Guide for First-Time Buyers How Mortgage Brokers can help you to secure your First Home in UK
Entering the UK housing market as a first-time buyer can feel overwhelming, but 2025 brings new opportunities and more accessible mortgage options than ever before. With first-time buyer (FTB) activity up 45% in early 2025 and lenders introducing more flexible products, there’s never been a better time to explore your options with the help of a professional mortgage broker.
Why First-Time Buyers Are in the Spotlight in 2025
The UK mortgage market is experiencing renewed energy. According to recent data, searches for first-time buyer mortgages surged by 45% in Q1 2025, with both younger (18-30) and older (56-65) buyers entering the market in greater numbers. This growth is fuelled by:
- Falling mortgage rates, with many products now below 4%
- Government support for high loan-to-value (LTV) mortgages (up to 95%)
- Some lenders now offer 100% LTV or near‑100 per cent deals.
- Increased confidence as the economy recovers and inflation stabilizes.
How Whole of market Mortgage brokers can simplify the Home Buying Process from First-Time Buyers
Personalised Guidance – By Assessing Affordability & Borrowing Power
Before you start house-hunting, a broker helps you understand:
- How much you can borrow based on income, outgoings, and credit score
- What deposit size you’ll need
- How lenders assess loan-to-income (LTI) and loan-to-value (LTV) ratios
- Pre-approval assistance: We’ll also help you get a Decision in Principle (DIP)—a lender’s indication of how much they’re willing to lend, which strengthens your position when making offers for property
- Each case is assigned a dedicated case administrator who simplifies the mortgage process, explaining each step and help in all the documentation They also ensure your application meets compliance & regulatory requirements, reducing the chance of errors that could derail your mortgage
Access to whole-of-market or exclusive broker-only deals– We connect buyers with a wide range of lenders to secure the most suitable mortgage options.
Comparing Mortgage Products There’s no one-size-fits-all mortgage. Brokers help you compare mortgage type
- Fixed-Rate – Interest rate stays the same for a set period (e.g. 2, 5, or 10 years)
- Tracker – Follows the Bank of England base rate, so payments can fluctuate
- Discounted Variable – Discounted from lender’s standard variable rate (SVR)
- Offset – Links to your savings to reduce interest paid
- Interest-Only – Lower monthly payments, but capital must be repaid at the end
Brokers explain the pros and cons of each, helping you choose based on your budget, risk tolerance, and future plans.
Paperwork & Application Support
Once you’ve chosen a mortgage, your broker will:
- Submit the full application on your behalf
- Liaise with the lender to resolve queries
- Track the progress of your valuation and underwriting
- Keep you informed at every stage
This saves you time and reduces the risk of delays or rejections due to missing documents or miscommunication.
Navigating Buyer Schemes – Explaining Government Schemes & Incentives
Brokers can advise on schemes designed to help first-time buyers, such as:
- Lifetime ISA (LISA): Save up to £4,000/year with a 25% government bonus
- Shared Ownership: Buy a portion of a property and pay rent on the rest
- First Homes Scheme: Discounted new-builds for local first-time buyers
- Deposit Unlock: Buy a new-build with just a 5% deposit
They’ll assess your eligibility and help you apply where appropriate.
Post-Offer Support & Beyond
Even after your mortgage offer is issued, brokers continue to support you:
- Liaising with solicitors and estate agents
- Advising on completion timelines
- Helping you remortgage or switch deals when your initial rate ends
Recommending Protection & Insurance
A good broker doesn’t stop at the mortgage. They’ll also discuss:
- Life insurance and critical illness cover
- Income protection
- Buildings and contents insurance (often required by lenders)
This ensures you’re financially protected if the unexpected happens.
Trusted by First-Time Buyers
“As a first-time buyer, I was anxious about the process and unsure where to start. At Principals Mr. Atul Patel explained everything in simple terms, compared hundreds of mortgage deals, and helped me secure a 95% mortgage with a great rate. He even guided me through the paperwork and got me an agreement in principle so I could view properties with confidence. I couldn’t have done it without his expert advice and support!”
– London, May 2025
Let’s Talk About Your Plans
We can help you understand your borrowing potential, walk you through current mortgage deals, and put a smart plan in place that fits you.
Book your free consultation by calling us on 020 8187 8876
Or Click here to complete our mortgage enquiry form and get started.
A MORTGAGE IS A LOAN SECURED AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE OR ANY OTHER DEBT SECURED ON IT. Authorised and regulated by FCA 313934.