Most lenders require at least a 5% deposit of the property’s purchase price. However, a larger deposit (10-20%) can give you access to better interest rates and more options.

The amount you can borrow depends on factors like your income, expenses, credit score, and the lender’s affordability criteria. Speaking with an adviser can give you a clearer picture.

A fixed-rate mortgage locks in your interest rate for a set period, offering stability in monthly payments. A variable rate mortgage can fluctuate with market changes, which might mean lower rates initially but less certainty over time.

Besides your deposit, you’ll need to plan for costs like solicitor fees, stamp duty (if applicable), valuation fees, and moving expenses. Some lenders may offer incentives like free valuations for first-time buyers.

While not mandatory, a mortgage in principle (MIP) shows sellers and estate agents you’re serious and gives you an idea of what you can afford. It’s a great first step before making offers.

If your circumstances change, it’s essential to let your lender or adviser know. We can guide you through potential solutions, like switching products or payment holidays, if necessary.

Absolutely! As whole-of-market advisers, we can compare hundreds of deals, find the best fit for your needs, and guide you through the process step-by-step to save time and stress.

Schemes like Help to Buy and First Homes can make homeownership more affordable. We’ll help you explore these options and determine if they’re right for you.

The mortgage process typically takes 4-8 weeks, but timelines can vary based on your circumstances, lender processing times, and how quickly you provide documentation.

Don’t panic - there are usually other options. We can help identify why it was declined and work with you to improve your application or find a different lender who better fits your profile.