It's Free to Speak to an Advisor, 7 days, 8am - 10pm

First Time Buyer
Mortgages in Scunthorpe

It's free to speak with a mortgage advisor
7 days a week, 8am - 10pm

01724 786 130 Speak to an Advisor - It's Free!
Reviews IO Logo

Read our 18 Reviews

Reviews Logo

First Time Buyer
Mortgages in Scunthorpe

Discover your borrowing potential and move closer to securing your dream home as a first time buyer in Scunthorpe.

Speak to an Advisor - It's Free!

We'll Be With You Every Step of the Way!

Taking out a mortgage is a huge financial commitment. Any first time buyer in Scunthorpe may find the mortgage process to be daunting. As an open & honest mortgage broker in Scunthorpe, it’s our job to make the process as stress-free as possible and find you the most suitable mortgage deal.

Here at Scunthorpemoneyman, our service goes beyond the mortgage, it’s all about the customer journey, how you got there and what happens next. We aim to keep the process simple and keep you in the loop at all times. Your mortgage advisor in Scunthorpe will be by your side at all times.

First Time Buyer<br>Mortgages in Scunthorpe

How Much Deposit Do I Need for a Mortgage in Scunthorpe?

Depending on your credit score can determine the amount of deposit required for a mortgage. We tend to find that first time buyers in Scunthorpe who have a good credit score, will have access to better mortgage rates and can put down a 5% deposit of the purchase price.

If you are a first time buyer in Scunthorpe with a much lower credit score, you may only have access to much higher rates and be required to put down a 10-15% + higher deposit.

Your deposit amount will also be different depending on the type of property you are looking to buy. The more expensive the property, the larger the deposit needed.

Are There Ways to Help me get Onto the Property Ladder in Scunthorpe?

If you are struggling to save for the minimum deposit that is required, you may be eligible for one of the many government help to buy schemes. These schemes were introduced as a means of helping First Time Buyers in Scunthorpe get onto the property ladder.

The schemes available currently include the Help to Buy Equity Loan, Shared Ownership, Mortgage Guarantee Scheme, the First Home Scheme, as well as a handful of others. These schemes are designed to help home buyers get onto the property ladder. To find out if you qualify for any schemes, speak to a mortgage advisor in Scunthorpe today.

If you are a first time buyer in Scunthorpe, looking for quality mortgage advice in Scunthorpe. Book your free mortgage appointment with one of our mortgage advisors in Scunthorpe. They’ll be able to help you check eligibility and apply for your mortgage.

Speak to an Advisor - It's Free!

Popular First Time Buyer Scunthorpe Mortgage Scenarios

Can I get a first time buyer mortgage in Scunthorpe?

Accordion Arrow

If you are looking to buy your first property, you can access mortgage products specifically designed to meet your needs.

Lenders often offer favourable terms, and government schemes may provide additional support. As eligibility criteria can vary from applicant to applicant, it’s recommended to consult with a mortgage advisor in Scunthorpe to evaluate your unique situation.

How can we help you get a first time buyer mortgage in Scunthorpe?

Accordion Arrow

Our team of expert mortgage advisors specialise in helping first time buyers in Scunthorpe. We take you through the entire process, starting with an assessment of your financial situation and providing comprehensive insights into the available mortgage options.

Our goal is to identify the most suitable mortgage product for your personal and financial situation, ensuring a smooth and informed experience for you.

How do we make sure you’re on the best mortgage deal?

Accordion Arrow

In our effort to secure the best mortgage deal for you, we undertake a comprehensive review of your financial details and preferences.

Our team works closely with a diverse panel of mortgage lenders, thoroughly exploring various options, taking into account interest rates, terms, and any special incentives available.

Our Customers Love Us

Reviews Stars4.83 Rating18 Reviews

Our Simple Mortgage Process

Free 30-Minute Mortgage Appointment

Step 1

During your free mortgage appointment, you'll discuss your aspirations with our trusted mortgage advisors in Scunthorpe.

They'll meticulously assess your income and expenses to determine your eligibility for a first time buyer mortgage in Scunthorpe.

We Can Search 1000s of Mortgage Deals

Step 2

Our mortgage advisors in Scunthorpe have access to a vast array of mortgage deals tailored for first time buyers in Scunthorpe.

Following your appointment, we can secure your mortgage agreement in principle—a valuable tool for making property offers.

Submit Your Mortgage Application

Step 3

Upon acceptance of your property offer, our dedicated advisors in Scunthorpe take charge of submitting your mortgage application.

We will ensure that all necessary documents are forwarded to the lender.

Protecting You and Your Mortgage

Step 4

Beyond securing the most suitable mortgage, our team is devoted to assisting you in obtaining comprehensive insurance coverage.

This is to make sure that you and your family are protected in the future.

Reasons to Choose Us

1000s of Deals

Accorion Arrow

One of the many benefits of a mortgage broker in Scunthorpe is we can search 1000s of mortgage deals to find the most suitable one that suits your circumstances.

Our Service

Accorion Arrow

As a mortgage broker in Scunthorpe, we love helping first time buyers in Scunthorpe get onto the property ladder.

Throughout the entire process, your mortgage advisor in Scunthorpe will be by your side, ready to answer any questions you may have about your mortgage journey.

 

7 days a Week

Accorion Arrow

Another, is we are available seven days a week and aim to take the stress away and solve any hurdles we encounter along the way. The best part of our job is finding a property that you like and receiving the keys!

Our Reviews

Accorion Arrow

Please read our genuine customer reviews, as they are a true reflection of the level of dedication and support, we provide to all customers, on top of providing a quality service. To speak to one of our mortgage advisors in Scunthorpe, book your free mortgage appointment today.

Malcolm and Amy Davidson - Mortgage Advice in Scunthorpe

We Search 1000s of First Time Buyer Mortgages in Scunthorpe

Fleet Mortgages
Paragon Mortgages
TSB Mortgages
Halifax
Bluestone Mortgage Advice
BM Solutions Mortgages
Chorley Building Society
Precise Logo
HSBC
Nationwide
Skipton
Pepper Money
Mortgage Works
Coventry Building Society
Santander
Natwest Mortgage Advice
Newcastle Building Society
Kensington Logo
Accord Mortgages
Aldermore Mortgage Lender
Beverley Building Society
Kent Reliance
Virgin Money & Mortgages
Leeds Building Society
Scottish Widows
Foundation Home Loans

Common First Time Buyer Mortgage Scenarios

What will my costs be? How much can I borrow?

Accorion Arrow

Many first time buyers in Scunthorpe wonder about the maximum amount they can borrow and their monthly costs. Your mortgage advisor in Scunthorpe will provide the exact amount on this.

What’s the next step after seeing a property that I like?

Accorion Arrow

We recommend to obtain an agreement in principle, which you may also see being referred to as a decision in principle, mortgage in principle, DIP, or AIP. Having this piece of documentation means that you have passed the lender’s initial credit check.

This shows the seller that you’re in a position to progress if they accept your offer, putting you ahead of other buyers. The good news is that one of our mortgage advisors in Scunthorpe team can turn around an agreement in principle within 24 hours of your initial appointment.

My offer got accepted, and I will like to proceed with my mortgage application?

Accorion Arrow

Get back in touch with your mortgage broker in Scunthorpe. They will then proceed with your mortgage application. If hurdles get in the way, your expert mortgage advisor in Scunthorpe will have come across something similar in the past and know what to do to end up with a good outcome.

My bank turned me away, can I still get a mortgage?

Accorion Arrow

We often hear from first time buyers in Scunthorpe who have been turned away from their bank for a variety of different reasons. Our team of specialist mortgage advisors in Scunthorpe will work hard to find a solution for any issues you may face during your process. Book yourself in for a free mortgage appointment today.

Mortgage Guides

Scunthorpemoneyman.com & Scunthorpemoneyman are trading styles of UK Moneyman Limited, which is authorised and regulated by the Financial Conduct Authority.

UK Moneyman Limited is Registered in England, No. 6789312 | Registered Address: 10 Consort Court, Hull, HU9 1PU.

Authorised and Regulated by the Financial Conduct Authority.

We are entered on the Financial Services Register No. 627742 at www.register.fca.org.uk

Equity Release Council Logo
Facebook Image X Image Instagram Image YouTube Image LinkedIn Image SpotifyImage TikTok Image

Speak to an Advisor – It’s Free!
7 Days a Week, 8am – 10pm

Speak to an Advisor - It's free Enquire Online 01724 786 130
We use cookies to enhance your customer experience. More detailsGot It