First time buyer mortgages including 100% mortgages

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The property market has been moving very fast and this has led to significant increases in property prices. First time buyers have been hit particularly hard and, although you may be able to afford the monthly repayments on a mortgage, you may not have a suitable deposit available to you.

The advantages of being a first time buyer:

• first time buyers are more appealing to sellers because they are not in a chain
• first time buyers are much sought after by mortgage lenders
• interest rates are at their lowest for more than 30 years

Before you start looking at properties and going from estate agent to estate agent, find out how much you can borrow based on your earnings. Once this has been established you can start looking for your first home.

Whether you have a deposit or not, find out how much you could borrow by completing our no obligation enquiry form.

100% mortgages

100% mortgages are for those people without a deposit. It enables you to borrow the full amount of the value of the property you are buying.

We are still able to get great deals on 100% mortgage products, just get in touch with us by phone or online to find out more and how we can help you.

Other costs to consider:

When assessing how much buying your new house will cost, don't forget to include these items.

• Solicitor's costs (Legal Fees)
• Valuation fees (Survey or Homebuyers report)
• Stamp duty (see below)

Stamp Duty

Stamp Duty starts only when your property is worth more than £125,000 - see the chart below

Up to £125,000	nil
£125,001 to £250,000	1%
£250,001 to £500,000	3%
More than £500,000	4%