Best Mortgage Group is registered with the Data Protection Act 1998 registration No. ZB547561 and is authorised and regulated by the Financial Conduct Authority under the firm reference No. 1005176 as an Appointed Representative of TMG Direct Limited which is authorised and regulated by the Financial Conduct Authority under firm reference 786245 and registered with the Data Protection Act 1998 Registration no. ZA178200.
Mortgages for first time buyers
Buying your first home is thrilling, nerve-wracking, and everything in between. Even the most self-assured first-time buyers can find the unknown process overwhelming.
Fear not, because we’re here to assist. Beyond answering the ‘how to get a mortgage’ and ‘what’s our search budget’ questions, we’re ready to address all your related queries. Consider us your go-to resource, from ‘when should we engage a solicitor’ to any other concerns you may have.
The initial and most crucial step?
Let’s chat. We’ll delve into your unique situation and collaboratively craft a tailored action plan to guide you into your first home.
We’ll help you to understand how much a mortgage will cost, whether you can afford it, what deposit you need, what type of mortgages are available, and whether you’ll qualify.
Whether you’re ready to make a move or just considering it, we’ll help you become mortgage-ready – it’s never too early to start a conversation with us.
Call us at 01277 633123 to take the first step toward making your home ownership dreams a reality.
Making sense of it all
Explore our Financial Terms Glossary, which provides valuable information on terms and concepts you’ll soon become familiar with—
Explore your options
There are many ways to get your feet on the first rungs of the property ladder. Here are a few options to consider:
Shared Ownership:
Securing a mortgage for shared ownership means you won’t initially own the entire property. This option allows partial ownership, with the remaining portion considered a rental, often in collaboration with a housing association. You can gradually buy out the rental portion as your status or income increases.
How much deposit?
To buy your first home you may only need a minimum 5% deposit. The more deposit you are able to place down will be reflect in a lower rate charged by the mortgage lender.
Right to Buy:
Council tenants can purchase their homes at significantly discounted prices through this option. We’ll talk you through the process.
Your journey to homeownership begins here. Call us, and let’s turn your homeownership dreams into reality.