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First Time Buyer Mortgage

First Time Buyer Mortgage Advice

You’re buying your first home and applying for a first time buyer mortgage, what an exciting time and something that school never really prepared you for! No need to worry, at The Levels Financial we can be here to guide you every step of the way. We will work closely with you, so you can worry about the more important things, like which sofa to buy and what colour scheme you would like for your new living room.

We know that applying for your first time buyer mortgage (or any mortgage) is the start of a brand new and thrilling chapter in your life, and finding the right mortgage for you is incredibly important. With offices in Yeovil and Exeter, we are a locally-based, trusted team of mortgage advisors, offering excellent customer service throughout Somerset, Devon and the surrounding areas.

Arrange A Free Consultation

Free initial consultation to get you started

Expert advice on all mortgage services and products

A local and person-centred approach

Weekend and evening appointments

A locally-based mortgage advisor who cares about you

Mortgage Payment Protection for your peace of mind

Meet our advisors and our four-legged friends

Access to over 12,000 mortgages available

  • Free initial consultation to get you started

  • Expert advice on all mortgage services and products

  • A local and person-centred approach

  • Weekend and evening appointments

  • A locally-based mortgage advisor who cares about you

  • Mortgage Payment Protection for your peace of mind

  • Meet our advisors and our four-legged friends

  • Access to over 12,000 mortgages available

Frequently Asked Questions

What is a first-time buyer mortgage?

A first-time buyer is someone who has never owned a home before, in the UK or abroad. A first-time buyer mortgage is for those who are new to the housing market. Generally, first-time buyers are those who are buying a property to live in as their main residence and who have never purchased/owned a property previously.

Having worked with many reputable lenders in the past, securing first time buyers their mortgages, we have put together a comprehensive guide with first time buyer mortgage advice, helping to answer all the questions you may have.

How do you get your first time buyer mortgage?

The first step is to find out how much money you can borrow and then work out what’s affordable for you. The main hurdle many first time buyers come up against is finding money for the deposit. Having a small deposit can restrict the number of mortgages available to you, but there are first time buyer mortgage schemes which your mortgage advisor can discuss with you.

Following this, the next step is to get yourself mortgage ready. With more stringent affordability testing from the lender, it’s important that your finances are in order. You might be surprised that there are actually some really simple things you can do to help improve your chances of getting a mortgage.

Meet The Team

  • Connor Fitzgerald headshot
    Connor Fitzgerald

    Founding Director

  • Tom Horsey - Managing Director
    Tom Horsey

    Managing Director

  • Michelle Profile Picture Optimised mortgage advisors
    Michelle Martin

    Director

  • Zoe Graham - Mortgage & Protection advisor
    Zoe Graham

    Sales Manager

  • Luke picture for the website.
    Luke Wilkins

    Mortgage & Protection Advisor

  • Edd Popplewell - Mortgage Advisor
    Edd Popplewell

    Mortgage & Protection Advisor

  • Janek sat at desk.
    Janek Kopinski

    Mortgage & Protection Advisor

  • Nikki Smith - Mortgage Advisor
    Nikki Smith

    Mortgage Advisor

  • Cody profile picture
    Cody Cooke

    Mortgage & Protection Advisor

  • Charlie 4
    Charlie Cooke

    Mortgage Advisor

  • Justine Burgess meet the team photo
    Justine Burgess

    Mortgage & Protection Advisor

  • Sarah Finn meet the team photo
    Sarah Finn

    Mortgage & Protection Advisor

Helping You Secure Your First Time Buyer Mortgage

Our professional team of mortgage advisors have helped 100s of first-time buyers secure a mortgage rate that is right for them, taking into account their deposit, property value, income and outgoings. We know that there is no ‘one size fits all’ for mortgages, especially for first-time home buyers.

We know that getting your first mortgage is a stressful and scary process, which is why we will provide you with all the necessary information clearly and concisely with no jargon, as well as the following:

No matter what type of property you are purchasing, a new-build, renovation project, flat or terrace house, our team will work with you to help you understand the mortgaging process, complete any necessary paperwork and find a mortgage rate that suits your financial situation.

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  • I have just recently bought my first home using The Levels Financial. I came across them when while relocating to a new area and my new role being on a fixed term contract it was going to be trickier obtaining a mortgage, However I was made to feel at ease from the outset and supported with the whole process from start to finish. My mortgage offered in less than a week, to my surprise as being told elsewhere it may be tough to even get a mortgage! Would highly recommend!

    Sarah Johnstone

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