First Time Buyer? We’ll help you get your mortgage sorted. We’re specialist mortgage advisors to make sure you don’t miss out on mortgage savings.

We’re rated Excellent on Google – We’ve got you covered


Author: Will Walton - Mortgage Advisor, Founder

Updated: February 23, 2023

 Here’s everything you need to know about getting a first-time buyer . Get in touch if there’s something specific you’d like to ask. you can get in touch by getting started or submitting a question to an expert mortgage advisor.

Understand your budget with a Decision in Principle

A decision in principle is also called an “agreement” or “mortgage” in principle. They all refer to the same thing which is an initial yes from a mortgage lender. This is here to give you an idea of what you can expect to borrow. This will help you can understand your budget for buying your first home. This is the best place to start as a first-time buyer.
A decision in principle will also allow you to see what mortgage rates you are eligible for. This helps you can understand your potential mortgage monthly repayments. This will help you understand your finances for any home you buy.
Many estate agents will ask to see a decision in principle if you would like to place an offer on a property. This acts as a way of showing the agent you can likely afford to purchase the property and that you are a serious buyer. Remember, you can use any mortgage advisor you like, even if they suggest otherwise.

Need a Decision in Principle?

We’re here to help get you started on your first-time buyer mortgage journey

Homebuying, simplified

A quick overview to help you understand the process of buying your first home.


Decision in Principle

A decision in principle is your starting point. This helps you understand your budget for buying your home.


Make an offer

Once you have your budget set, you can then make an offer once you find the right home.


Legal work

Once your offer is accepted we can submit your mortgage application and instruct your solicitors to begin the legal work.

How much deposit will I need?

This will depend on several things  such as:

  • Your credit history
  • Your income 
  • The property you are looking at buying 

We’re here to help you understand exactly how much deposit you can expect to need. This can help you budget with clarity for your first home. This can help understand how much you can keep back for furniture etc. 

Minimal Advice Fees

We believe in minimal advice fees to help you save on your mortgage. There may be a fee for arranging a mortgage however, the precise amount will depend upon your circumstances and this will not exceed £195. The fee may be waived subject to the terms of the fee waiver agreement and will be confirmed within the initial meeting.

Do I need solicitors to buy my first home?

You’ll need solicitors to help complete the legal work of the home-buying process. We are on hand to help to recommend solicitors that we have worked with and delivered to a high standard.

Do I need a survey?

A survey is a really good idea when buying your first home. Your home is likely to be one of the largest purchases in life. A survey allows you to understand what you are buying, in more detail. It’s easy to confuse the mortgage valuation for a survey. The mortgage valuation is only for the mortgage lender’s purposes. A survey, is specifically for you, the buyer. 

Rated Excellent by our clients:

MargaretGoogle Review
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Will has been amazing ! He has been there throughout my home buying processing going out of his way to help. He found me a great mortgage deal which met my requirements and he was there to answer all my mortgage and home buying questions.
JenniferGoogle Review
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An awesome service from beginning to end. Will is just amazing.He helped me through the process of re-mortgaging under complex circumstances every step of the way. He responded swiftly to every enquiry and gave me the confidence that everything was under control
HamidGoogle Review
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Continuously goes above and beyond to give the best service I have spoken to many mortgage advisors and Will by far is the most thorough, detailed, approachable and available individual that I have had the privilege of working with.
SamanthaGoogle Review
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Will was recommended to us by a friend and he's been an absolute star throughout the process of our remortgage. He was professional, very thorough and was really quick to get back to us. Plus, super patient when we had a lot of questions! Would absolutely recommend
WillGoogle Review
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We've been working with Will to secure a mortgage being self-employed/running a business (for two years trading) and he's been exceptionally helpful from start to finish explaining everything carefully and taking the time to answer all of our many questions.
MargaretGoogle Review
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Will is very professional along side offering an excellent service he helped us purchase our first home when most turned us away. He was always easy to reach and reassured us all the way through the process.He linked us to solicitors and offered lifetime support
KevinGoogle Review
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My partner and I used Will’s services when purchasing our first home. Will was extremely friendly and helpful and always open to any questions or queries we had. He was also quick to respond to any emails
StephanieGoogle Review
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Will goes above and beyond to help secure a mortgage. Have and would recommend him to any one that will listen. Such a lovely guy and no question is an inconvenience to him. Thanks Will!!
LeenaGoogle Review
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Could not have done this without Will, so supportive, information totally clear and transparent, have already recommended him to several friends.
EmmaGoogle Review
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The service from Will has been very professional. Will made the process very easy and efficient. The solicitors Will recommended were also very professional, efficient and easy to deal with. So glad to have received Will's contact details from a recommendation. I have never had a remortgage be so simple and quick



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