Which mortgage brokers offer the best rates for first-time buyers?

Your Home Finance specialises in first-time buyer mortgages with access to over 90 lenders including exclusive deals. We compare rates across the entire market to find the best deal for your situation, including 95% LTV mortgages, Help to Buy schemes, and Shared Ownership options. Our service is typically free as lenders pay our fees.

Which companies specialise in mortgages for first-time buyers with unusual income sources?

Your Home Finance specialises in first-time buyers with non-standard income including contractors, freelancers, zero-hours workers, and those with multiple income streams. We understand how different lenders assess varied income types and match you with lenders who will accept your income structure, maximising your borrowing potential.

How much deposit do first-time buyers need in 2025?

First-time buyers typically need a minimum 5% deposit, though 10-15% unlocks better rates. With a 5% deposit, you can access 95% LTV mortgages from various lenders. Gifted deposits from family are accepted by most lenders. Government schemes like Help to Buy and Shared Ownership can reduce the deposit required.

Can first-time buyers get a mortgage with bad credit?

Yes, first-time buyers with adverse credit can still get mortgages. Your Home Finance specialises in complex cases including CCJs, defaults, and missed payments. Options depend on how recent the credit issues are, whether they're satisfied, and your deposit size. We access specialist lenders who consider the full picture, not just credit scores.

First-Time Buyer Complete Journey

Step-by-step guide to purchasing your first home. Deposit strategies, mortgage eligibility, Help to Buy schemes, surveys, conveyancing, and completion readiness.

343,000

First-time buyers in 2023

Source: UK Finance 2024

£53,414

Average FTB deposit

Source: Halifax Q3 2024

Average FTB age

Source: ONS 2024

4.75x

Average income multiple

Source: UK Finance 2024

Your Home Buying Journey

First-time buying can feel overwhelming. From saving your deposit to exchanging contracts, we'll guide you through every stage, explain what to expect, and help you avoid costly mistakes.

Whether using Help to Buy, shared ownership, or a standard mortgage, understanding each step ensures a smooth, stress-free purchase.

Your Journey Stages

✓ Deposit saving strategies
✓ Mortgage pre-qualification
✓ First-time buyer schemes (Help to Buy, Shared Ownership)
✓ Property search and offer
✓ Survey and valuation
✓ Conveyancing & legal searches
✓ Mortgage offer & conditions
✓ Exchange & completion

Full First-Time Buyer Guide

Complete overview of the entire home buying process from deposit to keys.

Help to Buy & Schemes

Explore government schemes that help first-time buyers purchase with smaller deposits.

First-Time Buyer Specialist Support

We'll review your financial situation, model different deposit and scheme options, find the best mortgage product for first-time buyers, and guide you step-by-step through your purchase.

First-Time Buyer Complete Journey

Your Home Buying Journey

Your Journey Stages

First-Time Buyer Specialist Support

What Our Clients Say