first time buyer mortgages

Rising house prices mean that getting a mortgage can be especially difficult for first-time homebuyers. Even for the successful applicant the mortgage process can be daunting.

If you haven't saved a deposit or you're concerned about whether you can afford to meet mortgage repayments on your income, there are still options available to you, including group mortgages, guarantor mortgages or government assistance schemes for first-time buyers and key workers.

There are also some great deals available, such as mortgages that cover the costs of solicitors and surveyors and special deals for graduates that take potential earnings into consideration.

As a first time buyer, it's important to do your research into what's available to you, consider carefully before entering a contract and think about seeking professional financial advice before making a decision.