First Time Buyer Mortgages Plymouth

Buying your first home is a big step — and it can feel overwhelming. At Stuart Ash Mortgage Services, we make the process simple, clear, and personalised to you.

What is a First-Time Buyer Mortgage?

A first-time buyer mortgage is designed specifically for people purchasing their first home. These deals often come with:

• Lower deposit options – from 5%, although some lenders offer 1% and 2% deposit deals

• Product Benefits such as Cashback or Extended Affordability (subject to lender criteria)

• Flexible lending criteria to help First Time Buyers get onto the property ladder

We help you understand what you can borrow, what it will cost and how to secure the best deal available to you.

Your first home could be closer than you think.

• Book your free, no-obligation consultation today

• Speak to Stuart – local mortgage advisor

• Get your Agreement in Principle within 24 hours

Plymouth Mortgage Broker

Common First Time Buyer Questions:

Do I need a Large Deposit?

Not necessarily. Some buyers get started with as little as 5%. There are even new products on the market that accept 1% or 2% deposits.

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What is an Agreement in Principle?

An AIP provides you with an early indication of how much you can borrow. We can arrange this for you and provide current mortgage costs based on your circumstances.

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How much can I borrow?

How much you can borrow depends on your income, deposit amount, outgoings and credit history. Each lender has different approach to assessing affordability. We will assess your circumstances and compare deals across the whole of market.

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How much are mortgage advisor fees?

We offer a free initial consultation to assess your circumstances. We then charge a £199 advice fee to research the whole market, prepare and submit your mortgage application and deal with underwriter up to mortgage offer.

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What fees should I budget for?

Fees may include:

– Mortgage Advice Fee – ours is £199 on application

– Solicitors Fees – we can help you find quotes for this

– Stamp Duty Costs – depending on your final purchase price

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What documents do i need to apply?

You will be required to provide:

– Proof of Income (payslips or self employed accounts)

– Bank Statements and proof of expenditure

– ID documentation

– Proof of Deposit (savings, ISA, Gifts)

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Independent – Dedicated – Professional

Complete transparency

I believe in complete transparency regarding our advice fees.

  • I charge a £199 advice fee for Mortgage Advice which is payable on full mortgage application.

  • I charge a £349 advice fee for Adverse/Low Credit Score & Retirement Interest Only mortgages.

  • For Equity Release cases, I charge a £995 advice fee on application for all advice and implementation.

  • Upon completion of your mortgage I get paid a commission by your chosen lender which is based on the total loan amount.

From Initial Meeting
To Offer
To Completion

Contact Me For a No Obligation Quote

Contact info@stuartashmortgageservices.co.uk for a free no obligation chat