We can help you onto the property ladder…
Being a first time buyer can be confusing and a stressful process. Our experts at Full Circle Mortgages can help you through every stage of your first purchase, giving you the information, advice and experience needed to ensure you make the right decisions along the way.
When purchasing your first house you will need a solicitor to do your conveyancy work. If you’d like help finding a solicitor let us know and we can help.
First Time Buyers FAQs
HOW CAN MORTGAGE BROKERS HELP FIRST TIME BUYERS?
Buying your first home can be an exciting and daunting prospect. A mortgage broker makes the process of buying your new home simpler, whilst knowing you’ve locked in the best mortgage deal for you moving forward.
HOW MUCH CAN FIRST TIME BUYERS BORROW?
Normally banks will lend 4 – 4.5 times your annual salary but this can be dependant on other circumstances. We can help you understand what you an afford and what banks would offer.
WHAT’S A MORTGAGE IN PRINCIPLE?
A Decision in Principle is an indication from your mortgage lender of how much they may be willing to lend you for your mortgage. Quite often these are needed in order to make an offer on a house.
HOW CAN I CHECK MY CREDIT SCORE?
A good credit score gives you a better opportunity to access the best deals and mortgages on the market. You can check you credit score online using tools such as Experian.
WHAT HELP IS AVAILABLE FOR FIRST TIME BUYERS?
There are a number of schemes and tax saving opportunities for First Time Buyers in the UK, including the Help To Buy scheme, low deposit mortgages and Stamp Duty savings. Get in touch to learn more.
HOW MUCH OF A DEPOSIT DO I NEED TO BUY MY FIRST HOUSE?
Many lenders will let you put a small deposit of 5% down for your first house purchase. This is dependant on your circumstances though, so it’s worth getting in touch so we can inform you of your options.
Have a question? We are waiting to help…
Client Testimonials
Don’t take our word for it – here’s what our clients say:
Would highly recommend. Very easy to deal with and was confident that he found us the best and most appropriate deal for us.
Joe Luckett
(Bark.com)
Couldn’t recommend enough, Matthew has been amazing throughout this whole process for me and my partners first time buying a home.
Nikita Davies
(Facebook)
Absolutely fantastic service, all questions answered and any issues thrown up during the process were dealt with quickly and easily.
Dan
(Bark.com)
Contact us
We are waiting for your message or call, so that we can help you make the right mortgage decisions moving forward.
Risk warning: Your home may be repossessed if you do not keep up repayments on your mortgage.