At Mortgage Force Cambridgeshire, we understand that buying your first home can be as daunting as it is exciting. Which is why we guide First Time Buyers through the whole mortgage process, keeping things simple while still ensuring you have every bit of information possible.
Whether you are looking for advice with Help-to-Buy or any other First Time Buyer housing schemes, we find the best first time buyer mortgage rates and ensure the best first time deals possible. Through the years we have helped hundreds of First Time Buyers to purchase their first home, and the good news is that the market for new home owners is currently very buoyant.
The First Time Buyer market has seen plenty of changes over the last few years, all of which have effected affordability calculations, allowable income and employment types. We stay on top of things and have the experience to find the best mortgage rates for Contractors, those in Zero Hour Employment, Self-Employed and those who have just started or about to start a new job.
As with any mortgage, the general rule when it comes to First Time Buyer mortgage rates is the bigger the deposit, the more options you’ll have. However, there are mortgage lenders that will allow deposits of as little as 5% of the purchase price.
At Mortgage Force, we can also assist you if you wish to look at the likes of the government Help to Buy schemes too. These schemes offer assistance with deposit or purchase price and can also include options for Shared Ownership and Shared Equity.