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First time buyer mortgages.

how to get a mortgage first time buyer

Looking to buy your first home? Getting onto the property ladder can be a big step. Let us help you get the keys to your new home.

Thinking of buying your first home?

Want to start viewing properties?

How much could you borrow?

Had an offer accepted on a property?

Thinking of buying your first home?

How much could you borrow?

Want to start viewing properties?

Had an offer accepted on a property?

5. You’ll need to complete your mortgage application with a mortgage adviser

Average time: 2 hours

If you're applying with someone else, make sure you’re both available because it'll save time.

You'll need to:

  • Prepare the documents you’ll need such as pay slips, recent bank statements, details of any financial commitments or bonus, and proof of your identity
  • Have details of the property you want to buy.

Your mortgage adviser will:

  • Review your income and commitments
  • Ask about your needs and circumstances and then recommend our most suitable mortgage for you
  • Give you a Key Facts Illustration, which sets out the terms of the mortgage product and the total cost of the loan
  • Complete background

    checks with a Credit Reference Agency

  • Talk to you about valuation schemes and ask you to choose which scheme you want

We'll appoint a valuation surveyor and arrange for the property to be valued. We'll check the valuation report to make sure the property is worth enough to offer the loan you've asked for.

In Scotland, sellers must provide a Home Report which includes survey, Energy Performance Certificate and Property Questionnaire.

When all this is done and if everything is okay, we’ll write to make you a mortgage offer.

6. You’ll need to get a Solicitor or Licensed Conveyancer

The legal side of buying and selling a property can be carried out by either a 'solicitor' or 'licensed conveyancer', for simplicity we'll refer to both of these as 'conveyancer'. They’ll check who owns the property you want to buy, what’s included in the sale, and whether there are any clauses in the property’s deeds you or your lender need to be aware of. In Scotland your solicitor will also put in your offer and negotiate for you.

  • You and the seller, known as the vendor
  • Seller’s estate agent
  • Your conveyancer and the seller’s conveyancer
  • Your lender

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