Mortgage for First Time Buyers
We are here to support you every step of the way. We understand that getting your first mortgage can be daunting! Don’t worry, we have your back.
Our Police Federation Partners
Help and Advice for First Time Buyers
As a first time buyer, you probably have many questions about how to get a mortgage and which type is suitable for your circumstances. Police Mortgages can help you understand the differences between various offers and ensure you secure a mortgage that fits your situation.
Police Mortgages can find the right first time buyer mortgage to suit your needs helping you get your foot on the property ladder.
High LTV Mortgages
It is possible that you might have a relatively low deposit available, and therefore you might need a high Loan-to-Value ratio (LTV). Unfortunately, higher LTV mortgages typically have higher than average fees and interest rates.
Income Limitations
Young first time buyers may have low incomes, due to being in the early stages of their career. This will limit the amount that a mortgage lender will let them borrow because of affordability risks.
Sole Earner Struggles
Single first time buyers may struggle to borrow enough to purchase a property based on just one income.
Deposit Dilemma
First time buyers struggling to save a deposit for a home are unlikely to have a large amount of savings and may find it hard to budget for the additional costs of buying a home such as mortgage arrangement fees, valuation, homebuyers report or full survey, stamp duty and legal fees – it all adds up.
Why Pick Police Mortgages?
We’re trusted by thousands of police officers, staff and their extended family each year. We are proud to working with over 20+ UK Police Federations to ensure their members get the most suitable advice, for free.
Expertise & Efficiency
Enjoy award-winning financial advice with market searches, saving you time and effort. Let us handle the heavy lifting!
Elite Guidance
Experience personal reviews from top UK financial advisers. Trust the expertise of the best in the industry!
Swift & Smooth
Experience quick, hassle-free, and straightforward service. We make it easy for you every step of the way!
Exclusive Access
Gain access to exclusive products not found on the High Street. Your gateway to unique financial opportunities awaits!
Refer a Friend, Colleague or Family Member! (Get £100 Amazon Voucher)
Happy with our service? If satisfied, we’d appreciate you referring a friend. Once their mortgage application is complete, you will receive £100 Amazon Voucher as a way of thanking you for recommending us to them.
