First Time Buyer Mortgage Broker – Expert Help for Your First Home Purchase

Buying your first home is a big milestone — and it’s one of the most important financial decisions you’ll ever make. At Hallam Mortgages, our dedicated First Time Buyer Mortgage Brokers are here to simplify the process, help you understand your options, and secure a mortgage that suits your budget and future goals.

With access to a wide range of first-time buyer mortgage deals, we’ll guide you every step of the way, from getting pre-approved to getting the keys in your hand.

Why Choose a First Time Buyer Mortgage Broker?

As a first-time buyer, the mortgage process can feel overwhelming. There are hundreds of products, countless lenders, and confusing jargon. A specialist mortgage broker for first-time buyers offers:

Personalised mortgage advice based on your income and deposit
Access to exclusive mortgage deals not available directly to the public
Help with affordability assessments and lender criteria
Guidance on government schemes like Help to Buy, Shared Ownership, and Lifetime ISAs
Assistance with paperwork and liaising with solicitors and estate agents

We take the stress out of the process and give you the confidence to move forward with your home purchase.

Who Qualifies as a First Time Buyer?

You’re typically considered a first-time buyer if you:

Have never owned a residential property in the UK or abroad
Are buying your main residence
Are not purchasing through a buy-to-let or investment mortgage

Even if you’re buying with a partner who has owned before, you might still qualify for first-time buyer benefits depending on your circumstances. Our brokers will help clarify your eligibility.

How Much Can You Borrow?

Your borrowing potential depends on several factors, including:

Your income and employment status
Your monthly expenses and existing debts
Your credit history
The size of your deposit (typically at least 5%)Our first-time buyer mortgage advisors use lender-specific affordability calculators to match you with the best deals, based on your real financial situation.

What Documents Will You Need?

Lenders typically request the following documentation from first-time buyers:

Proof of ID (passport or driving licence)
Proof of address (utility bill, council tax)
Proof of income (payslips, tax returns if self-employed)
Bank statements (last 3–6 months)
Credit report (we’ll help you check this for free)

We’ll guide you on exactly what’s needed and help ensure everything is in order before submitting your application.

Mortgage Options for First-Time Buyers

As a first-time buyer, you may be eligible for various mortgage types, such as:

Fixed-rate mortgages – Lock in your rate for predictable payments
Tracker mortgages – Variable based on the Bank of England base rate
Help to Buy – For new-build homes with government equity loans
95% LTV mortgages – Only a 5% deposit required
Guarantor mortgages – Where a family member supports your application

We’ll compare all options and explain the pros and cons of each so you can make an informed choice.

First-Time Buyer Schemes We Support

Our brokers will also help you take advantage of government support schemes, including:

Help to Buy: Equity Loan (in applicable regions)
Shared Ownership
First Homes scheme
Lifetime ISA matching (for saving your deposit)

Using these schemes properly can reduce your deposit requirements and improve affordability.

Common Questions About First-Time Buyer Mortgages

What deposit do I need as a first-time buyer?

Most lenders require at least 5% of the property price, but a larger deposit (10–20%) can unlock better rates.

Can I get a mortgage with bad credit?

Yes, some specialist lenders accept applicants with adverse credit, CCJs, or defaults. Our advisors will help you find a suitable match.

How long does the mortgage approval process take?

With the right paperwork, you can expect a mortgage in principle within 24–48 hours and a full offer within 2–4 weeks, depending on the lender.

Should I get a mortgage agreement in principle?

Yes! A mortgage in principle (MIP) strengthens your offer when making an offer on a property and shows sellers you’re serious.

Why Work With [Your Company Name]?

✅ Experienced first-time buyer mortgage brokers
✅ Access to high-street and specialist lenders
✅ Honest, jargon-free advice
✅ Help with government schemes and deposit planning
✅ Fast and efficient application process
✅ Continued support from offer to completion

We don’t just compare rates—we compare what’s right for you.

Start Your Home Buying Journey Today

Ready to take the first step toward homeownership? Speak to a dedicated first-time buyer mortgage broker today for free, no-obligation advice. Whether you’re saving for a deposit or already house hunting, we’re here to help you make smart, confident decisions.