First Time Buyers
Buying your first home can be exciting but also daunting. Let us ease you into the process
If you're a First Time Buyer and looking for your first ever mortgage, then there is nothing to worry about with Mortgage Fit. With our expert advice we will help you through the process of buying your first home and taking those initial steps into the world of property. Getting on the property ladder will be a breeze with Mortgage Fit.
Your home (or property) may be repossessed if you do not keep up repayments on your mortgage or any other debts secured on it. A fee may be charged for mortgage advice. The exact amount will depend on your circumstances.
When Should I Invest in My First Home?
There is never a perfect time to buy your first home, but the sooner you get on the ladder the sooner you start building equity. The most important thing is that you are financially ready — you have a stable income, a suitable deposit, and you are committed to the responsibility of home ownership.
What Do I Need To Buy My First Home?
- A deposit — typically at least 5% of the purchase price
- Proof of income and employment
- A good credit history
- Proof of identity and address
- Budget for additional costs: solicitor fees, survey, stamp duty
How Mortgage Fit Can Help
We will search the whole of the market to find you the best available deal and guide you through the entire process from choosing a property to getting the keys. We make sure the process is as smooth and stress-free as possible.
Government Schemes
There are government schemes available to help First Time Buyers get on the property ladder, such as Shared Ownership. Mortgage Fit can advise on which schemes you may be eligible for and which might be right for you.
