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First Time Buyer Mortgages

Buying your first home is an exciting milestone. At Jubilee Finance we take the hassle and stress out of understanding mortgages, deposits, affordability and the application process, leaving you to plan for moving in day.

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5 star rating

Five star assurance for service and excellence from Trustpilot.

Family ethos

Established in around 2013, our business is built on a foundation of dedication and a commitment to our clients.

All in one house

All our services are handled in-house, ensuring seamless integration and a cohesive approach.

Competitive fees

Providing our clients with cost-effective solutions without compromising on the quality of our services.

Helping you take your first step
onto the property ladder.

We believe the mortgage application process should always be easy and hassle free. Our friendly and professional team will guide you every step of the way, explain options without the jargon and provide advice that is always in line with individual circumstances.

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Buying your first home.

As a first-time buyer, you will of course have many questions. How much can be borrowed? What level of deposit is required? What is meant by a Decision in Principle? For what extra and sometimes surprise costs should I budget?

These are all important things to know when preparing to buy your first property.

Our team of mortgage brokers will always take the time to know you and understand your circumstances. And, as we have access to a full range of first time buyer mortgages, we can consider various suitable mortgage options to help find a solution that meets your needs and requirements.

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Making the mortgage process easier to understand.

You have found the property that you would like to call your home. So, what is next? Whether it’s discussing how much you wish to borrow or the various stages of submitting your mortgage application, Jubilee Finance is always available at every stage.

We will explain the process clearly and be on hand to answer any questions. There is no unnecessary jargon or complexity. With Jubilee Finance, we pride ourselves on simple, straightforward, honest advice to help you move forward with confidence.

How we help first time buyers.

Our team can help you understand how much you may be able to borrow, how different deposit levels could affect your mortgage options, what a Decision in Principle is and the different types of mortgages available.

As well as this, we use our experience to clearly explain the extra costs you may need to consider when buying a home and what actually happens during the various stages of a mortgage application process.

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Starting your mortgage with Jubilee Finance.

We know that your first mortgage is a significant financial commitment. Having the right level of support and guidance can make the process feel much more manageable and stress-free.

Contact the Jubilee Finance team today to discuss your plans and options and discover  how can help you take your first step to your dream first home.

FAQS
Get the answers you need quickly

How much deposit will I need for my first home?

The deposit level will always vary. This is because it depends on the mortgage product, lender criteria and your own individual circumstances. The more you can use as a deposit, the lower your loan-to-value calculation will be. However, there will always be different options available depending on your situation.

How much can I borrow as a first-time buyer?

It really does depend. The main factors that a lender will consider for a first-time buyer will be your income or dual income, regular outgoings, financial commitments and overall circumstances.

What is a Decision in Principle?

A Decision in Principle (sometimes also called an Agreement in Principle) gives an indication of how much a lender may be willing to lend based on the initial information provided. It should not be considered as a guarantee on how much you can borrow or that your full mortgage application will be accepted.

How long will my mortgage application take?

Timescales can vary depending on the lender and the complexity of your circumstances. Once you are ready to proceed, we can guide you through the process and keep you informed of the likely timeframe to completion.

Do I need a mortgage adviser as a first-time buyer?

A mortgage adviser can help you understand the process, have access to a broad range of mortgage options, discuss these options with you plus provide advice based on your individual circumstances and requirements. You can of course do this all by yourself, but we find our level of expertise saves time, saves money and reduces the amount of work needed by the applicant.

What can we help you with?
Discover how we can benefit you today

Ready to discuss your first time buyer mortgage?
Give our team a call today!

Contact Jubilee Finance today to discuss your requirements and find out how we may be able to help. You can reach our team of broker experts through a phone call or email. Or if you would prefer, you can also take advantage of our user-friendly contact form located on our website’s dedicated contact page for a prompt and efficient response.

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A mortgage is a loan secured against your home or property. Your home or property may be repossessed if you do not keep up repayments on your mortgage or any other debt secured on it. Most forms of buy-to-let mortgage are not regulated by the financial conduct authority.