First Time Buyer
Thinking of purchasing your first home? Great!
Don’t let the mortgage process slow you down.
First-time buyers can often find the mortgage process overwhelming and rightly so – it’s complicated. Rest assured, with fee free advice we can help you fully understand every aspect of your first mortgage.
There are also many assistive schemes available to first-time buyers. We can help you find which you are eligible for.
Taking the Leap
We offer whole of market advice on all aspects of mortgages, including mortgages that only require 5% deposit and we can give you information on each of the Government schemes available to help with decision-making.
LIFT Scheme
The LIFT (Low-cost Initiative for First-Time Buyers) Open Market Shared Equity (OMSE) scheme has helped over 12,000 people since it started in 2005. Applicants can receive up to 40% funding towards the price of a home on the open market.
Shared Ownership
This is when you share the ownership of the property with a housing association. You must still be able to provide a 5% deposit towards the price of the property, however a quarter of the valuation would be owned by the housing association, which you’d be required to pay rent on.
