First Time Buyer Mortgages

If you are a first time buyer the mortgage market can seem daunting. You will have many questions to ask such as what are the best mortgage deals for first time buyers? What is a fixed rate, a capped rate, a discount rate or a tracker rate mortgage? How do I get my first mortgage? How much can I borrow, and how much will it cost me?  All of these questions can be easily answered by calling Veritas Mortgages or by completing and emailing our short enquiry form

Remember, there are plenty of specific first time buyer mortgages out there these days, including 100% mortgages, shared ownership deals allowing you to buy with friends, and guarantor mortgages, all designed to make getting your first mortgage that bit easier.

There are government loans available for first time buyers who are Key Workers. And in some instances you can buy your first home through a Housing Association. If you want an idea of your repayments on a mortgage click here

Please click the on Points to Consider button where you will find lots of useful information for First Time buyers. We recommend you give attention to the following:

• Be realistic in what you can afford. Houses require furnishings, and older houses may need re-furbishment. Make sure you prepare a budget before you move.
  
  
• If you are looking at buying a House for the first time, take an experienced home buyer with you when viewing property. Arrange a second viewing.
  
  
• You may find that you have new types of bills to pay – council tax, utility bills, telephone, cable or satellite subscriptions, home repairs. Be prepared!