First Time Buyer


Buying your first home is both an exciting and daunting experience. At Key Mortgages we will help first time buyers take their first step on the housing ladder by providing you with a dedicated mortgage adviser who will guide you through every step of the journey. Our advisors help you calculate how much you can borrow, how much it will cost and walk you through the purchase process to completion. We even fill in all the paperwork to help ensure you have the best chance of being accepted.

Key Mortgages first time buyer mortgage service is flexible, which gives you the power to choose how and when you deal with us. From Email to phone or sitting in our local Nottingham office, we are here to help and make the process as stress free as possible for you.

How much can I borrow?

We will help you calculate exactly how much you can afford to borrow for your first home and ensure you can really afford it.

What type of mortgage should I choose?

Fixed or variable, repayment or interest-only, we will explain the different types of mortgages available to you and help identify what suits you the best.

How much does buying a house cost?

Key Mortgages will run you through the costs of purchasing your first property so you won’t be hit by any hidden fees.

Questions & Answers

What paperwork will you need to get together?

For a first time buyer mortgage you will typically need to provide proof of income, 3 months of bank statements, Your latest P60 tax form, proof of deposit and an SA302 tax form if you are self employed.

How long a mortgage should you get?

Different factors will help you decide the length of your mortgage. This could be your age at the end of the term, most lenders will not allow you to go into your retirement period.

Can I get a mortgage with a 5% deposit?

Yes, this is the minimum needed to get a first time buyer’s mortgage. However a bigger deposit will benefit your interest rates and monthly repayments.