Mortgage Services

First-Time Buyer Mortgages - Pop Your Mortgage Cherry

First-Time Buyer Mortgages Covering Manchester & Liverpool

First Time Buyer

First-Time Buyer Mortgage

You’ve saved hard for your deposit. Maybe you’ve even seen the home you want to buy. Or perhaps you need to know the maximum property value to type into Rightmove to start your new home search.

We’ve helped hundreds of first-time buyers in Altrincham, Manchester & Liverpool do all this and more. From offering honest advice about the mortgage amount you can realistically get through to moving into your dream home. Our team will hold your hand as much or as little as you want.

First-Time Buyer Mortgage

Getting a Mortgage in Principle

The path to your first home starts with an in-depth conversation so we understand your circumstances. Then we can offer a comprehensive range of products from across the market to secure a mortgage in principle with a suitable lender and mortgage deal. This makes it possible for you to view properties and make an offer on that terraced house or city centre flat you’ve got your eye on.

From our first chat to the day you move in, we take care of everything for you. Paperwork, solicitors, mortgage lenders, estate agents - we deal with them all on your behalf. Transforming the stress that’s usually associated with purchasing a property into an enjoyable and exciting home-buying experience.

Our No Key, No Fee Guarantee

There’s nothing to pay until you’ve got the keys to your first home in your hands. And if your sale doesn’t go through for any reason whatsoever, you don’t owe us a penny. No key, no fee as we like to say.

What do you get for your money? The expert advice you need to secure the most suitable mortgage rates for first-time buyers suited to you. Complete peace of mind that everything’s taken care of. The time to look after all the other aspects of moving house and the confidence to enjoy the ride.

We cover the following areas as your first-time-buyer mortgage brokers; Manchester, Liverpool, Altrincham, Urmston, Wilmslow, Sale, Stockport, and the surrounding areas.

First Time Buyer FAQs

Still have questions?

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

How much money you can borrow as a first-time buyer will vary depending on a number of factors such as the lender, commitments and your annual income. A general rule of thumb is that a first-time buyer can generally borrow between 4 and 4.5x your annual salary. However, some lenders may allow you to borrow you up to 6x and there will be others that borrow you less. Of course, there are so many other considerations to take into account and it, therefore, all starts by speaking with a mortgage broker as we are here at Bell Financial Solutions.

What are the main stages/process?

Going through the process of successfully getting your first-time buyer mortgage is a process that is taken care of by trusted and reputable mortgage brokers. The first step to getting your first mortgage is saving enough money for a deposit which can start with as little as 5% of the overall value of the property. Once you've saved up enough money for your ideal first property, it's time to proceed and speak to an advisor just like ourselves to check if you qualify. Moreover, you will then establish a budget with your adviser before getting a decision in principle.

What is a first-time buyer mortgage?

As the term ''first-time buyer'' suggests, a first-time buyer mortgage is for someone that is getting on the property ladder for the first time. Buying your first property can be an extremely overwhelming and stressful experience but one that can be simplified when you work with qualified and reputable mortgage brokers. Essentially, if you're buying a property for the first time and you have no property to sell, you are qualified as a first-time buyer mortgage.

What are fixed-rate mortgages?

Fixed-rate mortgages are a popular type of mortgage where the interest rate on your mortgage stays the same during the duration of your deal. Fixed-rate mortgages are a particularly popular option for first-time buyers as they can provide great peace of mind where first-time buyers can easily calculate monthly outgoings. Fixed-rate mortgages are normally between 2-5 years.

How do I get started?

It all starts with a no-obligation chat to understand your circumstances and finances better. For more information, please get in touch with us today by calling us on 0161 791 4757 or use our online contact form and we'll get back to you promptly.

We’re all ears.

Let’s have a chat about what you need and how we can help.