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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 purchasing property.

BLOG: The MIG picture

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

News

‘Confidence already restored’ to London property market

Consumer confidence in the London property market is already being restored foll...

Building societies approve 91,000 mortgages

UK building societies approved more than 91,000 mortgages in the first three mon...

UK cities still behind house price peaks

House prices in 11 major UK cities are yet to recover to their pre-crash levels,...

Building societies warn over housing crisis

The trade body representing building societies across the UK has urged the gover...

Avocado bathroom is biggest turn-off

Installing an avocado bathroom suite is considered the worst way to ‘improve...

First-time buyers face wait to buy

First-time buyers face waiting longer than planned to get onto the property ladd...

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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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