Search
Close this search box.

First-Time Buyers

First-Time Buyers

First-time homebuyers typically have distinct requirements in their search for the right mortgage. Thankfully, there’s a variety of mortgage options designed especially for this niche.

The first foray into home buying is as exciting as it is complex, especially when it comes to choosing among mortgages, rates, and lenders. We’re at your service to guide you through these options and find the one that seamlessly matches your requirements.

First-Time Buyers

Our First-Time Buyer Expertise

Help-to-Buy

The government's Help-to-Buy scheme is a beacon of hope for prospective homeowners. It is designed to lower the barrier to owning a home, offering an equity loan that can be used towards purchasing a new-build property.

Gifted Deposits

Gifted deposits – often provided by family members as an early inheritance or as a generous contribution – can make a substantial difference in affording a property.

Property Restrictions

First-time buyers can typically purchase any type of property, but some government assistance programs may have restrictions on the type of properties eligible. Haven's advisors can provide details relevant to your chosen scheme.

Top Tips for First-Time Buyers

Budget Accurately

Keep a realistic lens on your financial capacity when house hunting. Ensure your mortgage payments are manageable, and reserve funds for home essentials and potential renovations. Don’t overlook the necessary closing costs, including conveyancing and stamp duty.

Ask for a Second Opinion

Navigating your first home purchase can be tricky with many intricacies to consider. Having an experienced homebuyer join you for viewings can be invaluable. If that’s not feasible, aim to obtain experienced guidance by the time you revisit the property.

Scope Out the Local Area

Bear in mind that homes in good school districts often hold their value better, a factor worth considering for future resale, and typically reflected in the home’s price. Make a list of amenities you need within reach and take a personal tour of the area to see if it feels like home.

Check Connectivity

Should you rely heavily on internet usage, it’s wise to inquire about the local broadband speeds. The selling agent is typically equipped to provide these details.

Shape Your Financial Future

Contact us now to unlock tailored financial strategies and insights that will propel you towards financial freedom.

Case Studies

Latest News

Understanding mortgages is the first step in conducting a thorough review. A mortgage is a loan used to purchase property, typically a home. Here...

Retiring at 60 is a dream for many, but it requires careful planning and disciplined saving. Early retirement offers the freedom to enjoy life...

Rethinking Financial Allocation Across Life’s Stages Financial allocation is a cornerstone of effective financial management, crucial for achieving both short-term needs and long-term goals....

"*" indicates required fields

This field is for validation purposes and should be left unchanged.