First Time Buyers

Get on the Property Ladder with Confidence

Buying your first home is exciting, but it can also feel overwhelming. At J Finance, we specialise in helping first-time buyers navigate the mortgage process with expert guidance and tailored solutions. Whether you need help understanding mortgage options, deposit requirements, or government schemes, we’re here to make your home-buying journey smooth and stress-free.

Why Choose J Finance for Your First Mortgage?

Expert Advice – We simplify the mortgage process, helping you find the right deal.
Exclusive Mortgage Deals – Access first-time buyer mortgages that may not be available on the high street.
Step-by-Step Support – From application to completion, we guide you every step of the way.
Help with Government Schemes – We’ll advise on Own New, Shared Ownership, and First Homes schemes.

How Much Can You Borrow as a First-Time Buyer?

Your mortgage eligibility depends on factors like income, credit history, and deposit size. We’ll assess your financial situation and connect you with the best lenders to maximise your borrowing potential. Many lenders have decided to offer more to first time buyers to give them a helping hand onto the property ladder, so the borrowing figures from these lenders can result in a much greater property budget!

First-Time Buyer Mortgage Essentials

Deposit Requirements – Most lenders require at least 5-10% deposit.
Affordability Checks – Lenders assess income and expenses to determine how much you can borrow. This can range from under 4x income to 6x income depending on the lender!
Mortgage Types – Choose from fixed-rate, tracker, or variable-rate mortgages. We are here to guide you on this, though.
Additional Costs – Consider stamp duty (if applicable), legal fees, and survey costs. Don’t leave yourself short!

Process

When you come to us, as a first-time buyer, we start with a friendly, no-pressure conversation to understand where you’re at in their journey—whether you’re just starting to look or have already found a property. We take the time to explain how the mortgage process works in simple terms, breaking down the different types of products, interest rates, and repayment options so you feel informed and in control.

We then carry out a thorough assessment of your situation, looking at income, deposit, outgoings, and future plans. From there, we search the market to find the most suitable mortgage options, including deals from high-street banks and more specialist lenders. We’ll walk youthrough our recommendations and secure a mortgage agreement in principle if needed, giving you confidence when speaking to estate agents. Throughout the process, we’re on hand to answer questions, chase paperwork, and keep everything moving—making what can feel like a daunting process as smooth and stress-free as possible.

We also have a guide on the conveyancing process which you can read here.

Get Started with J Finance

At J Finance, we make the first-time buyer mortgage process simple and stress-free. We are happy to hold meetings remotely or our advisers are based all over the UK in locations such as Berkshire, Oxfordshire, Hertfordshire, Bedfordshire, Yorkshire, Derbyshire and London.