First Time Buyer Mortgages
Get A Great First Time Buyer Deal!
Why choose our mortgage service?
Fair Mortgages can provide you with a first class mortgage service.
Special features of what we offer include:
- Whole of market service
- Access to leading market rates
- Access to exclusive first time buyer mortgage deals not available on high street
- Fast turnaround - call us if you need to move fast!
- We have lenders who will take into account previous defaults and missed payments
- If you are looking to raise finance we will look at all your finance options
To investigate your first time mortgage options call our specialist team on 0117 403 4474 or fill in our call back form.
How much can I borrow?
In calculating how much you can borrow the lender will apply a maximum amount you can borrow called the loan to value of the property (LTV).
During the pandemic many lenders reduced the maximum loan to value on their mortgage ranges.
The good news is that as we come out of the pandemic many mainstream lenders are now reverting back to offering mortgage products with a 95% LTV.
If you are in a position to provide a 10% depsoit this will allow you to access lower rates and a wider choice of lenders when borrowing to buy your first home.
A few offer mortgages at 95% LTV but you will find that interest rates have been hiked up to reflect this.
For more information on FTB mortgages call 0117 403 4474