95 Mortgage for First Time Buyers | House Martin Mortgages Ltd

First-Time Buyer Mortgage

Your Journey to Your First Home Starts Here

Buying your first home is an exciting milestone, but it can also feel a little overwhelming. At House Martin Mortgages Ltd, we’re here to provide clear, tailored advice and support to make your journey to homeownership as smooth as possible.

First-Time Buyer Mortgages

Mortgages designed for first-time buyers often include lower deposit options and access to schemes aimed at helping you get onto the property ladder. Here’s what you need to know as you start your search:

How much deposit will I need?

Many lenders require a minimum deposit of around 5%, although this can vary depending on your circumstances. The larger your deposit, the better your mortgage options are likely to be.

How do lenders decide what I can borrow?

Lenders assess your financial situation, including your income, monthly expenses, credit history, and any existing debts, to determine how much you can borrow.

Is there any help available?

Government schemes, such as Shared Ownership and First Homes, can help you get onto the property ladder. You may also benefit from Stamp Duty relief, depending on the property value.

Should I choose a fixed or variable rate?

A fixed-rate mortgage keeps your payments the same for a set period, helping you budget with confidence. A variable-rate mortgage can go up or down depending on interest rates, which means your payments may change.

How We Make It Easy

• Assess your finances and explain your options clearly
• Help you secure an Agreement in Principle
• Guide you through the application process step by step
• Liaise with lenders, solicitors, and estate agents
• Keep everything progressing smoothly through to completion

Ready to Take the First Step?

You may have to pay an early repayment charge to your existing lender if you remortgage

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A Smarter,

Simpler Approach

to Mortgage and Protection

A Smarter,

to Mortgage and Protection

Simpler Approach

First-Time Buyer Mortgage

How much deposit will I need?

Many lenders require a minimum deposit of around 5%, although this can vary depending on your circumstances. The larger your deposit, the better your mortgage options are likely to be.

How do lenders decide what I can borrow?

Lenders assess your financial situation, including your income, monthly expenses, credit history, and any existing debts, to determine how much you can borrow.

Is there any help available?

Government schemes, such as Shared Ownership and First Homes, can help you get onto the property ladder. You may also benefit from Stamp Duty relief, depending on the property value.

Should I choose a fixed or variable rate?

A fixed-rate mortgage keeps your payments the same for a set period, helping you budget with confidence. A variable-rate mortgage can go up or down depending on interest rates, which means your payments may change.

Ready to Take the First Step?

Your home may be repossessed if you do not keep up the repayments on your mortgage.

First-Time Buyer Mortgage

How much deposit will I need? Many lenders require a minimum deposit of around 5%, although this can vary depending on your circumstances. The larger your deposit, the better your mortgage options are likely to be.

How do lenders decide what I can borrow? Lenders assess your financial situation, including your income, monthly expenses, credit history, and any existing debts, to determine how much you can borrow.

Is there any help available? Government schemes, such as Shared Ownership and First Homes, can help you get onto the property ladder. You may also benefit from Stamp Duty relief, depending on the property value.

Should I choose a fixed or variable rate? A fixed-rate mortgage keeps your payments the same for a set period, helping you budget with confidence. A variable-rate mortgage can go up or down depending on interest rates, which means your payments may change.

Ready to Take the First Step?

Your home may be repossessed if you do not keep up the repayments on your mortgage.

How much deposit will I need?

Many lenders require a minimum deposit of around 5%, although this can vary depending on your circumstances. The larger your deposit, the better your mortgage options are likely to be.

How do lenders decide what I can borrow?

Lenders assess your financial situation, including your income, monthly expenses, credit history, and any existing debts, to determine how much you can borrow.

Is there any help available?

Government schemes, such as Shared Ownership and First Homes, can help you get onto the property ladder. You may also benefit from Stamp Duty relief, depending on the property value.

Should I choose a fixed or variable rate?

A fixed-rate mortgage keeps your payments the same for a set period, helping you budget with confidence. A variable-rate mortgage can go up or down depending on interest rates, which means your payments may change.