First Time Buyer Mortgage Brokers

First time buyers are the life blood of any housing market. When meeting one of our professional Brokers, we will explain to you the whole home buying process in a jargon free manner.

We give you the confidence to make these life changing decisions and get on to the housing ladder. As a young and dynamic team, you will find Brokers that have total empathy with your position and understand the demands and stresses that you are under.

Our independence means we will find the most suitable provider on the market and do the hard work so you don’t have to, meaning you can concentrate on finding that perfect property, knowing your finances are in order.

We will endeavour to put you in the best buying position, so you can offer quickly and decisively to secure your first home.

How much deposit do first-time buyers need for a mortgage?

Higher deposits mean cheaper mortgages. Nonetheless, we may be able to get you a mortgage with as little as £5,000 deposit.

Is it easier to get a mortgage as a first-time buyer?

As a first-time buyer, the process of getting a mortgage is similar, but you’ll probably have a smaller deposit. This usually means you'll need a mortgage with a higher loan-to-value (LTV) ratio, which can be more costly.

What is the most common mortgage for first-time buyers?

Fixed-rate mortgage terms can range from two to 15 years, but first-time buyers typically receive offers for two- or five-year deals. The main advantage of a fixed-rate mortgage for first-time buyers is the financial stability it provides.

How much can I borrow for a first-time buyer?

How much you can borrow depends on a multiplier applied to your income. Typically, lenders offer four to five times your income, but this can vary. If you're applying with a partner, lenders may combine both incomes in various ways.

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Why customers use AS Financial

Modern mortgage advice

In conjunction with our highly trained professional mortgage advisers, AS Financial uses the latest industry technologies to make your mortgage journey more educated and informed. AS Financial believes in using technology to make your life easier, not forcing our clients to use technology. It’s important to us that you always have advice from a mortgage professional and every client has their own allocated adviser.

Truly independent advice

AS Financial searches the whole market each and every time. You are an individual with individual circumstances making you unique. We understand and embrace these differences and carry out bespoke market research for every one of our clients. Of course we want you to get a great rate, but more importantly, we are here to make sure you achieve your goals from first property purchase to re-mortgaging your buy to let portfolio.

Expert implementation

AS Financial believes in mortgage professionals, not just in the areas of advice, but also in progressing your mortgage and making sure it completes. At each stage of your mortgage you are allocated the correct expert for you to rely on, through our Technical Progressing Team and our Completion Team. We truly believe this sets us apart in the mortgage advice arena and makes sure our clients get the attention they deserve at all stages.