Our Expertise
First Time Buyers
Buying a first home is exciting, and it can also feel stressful. Advice at the right moment helps you understand what may be possible and prepare properly.
Overview
What is first time buyers?
A first time buyer mortgage is simply a mortgage taken out by someone purchasing their first property. What makes the process different is the amount that is unfamiliar: deposits, agreements in principle, surveys, searches, solicitors and lender requirements all arrive at once.
Advice helps you understand how much you may be able to borrow, what a lender is likely to look for, and how to prepare so that your application is presented in the strongest realistic light.
Who might this be suitable for?
- Anyone purchasing a property for the first time
- Buyers saving a deposit and wanting to understand their target
- Purchasers using gifted deposit support from family
- Buyers considering shared ownership or other schemes
- Applicants buying jointly with a partner or friend
How Help to Lend can help
- 01We explain the whole journey in plain language before you commit to anything.
- 02We give you a realistic view of borrowing capacity so you can search with confidence.
- 03We help you gather documents early, which reduces delays once an offer is accepted.
- 04We stay involved after the application, coordinating with estate agents and solicitors through to completion.
Assessment
What may lenders and providers consider?
Deposit
The size of your deposit affects the products available and the rates you may be offered.
Income and employment
Lenders assess income type, stability and length of employment when considering affordability.
Outgoings and commitments
Credit commitments, childcare and regular expenditure are taken into account.
Credit history
A clear, well-managed credit record supports an application. We review this with you early.
Criteria vary between providers and can change at any time. Nothing here confirms that a particular lender or insurer will accept an application.
The Process
How we work through it together.
- 01
Understand
We start with a conversation about your circumstances, plans and objectives.
- 02
Assess
We review your position, affordability and mortgage requirements in detail.
- 03
Recommend
We identify suitable mortgage and protection options and explain the reasoning.
- 04
Apply
We prepare and manage the application, liaising with the lender on your behalf.
- 05
Progress
We keep the case moving and keep you informed at every stage.
- 06
Complete
We support you through to completion and remain available afterwards.
FAQs
Frequently asked questions
Related
Related expertise
Speak to an adviser about your circumstances.
We'll explain the options clearly and tell you what to prepare, with no obligation.
- 20+ Years of Advice
- Whole of Market Panel
- Support to Completion