First-time buyers

Yourfirsthome.Doneproperly.From the start.

Buying your first home is one of the biggest decisions you'll ever make. It deserves clear, honest, independent advice — not a rushed application, not a generic recommendation, and not a process that leaves you more confused than when you started.

Deposit structure not planned early enough
Wrong lender for self-employed income
Mortgage in principle from wrong lender
Solicitor instructed too late
Stamp duty costs not factored in
No protection in place from day one
Deposit structure not planned early enough
Wrong lender for self-employed income
Mortgage in principle from wrong lender
Solicitor instructed too late
Stamp duty costs not factored in
No protection in place from day one
FCA Regulated Whole-of-market access Independent advice
01 —
Why this moment
deserves more
than a comparison site

Most first-time buyers don't know what they don't know. That's exactly where we start.

The mortgage market is deliberately complex. Products, rates, lender criteria, affordability calculations, schemes, fees — the volume of information is designed to overwhelm. Most people end up accepting whatever their bank offers, or choosing the lowest headline rate from a comparison site, without understanding what they're actually committing to for the next 25 years.

Working with an independent broker changes this entirely. We search the whole market — not just our own panel — and we explain every recommendation in plain English before you commit to anything. You'll understand what you're signing and why. That's not a luxury. It's what advice should always look like.

"The first home sets the foundation. Getting the mortgage right from the start changes the financial trajectory of everything that comes after it."

From
5%
Deposit options available
0+
Years of experience
£0
Protection advice fee
Whole
market
Independent access
Where you might be right now

Wherever you are in the process,
we know what to do next.

Just starting out

You want to know what's realistic

Before you start viewing properties, it's worth understanding clearly what you can borrow, what deposit you need, and what the monthly cost actually looks like — not an estimate, a real number based on your income and circumstances.

We can give you a clear affordability picture in a single conversation, so you approach the market with confidence rather than guesswork.

Actively searching

You have a property in mind

If you're viewing properties or close to making an offer, the priority is a mortgage in principle — a lender's indication of what they'll lend, which strengthens your offer and speeds up the process once accepted.

We prepare and submit this quickly, through the lender most likely to approve your profile — not the one closest to hand.

Small deposit

You have 5% — is that enough?

Yes, in many cases. Lenders do offer 95% mortgages, though the product range is smaller and lender appetite varies. The right lender, approached correctly with the right case preparation, can make a 5% deposit work — even for buyers with complex income.

We also advise on shared ownership, where a smaller deposit can access a larger property than a standard purchase would allow.

Self-employed

Your income isn't straightforward

Self-employed, contractor, or variable income — this doesn't disqualify you from buying your first home. It means lender selection matters more. We know which lenders assess income generously for non-standard earners, and how to present your case in the strongest possible way.

Two years of accounts or SA302s are typically sufficient — and some lenders will work with just one year for the right profile.

Credit history concerns

You're worried about your credit record

Past credit issues — missed payments, a default, or a CCJ — don't automatically prevent you from buying. The impact depends on the severity, how recent it was, and whether it's been satisfied. We assess honestly, advise on what to address, and find the lenders who look at the full picture.

We won't apply to a lender unless we're confident in the outcome — protecting your credit file from unnecessary searches.

Protection

You haven't thought about what happens if things go wrong

Most first-time buyers focus entirely on the mortgage and overlook the protection that makes it secure. Life insurance, critical illness cover, and income protection aren't afterthoughts — they're the foundation that keeps your first home yours if circumstances change.

We review protection for every client, at no additional fee. We're paid by the provider — it costs you nothing extra to have this conversation.

——
"No question is a stupid question when it's your first home. The only mistake is not asking — and ending up in the wrong mortgage because nobody explained it properly."
Nathan Lawes — Director & Principal Adviser
What first-time buyers tell us
01
"I didn't know what I didn't know."The mortgage process has a vocabulary of its own. We explain everything clearly — loan-to-value, stress testing, procuration fees, conveyancing — without assuming you already understand it.
02
"I thought my bank would give me the best deal."Your bank can only offer its own products. An independent broker accesses the whole market — and your bank's rates are rarely the most competitive for your specific profile.
03
"The process took longer than I expected."It often does, without the right preparation. We get your case ready before approaching lenders — which means faster decisions, fewer queries, and a smoother path to completion.
04
"I wish I'd asked more questions."There are no limits here. Every conversation with Nathan is an opportunity to ask whatever you need to ask — as many times as you need to ask it — until you're completely clear.
Common misconceptions

Things first-time buyers
often get wrong.

Misconception 01

"I need a 10% deposit to get a mortgage."

Not necessarily. 5% deposit mortgages are available through multiple lenders — the product range is smaller, but viable for the right applicant. Shared ownership can also reduce the deposit required significantly.

Misconception 02

"Being self-employed means I can't get a mortgage."

This is one of the most persistent myths in mortgage advice. Self-employed borrowers buy homes every day. The key is finding lenders who assess income correctly for your structure — which is exactly what we do.

Misconception 03

"The lowest rate is always the best mortgage."

Not always. Product fees, early repayment charges, lender flexibility, and overpayment allowances all affect the true cost of a mortgage over its term. The best rate and the best mortgage are often different things.

Misconception 04

"A mortgage in principle guarantees I'll get the mortgage."

A mortgage in principle is an initial indication — not a guarantee. The full application involves a detailed assessment of income, outgoings, credit history, and the property itself. We prepare your case properly to make the transition from principle to offer as smooth as possible.

The first-time buyer journey

Four steps to
your first home.

Step 01

Understand your position

We start with a clear picture of what you can borrow, what deposit you need, and what the monthly cost looks like. No assumptions. Real numbers based on your actual circumstances.

Step 02

Mortgage in principle

Once you're ready to start viewing, we arrange a mortgage in principle through the most suitable lender. This strengthens your position with estate agents and gives you a clear budget to work within.

Step 03

Full application & offer

When your offer is accepted, we handle the full mortgage application — preparing your documents, liaising with the lender, and managing the process through to formal mortgage offer.

Step 04

Completion & beyond

We coordinate with solicitors through to completion and stay in touch afterwards — for reviews, remortgages, and any questions that come up long after you've collected the keys.

Questions we hear most

Every first-time buyer has questions. These are the ones we're asked most often — answered honestly, without jargon.

How much can I borrow as a first-time buyer?
Most lenders will offer between 4 and 4.5 times your annual income, though some will go to 5 or 5.5 times for the right profile. The exact amount depends on your income, outgoings, credit history, and the lender's own affordability calculations. We run a full assessment before approaching any lender — so you know exactly where you stand before any application is made.
Do first-time buyers pay stamp duty?
First-time buyers in England and Northern Ireland benefit from stamp duty relief on properties up to £500,000. On the first £300,000 there is no stamp duty, and the rate of 5% applies between £300,001 and £500,000. Above £500,000, standard rates apply without relief. We factor stamp duty into the total cost picture so there are no surprises.
What is a mortgage in principle and do I need one?
A mortgage in principle — sometimes called an agreement in principle or decision in principle — is a lender's conditional indication that they would consider lending you a specific amount. It isn't a guarantee, but it demonstrates to estate agents and sellers that you're a serious buyer with financing in place. Most sellers and agents expect to see one before accepting an offer. We arrange these quickly and through the right lender for your profile.
What other costs should I budget for beyond the deposit?
Beyond the deposit and stamp duty, typical first-time buyer costs include: solicitor / conveyancing fees (£1,500–£3,000), survey costs (£400–£1,500 depending on type), mortgage broker fees (£495 initial fee plus up to 1% of the loan on offer), and removal costs if applicable. We go through the full cost picture with you at the start so nothing is a surprise.
Should I use a Help to Buy scheme or shared ownership?
The original Help to Buy equity loan scheme has now closed. Shared ownership — where you buy a share of a property and pay rent on the remainder — remains available and can be a practical route for first-time buyers in higher-priced areas. It comes with specific mortgage considerations and we advise on whether it suits your circumstances and long-term goals.
How long does the whole process take from start to completion?
From first conversation to completing on your purchase, a typical first-time buyer transaction takes 3–5 months. The mortgage offer itself usually takes 2–6 weeks from full application submission. Conveyancing, searches, and the legal process typically add 8–12 weeks after the offer is accepted. We give you a realistic timeline at every stage — not an optimistic one.
Ready to take the first step

Your first home
starts with the
right conversation.

Tell us where you are and we'll give you a clear, honest picture of what's possible — before you commit to anything. No obligation, no pressure, no jargon.

FCA regulated · Whole-of-market · Independent advice