First-time buyers

Consider the assets you have – like savings, which you might be able to use for your deposit – as well as your income and spending.

A Mortgage in Principle is specific to you and, together with your deposit, it can give you an indication of the property price range you can search within. So you can search for your new home with confidence.

From fixed-rate to tracker mortgages, it’s good to know what the different types of mortgages are, so you can feel fully prepared for a conversation with a mortgage lender or a broker.

When you’ve submitted your application, you’ll then hear back from the lender – and it’s time to find a solicitor or conveyancing firm.

When you’re applying for a mortgage, one of the first things you’ll need to consider is the mortgage term. This refers to the number of years it will take to repay your loan, as well as the interest.