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First Time Buyers

Introduction

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Buying a property is the biggest financial commitment most of us will ever make, so it is important that you understand the types of mortgage deal available before making a choice. Yourmortgage.co.uk explains them all: fixed rates, variable rate mortgages, tracker deals and more.

Happily, there are plenty of these mortgages on the market aimed squarely at first-time buyers.

If you do manage to squirrel away the 5% of a property’s value, there are now a number of mortgage lenders willing to lend up to 95% loan-to-value (LTV) mortgages. Others offer guarantor homeloans that allow parents or other family members to underwrite your mortgage, or collective arrangements where family finances can be pooled to help you get on the property ladder.

The government also offers assistance in the form of Help to Buy and other schemes.

 

How to

Insure4you: Help finding the right insurance for homebuyers

Buying your own home can be an exhausting and expensive process, but luckily we ...

How to get government help

If you are a first-time buyer struggling to get onto the property ladder, a coun...

How to save money with a flexible mortgage

 A truly flexible mortgage allows you to do the following: Overpay Underp...

How to buy with friends

With house prices having risen substantially over the past 20 years, the plight ...

How to get a mortgage with family help

Most first-time buyers receive financial assistance from their family these days...

How to buy a home: the process

A step-by-step guide to the process you will go through to purchase your propert...

Guides

Guide for First-Time Buyers

Download our free, handy guide for first-time buyers,produced in association wit...

Guide to Building Societies

Welcome to the 2014 edition of the Your Mortgage Guide to Building Societies. ...

Guide to Help to Buy

Download our free, handy guide to Help to Buy, produced in association with Alde...

Guide to Finding the Right Mortgage

Our handy guide explains the different mortgage options available and how you to...

The buying process

A step-by-step guide to the process you will go through to purchase your propert...

BLOG: The MIG picture

Many years ago, high loan-to-value (LTV) lending was supported by the Mortgage I...

News

Housing market ‘slowest since 2013’

The housing market lull has continued in March, with the market described as the...

London faces ‘looming problems’ on housing

The London property market needs to be addressed immediately to ensure the capit...

Parents spend £19,000 more on houses near good schools

Parents are willing to spend as much as £19,000 more on a property that is loca...

House prices forecast to grow 1.5%

House prices in the UK are expected to rise by 1.5% during 2015, the Centre for ...

1.5m borrow cash to pay rent or mortgage

As many as 1.5 million Brits had to borrow money to pay their monthly rent or mo...

Leeds Building Society unveils 10-year fix

Leeds Building Society has become the latest lender to launch a competitive 10-y...

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Your Mortgage Guides

Guide to Help to Buy

Download our free, handy guide to Help to Buy, produced in association with Aldermore Mortgages.

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