First time buyer mortgages

Buying a house is tricky enough; even as an experienced buyer there is plenty to know, and plenty to trip you up. As a first time buyer it can be really complicated.

The trouble is that there is so much conflicting advice, not only online but from other sources too, well meaning friends, parents or the guy down the pub.

Mortgages are no longer as simple as they used to be. Gone are the days where you can just multiply your income by 4 to reach your borrowing amount. Lenders criteria now takes into account lots of differing factors and they look at a range of scenarios. 

Lenders don’t work on multiples now, for example, so when you’re trying to work out how much you can borrow it’s not as simple as multiplying your salary by 4 ½ like you might have done before.

We offer a first time buyer advice service where we guide you through everything you will need to know when trying to buy your first home. This will include:

Deposits – how much you need and where it can come from

Affordability – how much you can borrow

Costs – solicitors, surveys, searches, fees

Time scales – how long will it all take and when should you do things

Protecting your mortgage – what if the worst happens

How to prove to an estate agent that you can afford the house you offer on

We can obtain an agreement in principle on your behalf too, this is where we submit a partial mortgage application for you which allows a lender to tell us whether they are likely to lend you the money, this will increase the strength of any offer you make.

This service is free of charge although if you subsequently ask us to submit a full mortgage application for you then we may charge a fee on receipt of the mortgage offer. We explain all fees in our very first conversation with you and confirm everything in writing.

Give us a call

Call us 01480 393393


Book a call


Call Us - 01480 393393

Visit Us - 9a Sheep Market, St Ives, PE27 5AH


The Complete Mortgage Company Ltd © 2023

The Complete Mortgage Company Ltd is an appointed representative of HL Partnership Limited which is authorised and regulated by the Financial Conduct Authority. The Complete Mortgage Company Ltd is a company registered in England and Wales with company number 6949982. The registered office address is 9a Sheep Market, St Ives, PE27 5AH. The information contained within this website is subject to the UK regulatory regime and is therefore targeted at consumers based in the UK.


There may be a fee for mortgage advice. The precise amount of the fee will depend upon your circumstances but will range from £295 to £495 and this will be discussed and agreed with you at the earliest opportunity.