First-time buyers
Your first mortgage, explained properly
We handle the jargon, the lender criteria and the paperwork, so you can focus on finding the right home.
What we do for you
- Assess affordability and credit profile before you make an offer
- Explain 95% LTV options, guarantor and shared-ownership routes
- Secure an agreement in principle so estate agents take you seriously
- Confirm first-time buyer stamp duty relief eligibility (up to £500,000)
- Arrange the protection cover a lender will expect you to consider
Typical timeline
Agreement in principle within 48 hours; full application submitted within a week of an accepted offer; average completion in eight to twelve weeks.
Representative example
A mortgage of £225,000 payable over 30 years, initially on a fixed rate of 4.69% for 5 years and then on a variable rate of 7.19% for the remaining 25 years, would require 60 payments of £1,165.58 and 300 payments of £1,525.75. The total amount payable would be £528,954, including interest, a product fee of £999 and a valuation fee of £295. The overall cost for comparison is 5.3% APRC representative.
We typically charge a fee for mortgage advice. The exact amount depends on your circumstances; our typical fee is £499, payable on application. We will also usually receive a procuration fee from the lender.