Buying your first home is an exciting milestone, but the mortgage process can feel overwhelming. With so many options, lender requirements, and affordability checks, it’s important to get the right support to make informed decisions. That’s where our first-time buyer mortgage advisors in Liverpool can help.
At CRC Mortgages, we specialise in first-time buyer mortgages in Liverpool, guiding you through every stage of securing your first mortgage. Whether you need help understanding deposit requirements, affordability checks, or government schemes, our team is here to provide clear and practical advice.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE
Guiding You Every Step of the Way
With years of experience helping first-time buyers in Liverpool, our team is dedicated to making your home-buying journey as straightforward as possible. We use our knowledge and expertise to provide reliable first time mortgage advice in Liverpool, ensuring you feel confident at every stage of the process.
Our mortgage advisors are available to answer your questions, explain your options, and guide you through the mortgage application. Whether you’re unsure about deposits, affordability, or lender requirements, we’re here to support you from start to finish. Let us help you take the first step towards owning your first home!
How Does a First-Time Buyer Mortgage Work?
A first-time buyer mortgage is designed for those purchasing their first home. Most lenders require:
A minimum deposit of 5%, although larger deposits may secure lower interest rates.
Proof of income and affordability, assessed through payslips or self-employed accounts.
A credit check to review financial history and lending eligibility.
An Agreement in Principle (AIP) to indicate how much you can borrow.
Our first-time buyer mortgage advisors in Liverpool will help assess your borrowing capacity, compare mortgage products from different lenders, and explain any government incentives that may be available to you.
Help for First-Time Buyers – What Are Your Options?
If you’re looking for a first mortgage in Liverpool, there are several options to consider:
Fixed-Rate Mortgages – Your interest rate stays the same for a set period, making budgeting easier.
Tracker Mortgages – Your repayments follow the Bank of England base rate, meaning they can go up or down.
Guarantor Mortgages – A family member can help secure your mortgage by acting as a guarantor.
Understanding the differences between these mortgage types is crucial, and our Liverpool mortgage advisors can explain which options suit your financial situation.
Why Choose CRC Mortgages for Your First Mortgage in Liverpool?
At CRC Mortgages, we understand that buying your first home can be daunting. Our goal is to simplify the process and provide the guidance you need to make informed choices. With access to a wide range of lenders, we can help you explore mortgage options beyond what high street banks offer.
We take pride in our customer reviews on Facebook, Trustpilot, and Google, where first-time buyers consistently praise our clear advice, patience, and professional support. Many clients highlight how our team has helped them navigate the mortgage process, answering their questions and ensuring they feel confident every step of the way.
Our Liverpool first-time buyer mortgage advisors will work with you to:
Assess how much you can borrow and what deposit you need.
Compare mortgage products from different lenders.
Explain the mortgage application process in plain, easy-to-understand language.
Handle paperwork and liaise with lenders on your behalf.
Keep you updated throughout, ensuring there are no surprises along the way.
With our strong reputation for customer service and mortgage advice, you can trust us to provide the support you need when securing your first mortgage in Liverpool.
If you would like to speak with an adviser,
please contact us below.
A first-time buyer mortgage is a type of mortgage designed for people purchasing their first home. These mortgages often have lower deposit requirements, typically starting from 5%, and may offer access to government schemes like Shared Ownership.
Lenders assess your income, credit history, and affordability to determine how much you can borrow. Our first-time buyer mortgage advisors can guide you through the process, helping you find a mortgage suited to your financial situation and homeownership goals.
To get a first-time buyer mortgage, start by saving for a deposit—most lenders require at least 5% of the property’s value. Next, check your credit score and improve it if needed. Speak to our first time mortgage brokers in Liverpool, who can assess your income, affordability, and mortgage options.
We will help you obtain an Agreement in Principle (AIP), which shows how much you can borrow. Once you find a property, your broker will guide you through the full mortgage application, working with lenders and solicitors until completion. Our first-time buyer mortgage advisors can support you throughout the entire process.
what to ask our mortgage advisors if you’re a first-time buyer
If you’re a first-time home buyer in the UK, asking the right questions when speaking to a mortgage broker can help you understand the process and secure the right mortgage for your needs. Here are some key questions to ask:
- How much can I borrow as a first-time buyer?
- What deposit do I need, and are there any government schemes available?
- What type of mortgage is best for me—fixed, tracker, or variable?
- What are the total costs involved, including fees and charges?
- How does the mortgage application process work, and how long does it take?
- Will I need a guarantor or additional income proof?
- What factors could affect my mortgage approval?
- Can you help me improve my chances of securing a mortgage?
- What happens if interest rates rise—how will it affect my payments?
- Do you provide support throughout the entire mortgage process?
Our first-time buyer mortgage advisors can answer these questions and guide you through every step of securing your first mortgage.
Yes, a first-time buyer can get a buy-to-let mortgage, but it can be more challenging. Many lenders prefer applicants to already own a residential property, as buy-to-let mortgages require a larger deposit (usually 25%) and proof that the expected rental income covers the mortgage payments. Some lenders offer first-time buyer buy-to-let mortgages, but criteria may be stricter, and interest rates may be higher.
The amount a first-time buyer can borrow depends on factors such as income, credit score, deposit, and existing financial commitments. Most lenders offer between 4 to 4.5 times your annual income, though some may go higher for applicants with strong financial profiles. If buying with a partner, both incomes are considered. The amount you can borrow will depend on your personal circumstances and may be lower. This will be confirm din your appointment by your Broker. A larger deposit (typically 5-10%) may also improve borrowing potential.
Our first-time buyer mortgage advisors can assess your affordability and help you find a suitable mortgage based on your financial situation.
A first-time buyer mortgage application typically takes between 2 to 4 weeks from submission to approval, though this can vary depending on the lender and individual circumstances.
Get Started on Your First Home Purchase Today
If you’re ready to take the first step towards homeownership, our first-time buyer mortgage advisors in Liverpool are here to help. Contact us today for a free consultation and let us guide you through the mortgage process with confidence.
Phone: 0151 257 5330
Email: info@crcmortgages.co.uk
Your home may be repossessed if you do not keep up repayments on your mortgage.