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First Time Buyer Mortgage

First Time Buyer Mortgage Solutions – Helping You Step into Your First Home with Confidence.

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Helping First-Time Buyers Get on The Property Ladder

Buying your first home is exciting, but navigating the mortgage process can feel overwhelming. From understanding the different mortgage types on the market, to securing the very best deal to match your requirements, not to mention protection insurance decisions.

The good news? There’s plenty of support available to help secure the right first-time buyer mortgage to suit your needs. Let us guide you, one step at a time.

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First-Time Buyer Mortgage Schemes

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From government schemes to bank incentives, a first-time buyer mortgage offers a range of benefits. Whether you are considering a Help-to-Buy ISA, Help-to-Buy equity loan, a shared ownership mortgage, or reduced arrangement fees, there are options designed to make homeownership more accessible.

Despite rising housing prices and interest rates still high, there has been an increase in first-time buyers seeking to get a foot on the property ladder. This is often attributed to the support available to first-time buyers. This includes:

  • Government-backed Schemes make it easier to buy your first home.
  • Exclusive first-time buyer mortgage offers competitive interest rates.
  • Bank and Building Society incentives

    may include cashback, lower fees, or help with legal costs.

At Harbour Mortgage Solutions, we specialise in helping first-time buyers find the right mortgage. Our expert advice will guide you through the process, ensuring you understand your options and choose the best deal for your needs.

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Frequently Asked Questions

What is a first-time buyer mortgage?

A first-time buyer mortgage is a type of loan specifically designed for people purchasing their first home. These mortgages often come with lower deposit requirements and added incentives to help first-time buyers take their first step onto the property ladder.

Most first-time buyer mortgages require a minimum deposit of 5%–10% of the property value. As independent mortgage advisors in Barry, we can help you explore options with lower deposit thresholds and even government-backed schemes like Help to Buy or Shared Ownership.

Yes! Many lenders offer exclusive deals for first-time buyers, including cashback offers, free valuations, or reduced fees. Our independent mortgage advisors in South Wales will guide you through these options and help you secure the most suitable mortgage product.

 

While a low credit score can make things more challenging, it’s not impossible. Our team of independent mortgage advisors in Barry specialises in helping first-time buyers navigate complex financial situations and find lenders open to flexible credit histories.

 

The amount you can borrow depends on your income, expenses, and existing financial commitments. We offer personalised mortgage advice for first-time buyers across South Wales and the UK, helping you understand your borrowing potential and budget responsibly.

 

Absolutely. Working with independent mortgage advisors gives you access to a wider range of lenders and unbiased advice. We’re here to simplify the process and ensure you find the right first-time buyer mortgage tailored to your needs.

 

The timeline varies, but typically, it takes 2–6 weeks from application to mortgage offer. We streamline this process for first-time buyers in Barry and across South Wales, keeping things moving and making sure you feel supported every step of the way.