What Is a First Time Buyer Mortgage?
A first time buyer mortgage is a mortgage for someone buying their first home. Lenders look at things like your income, deposit, credit history, monthly commitments, and the property you want to buy before confirming how much you can borrow.
Working with a specialist broker helps you compare suitable options and get clear first time buyer mortgage advice before you apply.
First time buyer mortgage advice can help with:
With Zest, you get practical first time buyer mortgage advice tailored to your budget, goals, and timeline, so you can move forward with confidence.
The Essential Ingredients for a Successful First Time Buyer Mortgage
Getting your first mortgage does not need to feel overwhelming. Once you get in touch with our team, we will talk through your budget, deposit, income, and what type of home you are looking to buy. From there, we will assess your options, explain what is possible, and compare suitable deals using our whole of market access.
Whether you are just starting to look, ready to make an offer, or need help understanding your borrowing position, we provide clear first time buyer mortgage advice from start to finish, from recommendation to application and beyond.
As your trusted broker, we focus on finding a first time buyer mortgage that fits your circumstances now and supports your long term plans.
Who We Help
First Time Buyers with a Small Deposit
We can help you understand your options, likely monthly payments & what lenders may be available to you.
First Time Buyers Buying as a Couple
Buying together can improve affordability, but it also adds decisions around budget and lender criteria.
Self Employed First Time Buyers
We can help you prepare the right documents and find lenders that suit your income structure.
Buyers Using a Gifted Deposit
We explain how gifted deposits work & what lenders usually need as part of the application.
Buyers Moving from Renting
We can help you compare the likely costs of buying and prepare for the mortgage process.
Buyers Needing Extra Guidance
We provide straightforward first time buyer mortgage advice and explain each stage in plain English.
Frequently Squeezed Questions
We’ve brought together the questions we hear most often . No jargon, no fuss / just the clarity you need to move forward with confidence.
What is a first time buyer mortgage?
A first time buyer mortgage is a mortgage for someone purchasing their first home. Lenders assess your income, deposit, credit history, and outgoings to decide what you may be able to borrow.
How much deposit do I need as a first time buyer?
The deposit needed can vary by lender and product. In general, a larger deposit can give you access to more options and potentially better rates.
Can I get first time buyer mortgage advice before I find a property?
Yes. Getting first time buyer mortgage advice early helps you understand your budget, borrowing range, and likely monthly costs before you start viewing homes.
Can I get a mortgage if I am self employed?
Yes. Many lenders accept self employed applicants, but they may ask for specific income documents. We can help you prepare and find suitable options.
What costs should I budget for besides the deposit?
You may need to budget for valuation fees, legal fees, broker fees if applicable, and moving costs, as well as your monthly mortgage payments and household bills.
When should I speak to a mortgage broker as a first time buyer?
Ideally as early as possible. A broker can help you understand what you can afford and guide you before you make an offer on a property.
Making Your First Home Journey Simple
Why choose Zest for your first time buyer mortgage?
Whole of market access
We compare mortgage deals from across the market, helping you avoid missing a product that may better suit your deposit, budget, and plans.
Refreshingly Personal Advice
No jargon and no pressure. Just clear first time buyer mortgage advice tailored to your circumstances, whether you are buying solo or with a partner.
Sweet & Social
We keep everything straightforward throughout the process, so you always know what is happening, what we need from you, and what comes next.
Support from start to finish
From your first enquiry to mortgage offer and completion, we are on hand to guide you through each step and help keep your purchase moving smoothly.
