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

First Time Buyer Mortgages in Gloucester

Book Your Free Consultation
8am - 10pm, 7 Days a Week

0117 440 4704 Speak to an Advisor - It's Free!
Reviews IO Logo

Read our 5 Reviews

Reviews Logo

First Time Buyer Mortgages in Gloucester

Are you a first time buyer in Gloucester? Discover your borrowing potential and move closer to securing your dream home. Start your mortgage journey with an expert today.

Speak to an Advisor - It's Free!

Fast & Friendly Mortgage Advice in Gloucester

Taking that first step into homeownership can be a stressful experience and one that often comes with substantial financial obligations.

As a mortgage broker in Gloucester, we understand how it can feel to be a first time buyer in the world of mortgages and we want to be able to offer a helping hand through your journey.

For over 20 years, we’ve been working in the mortgage industry, helping many customers embark on their first time buyer journey to property ownership.

We have a dedicated team of expert mortgage advisors in Gloucester who are just a phone call away and readily available to guide you through your mortgage process.

Video BG One Video BG Two
First Time Buyer Mortgages in Gloucester

Book Your Free Mortgage Appointment Online Today

During your free mortgage appointment, we will take some details from you to get an idea of your overall mortgage affordability. This will help us when finding a mortgage product for your situation.

We have access to both high street and specialist first time buyer mortgage products; we will search through 1000s of deals on your behalf.

Your mortgage advisor in Gloucester will also secure a mortgage agreement in principle for you following your free mortgage appointment. Typically, we can complete this within 24 hours.

Why Use a Mortgage Broker in Gloucester?

A mortgage broker in Gloucester will take care of the whole process, allowing you to enjoy a simple, smooth-sailing mortgage journey.

From trying to find a competitive product on your behalf to preparing your mortgage application with you, our services will be invaluable during your first mortgage process.

We can also help with making an offer on a property in Gloucester if that is something that you need help with.

Video BG OneVideo BG Two
Speak to an Advisor - It's Free!

First Time Buyer FAQs in Gloucester

What are the different government schemes available in Gloucester?

Accorion Arrow

If you’re having difficulties saving for the required mortgage deposit, a range government mortgage schemes are available to assist you. As a first time buyer in Gloucester, these schemes could prove useful for saving for your new home.

Some of the popular schemes include Shared Ownership, Mortgage Guarantee Scheme, First Home Scheme, Lifetime ISA and several others. Firstly, you need to see whether you’re eligible for these schemes. This is where a knowledgeable mortgage broker in Gloucester can lend a hand.

If you’re seeking further first time buyer mortgage advice Gloucester or wish to explore any of the government mortgage schemes, you can schedule your free mortgage appointment online and explore your options with a mortgage advisor in Gloucester.

What are the costs involved with first time buyer mortgages in Gloucester?

Accorion Arrow

Aside from saving for your mortgage deposit, there are extra charges such as conveyancing and legal fees, property survey costs, broker charges and mortgage arrangement fees to take into account.

There might also be stamp duty for some applicants to factor in, as well as various types of insurance (such as home, content or financial protection) that are available to you.

Once you get in touch with your first time buyer mortgage advisor in Gloucester, they can provide a more comprehensive breakdown of all these expenses during your free mortgage appointment.

What do I need to buy my first home in Gloucester?

Accorion Arrow

The first step towards purchasing your first home involves saving a minimum of 5% for a deposit. In addition, it’s best practice to reach out to a mortgage broker in Gloucester to see how much you can borrow and to get an estimate for your monthly repayments.

During your mortgage process, you will required to provide a series of documents that evidence your overall affordability for a mortgage. Mortgage lenders will ask for proof of ID, proof of address, bank statements, payslips and your P60. These documents help them work out your reliability and affordability.

We boast a wealth of experience in helping first time buyers in Gloucester. Our dedicated mortgage advisors in Gloucester are prepared to assist you, helping you locate the most suitable first time buyer mortgage in Gloucester.

What type of first time buyer mortgages can I get in Gloucester?

Accorion Arrow

A variety of first time buyer mortgages in Gloucester could be available to you. The most popular option tends to be a fixed-rate mortgage, where you secure your interest rates for a long period to safeguard against any possible rise in interest rates.

In addition, there’s a tracker mortgage option. Any increase in the Bank of England base rate results in a corresponding rise in your interest rates. The same is true if the rate decreases. There are cheaper options like discounted variable rates, but any alterations to the lender’s SVR would inevitably affect your interest rate as well.

The final option is an offset mortgage, which offers you an interest-free, flexible savings account to offset the balance of your mortgage. The larger your savings, the lesser the interest you pay on your mortgage.

If you require additional information on the diverse range of mortgages that could be an option for you and need guidance on the most suitable one, then schedule a free mortgage appointment online to speak with one of our mortgage advisors in Gloucester today.

Our Customers Love Us

Reviews Stars5.00 Rating5 Reviews

Our Simple 4-Step Process

Free Mortgage Appointment

Step 1

No matter what your mortgage objectives might be, we strongly recommend that you have a discussion with one of our mortgage advisors in Gloucester about your present circumstances and available options.

During your free mortgage consultation, your mortgage advisor in Gloucester will take some details about your earnings and outgoings to calculate the maximum sum you can borrow as a first time buyer in Gloucester.

We Can Search 1000s of Mortgage Deals

Step 2

We are capable of searching 1000s of first time buyer mortgage options to find the perfect deal for your personal and financial situation.

Once we have found you the perfect product, we will present it to you in the form of a mortgage illustration.

Submit Your Mortgage Application

Step 3

If you are happy with the deal, we can begin preparing your mortgage application and get it ready to send off to teh mortgage lender.

We will make sure that you have all the relevant documentation attached to your application so that your affordability is evidenced correctly.

Protecting You and Your Mortgage

Step 4

All that is left to do is to wait from the response back from the mortgage lender. In the meantime, your mortgage advisor in Gloucester will discuss your mortgage options with you so that you understand how to protect you and your family financially.

This is just a recommendation, you do not have to take out insurance even if it is recommend.

Reasons to Choose Us

Free Appointment in Gloucester

Accorion Arrow

You can arrange a free mortgage consultation with a mortgage advisor in Gloucester, either through a phone call or a Microsoft Teams video chat.

Don't fret if you think your case is overly complicated! As a mortgage broker in Gloucester, we have been able to help customers through complicated situations for over 20 years. There's a good chance we’ve managed a similar case to yours before.

Search 1000s of products

Accorion Arrow

Our team can search through 1000s of unique mortgage products, and with our extensive expertise, we can identify the most appropriate mortgage product tailored to your personal circumstances as a First Time Buyer in Gloucester.

We will never recommend a product that does not benefit you or your circumstances. We work for you and you only.

Our Service

Accorion Arrow

We put in a great deal of effort to ensure your mortgage experience is as smooth and hassle-free as it can be. Your assigned case handler will ensure to keep you informed throughout the process, clarifying what is happening in jargon-free terms.

Our main goal is to work diligently for you throughout your mortgage journey, providing a expert mortgage advice in Gloucester designed specifically for your needs.

7 Days a Week

Accorion Arrow

We're here 7 days a week to handle all of your mortgage enquiries.

As a mortgage broker in Gloucester, we want to be as flexible as possible so that you can reach out at a time that best suits you.

Malcolm and Amy Davidson - Mortgage Advice in Bristol

We Search 1000s of Mortgages in Gloucester

Fleet Mortgages
Paragon Mortgages
TSB Mortgages
Bluestone Mortgage Advice
BM Solutions Mortgages
Chorley Building Society
Precise Logo
Pepper Money
Mortgage Works
Coventry Building Society
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

First Time Buyer Mortgage Scenarios in Gloucester

How much can you borrow for a mortgage in Gloucester?

Accorion Arrow

As a First Time Buyer, you may be curious about the amount you could possibly borrow to prepare in advance for a mortgage.

If you are looking for a rough figure, use our free mortgage calculators on our website. However, speaking with a mortgage advisor in Gloucester can give you a more accurate approximation of how much you might qualify to borrow.

Usually, as a first time buyer in Gloucester, you can put down a deposit of 5%-10% and take out a 95% LTV mortgage or 90% LTV mortgage.

Ready to make an offer on a property in Gloucester?

Accorion Arrow

An additional benefit of contacting a mortgage broker in Gloucester like ourselves is the support and advice we can provide when you’re ready to place an offer on a property.

Typically, our mortgage advisors in Gloucester can obtain your mortgage agreement in principle (AIP) within 24 hours.  Possessing this could enhance your likelihood of having an offer on a property accepted.

Has your offer already been accepted in Gloucester?

Accorion Arrow

Securing an agreement in principle is always a smart move before making any offers on a potential new home. Once your property offer is accepted, you can then proceed with the complete mortgage application quickly.

Seeking the help of a mortgage advisor in Gloucester can prove invaluable. They can determine your eligibility for a mortgage on the chosen property at the amount you wish to borrow. They will then guide you on the next stages during your home purchasing process.

Looking for an agreement in principle in Gloucester?

Accorion Arrow

Our mortgage advisors in Gloucester are equipped to secure you with a mortgage agreement in principle within 24 hours.

We advise that you get your AIP before submitting any offer, as it signals to the vendor that you are prepared to move forward with a mortgage.

Struggling to get accepted for a mortgage in Gloucester?

Accorion Arrow

We have worked with clients who reached out to us for mortgage advice in Gloucester after being rejected by a bank. There can be a multitude of reasons why the bank denied you, but we might be able to assist.

Using both our knowledge and expertise as a mortgage broker in Gloucester, we can help you achieve the best results for your individual situation. Furthermore, we have access to a wide selection of mortgage lenders, several of which offer specialist products.

If you are in a complex mortgage situation, make sure to get the mortgage advice in Gloucester that you need.

Free Mortgage Guides & Bristolmoneyman 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

Equity Release Council Logo Solla Later Life 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 0117 440 4704
We use cookies to enhance your customer experience. More detailsGot It