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First Time Buyers
Introduction
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
How to find the ideal first-time buyer mortgage
If you are buying your first property, follow these commonsense rules for a succ...
How to get government help
If you are a first-time buyer struggling to get onto the property ladder, help c...
How to save money with a flexible mortgage
With a flexible mortgage you can overpay, underpay, take payment holidays and bo...
How to get your mortgage application accepted
Getting a mortgage application accepted is a lot tougher than it used to be, so ...
Insure4you: Help finding the right insurance for homebuyers
Buying your own home can be an exhausting and expensive process, but luckily we ...
How to spot problems when buying
Buying a house is one of the most important decisions you will ever make – bot...Guides
Guide to interest-only mortgages vs repayment mortgages
Before you go looking for a mortgage or remortgage deal, you need to decide how ...
Guide to flexible mortgages
A truly flexible mortgage allows you to do the following:
Guide to fixed-rate mortgages
Fixed-rate mortgages are fairly popular in the UK. As the name suggests, they al...
Guide to mortgage basics
Taking out a mortgage is probably the biggest financial undertaking you will eve...
The buying process
A step-by-step guide to purchasing property.
Guide to discount mortgages
We all love a good discount - there is a certain satisfaction to be had from kno...News
Nearly half of first-time buyers have poor mortgage knowledge
A mortgage broker can help you navigate the mortgage maze
The Nottingham launches five-year fixed rate mortgages
The products are aimed at those who want payment security for longer
Homeownership still out of reach for millions despite government schemes
Help to Buy and the Mortgage Guarantee Scheme have helped first-time buyers onto...
New fixed rates launched by The Nottingham
The building society has introduced the deals to support first-time buyers with ...
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Revealed: Seven top tips for first-time buyers
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In Depth
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