rates for 1st time buyers? This is a question that isn’t so easy to answer. That’s because rates can vary and depend on who is applying! Home loan rates can change with the wider market and certain deals can be unlocked for certain people.

Mortgage Offer

However, we advise keeping a lookout for the multiple types of mortgage solutions to buyers which fall under ‘fixed’ and ‘vari’. Most mortgages, if not all, can fall under these umbrellas. A fixed mortgage offer you a monthly rate which is – of course – fixed for a certain period of time.

A variable rate can, again, fairly obviously, vary depending on lender rates of interest. While fixed-rate mortgages can give you peace of mind and security during your repayment schedule, they may often be levelled at a higher cost than that what you may expect from a variable loan.

Therefore, it is worth discussing your needs and preferences with an advisor if you’re unsure which option to take!

First Time Buyers Mortgage In The UK

We support first-time buyers plans which offer flexibility and competitive rates of interest fee. We will never advise you take out deals which you can’t feasibly afford or manage for the long term.

We make sure to try and understand your current situation and to consider future opportunities for you. Setting up a home loan can be a long term commitment!

You should not be worried about buying your first home our advisors are here to help ease getting on the property ladder.

First time Buyer Mortgage Advice In United Kingdom

Looking for first-time buyer mortgage assistance from a local firm? Interested in discussing your loans and lending potential with a nearby firm with years of experience in lending assistance? We’re here to help find borrowers at every stage of their home buying journey.

Finding your first home can be exciting, and we’re here to help make the process as simple to understand and prepare for.

Buying your first home can be very stressful your constantly worrying about mortgage rates etc this doesn’t need to be the case as our teem will be able help you along the way.

Our advisors will be able to assist you every step of the way from writing up the agreement in principle, to submitting the agreement in principle & make any further revisions to the agreement in principle. An agreement in principle is basically in place to help you find and lock down the house that you are looking at before you have submitted a formal offer.

Schemes Available For First Time Buyers In The UK

There are various scheme’s available for first time house buyers such as:

  • Help to buy (A help to buy scheme is a shared ownership with the lending bank almost like a joint mortgage)
  • Shared ownership
  • Lifetime ISA

Shared Ownership

You should consider these schemes if you are buying your first home. The help to buy scheme was setup by the government back in October 2013, to help buy your first home so it is certainly a good idea to look into help to buy scheme.

Different Schemes

There are also various schemes to help with the deposit in some instances our advisors will be able to decrease 15 deposit down to 7%. This is dependent on the mortgage provider, interest rates fee. However lowering your deposit you will then need to make sure you can afford the monthly cost and keep up repayments.

Are you looking to submit a mortgage application? Get in touch today.

Why You Should Look Into Mortgage Provider Schemes

If you want to buy a house you need to save money up for the property you want. A good way of doing this is to lower your spend on credit cards as mortgage lenders will always look at your outgoings and if you have a debt amount on credit cards this will lower the amount that banks are willing to lend you. A good idea however is to get a joint mortgage this means you need to get an agreement when you submit your mortgage application the banks are more likely to increase the amount they are willing to lend you.

If you need a deposit to help buy a home you should definitely look into an ISA account. You will also be able to take a better mortgage deals when you have your money in a ISA account. This can make the process of buying a home a lot easier and lower your monthly payment.

First Time Buyer Rates In The United Kingdom

Interested in finding mortgage rates nearby or in your surrounding areas in January 2022? Speak to a mortgage advisor for first time buyers today by completing our contact form. We can arrange a free consultation with a local expert at your convenience.

When applying for a mortgage for your first home looking at interest rates is very important.

  • Fixed rate mortgage
  • Variable rate mortgage

Our advisors will be able to find the right type of mortgage deal including all fees such as stamp duty, soft credit check, credit score, mortgage term, estate agents fees. If you have already got a mortgage let our advisors know much you could borrow. The better the credit score the better rate you will receive from the bank.

What To Expect For First Time Buyer Rates

At FTB Mortgages, we can assist you on anything you require. Email us today for a number of great Mortgage services.
A frequently asked question is how much you could borrow and this is varies from case to case, the amount you can borrow is mainly down to the amount you earn, how much your outgoings are etc, However our expert mortgage advisors will be able to help maximise the amount you borrow and get you the lowest rate feasible!

Laws In The UK For Mortgages

You are legally allowed to apply for a mortgage at 18 years old in the UK. However most bank’s don’t like lending to younger people as their are various types of risk involved. At such a young age you need to be certain that you are able to pay your monthly repayments because if you don’t your home may be repossessed.

Find out how much you can save by using our expert mortgage advisors. There’s no obligation to apply for a first mortgage with us.

What Others Say About Our Services

We absolutely love the service provided. Their approach is really friendly but professional. We went out to five different companies and found First Time Buyer Mortgages to be by far the best. Thank you for your awesome work!!

Nicholas Murphy
Luton

We have used First Time Buyer Mortgages for many years as they are certainly the best in the UK. The attention to detail and professional setup is what makes this company our go-to company for all our work. I highly recommend the team for the immense work - we highly recommend!!

Bobby Fischer
Bristol

For more information on Mortgage services & how to get a mortgage with lowest interest rate, fill in the contact form below to receive a free quote today.

Why You Should speak to an Expert Mortgage Advisor

Our advisors will also be able to help you with a decision in principle. If you don’t know what a decision in principle is it’s basically an agreement between you and the seller stating that they are not able to change the price of the new home/ pre-owned home while you are applying for a mortgage, viewing properties and while you are speaking to mortgage advisers. It also means if someone else made a bid on the same property after your decision in principle the seller legally has to say no which can help ease your stress while applying for the mortgage.

Our advisors will have you in your first home in no time!

Do you want to calculate howmuch you can borrow with our first time buyer mortgage expert advisor today.

All Areas We Cover in the UK

Here is a list of all the counties we cover in the UK:

Our specialist can help nationwide in the UK.

Enquire today as we can give you the free assistance during January 2022.

Thinking about buying your first home? If you need to know more information get in touch today. There’s no obligation to apply for a mortgage with us & get the interest rate available.

Our Advisors Will Have You In Your First Home In No Time!

If you are getting a mortgage and need to work out how much much you can borrow call us or fill out the contact form. Our advisors are able to get you the deal. Get a no obligation mortgage quote from us. Our advisors will get the lowest the repayments on your mortgage. We can also assist you with your agreement in principle (decision in principle) before we have even processed your mortgage application or even done a soft credit check. While all of this is happening in the background we can help with the mortgage offer the whole get a mortgage, work out how much you can lend, get an agreement in place for you, credit score.

How To Acquire The Lowest Rate

Get a quick indication of the maximum you could borrow today by getting in touch with us. New home is a good idea as there is less maintenance worries. If you think we could help call us or fill out the form. We are regulated by the financial authority (being regulated by the financial authority means you don’t need to worry about any scams as our are constantly being monitored). If First time buyer looking for a mortgage offer get in touch to see how much you could borrow on your new home. Get an agreement in principle today. We can help with help to buy schemes. All deals are financial conduct authority approved! This is all dependent on how much you can borrow.

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