Category: First-Time Buyer Mortgages

Getting on the property ladder in the UK has never been more difficult. In fact, according to UK Finance and Which? it is predicted that mortgage lending will drop by £35bn in 2022. Mortgages enable many people who would otherwise never be able to purchase their own home to do so, provided they have enough capital to cover the initial deposit.

If you’re thinking about buying a new home, you may be wondering how to apply for a mortgage with help to buy. In this article, we’ll discuss what help to buy is and how you can apply for a mortgage with help to buy.

There are many different types of mortgages out there, and many different mortgage rates, depending on how much you earn and how much you have saved as a deposit.

If it is your first time buying a home, you’re classified as a first time buyer. As such, you may qualify for specific mortgage products designed for people taking their first foray into the property market.

Most homeowners are aware that there are numerous types of mortgage products on the market, although most people will only learn about the ones they use personally in any detail.