We provide individual mortgage advice, unique to you.
Fee-Free Mortgage Advice for First-Time Buyers
At Grove Mortgages, we provide fee-free mortgage advice for first-time buyers, helping you understand how much you can borrow, what deposit you need, and which lenders are most likely to approve your application. Buying your first home can feel complicated, but the right guidance makes the process much easier.
Our advisers compare mortgages from a wide range of lenders and guide you through every step – from your first affordability check to getting the keys to your new home.
Whether you’re just starting to explore buying your first property, a second home, looking to remortgage or invest in a buy-to-let property, we’re here to help.
HAVE YOU CONSIDERED:
- How much you can borrow?
- How much deposit you need to put down?
- Any extra costs?
- Household budgets?
- Navigating the house buying process?
- Using a solicitor?
How Much Can First-Time Buyers Borrow?
How Much Deposit Do First-Time Buyers Need?
Why Use a Fee-Free Mortgage Broker?
Lenders calculate how much you can borrow based on your income, deposit, credit history and monthly commitments. Many first-time buyers can borrow around 4–4.5 times their annual income, although this varies between lenders.
Our advisers can run affordability checks with multiple lenders to find the mortgage most likely to be approved.
Most lenders require a minimum 5% deposit, although putting down a larger deposit can improve your mortgage options and reduce your interest rate.
We help first-time buyers understand which lenders accept lower deposits and which schemes may help you buy sooner – fee free!
Using a mortgage broker can significantly improve your chances of being approved for a mortgage.
We help by:
Comparing mortgages from multiple lenders
Matching you with lenders likely to approve your application
Managing paperwork and applications
Explaining the process clearly
Supporting you through to completion
Our advice for first-time buyers is completely fee-free, meaning you get expert support without paying broker fees.