FIRST-TIME BUYER MORTGAGES

Helping You Buy Your First Home With Confidence

Buying your first home is one of life’s biggest milestones, but it doesn’t need to feel overwhelming. We’ll explain every step clearly, answer your questions and help you find a mortgage that’s right for your circumstances.

Based in Dorset, providing mortgage and protection advice to clients across the UK by telephone, video and face-to-face appointments.

Based in Dorset
Advising Clients UK-Wide
Telephone, Video & Face-to-Face

YOUR HOME BUYING JOURNEY

Supporting You Every Step Of The Way

From your first questions through to collecting the keys to your new home, we'll guide you through the mortgage process with clear advice and ongoing support.

01

Understand your budget

We'll discuss your income, deposit and future plans to understand what may be affordable.

02

Find the right mortgage

We'll search our comprehensive lender panel and recommend a mortgage that's suitable for your circumstances.

03

Guide your application

We'll explain the paperwork, help prepare your application and keep you informed throughout the process.

04

Celebrate your new home

We'll support you through to completion so you can focus on collecting the keys and enjoying your first home.

FIRST HOME JOURNEY

Your First Home Buying Journey

Buying your first home does not have to feel overwhelming. Breaking the process into clear stages helps you understand what happens next and when you may need to make decisions.

01

Save Your Deposit

Understand how much deposit you may need and start planning your budget.

02

Mortgage Review

We’ll discuss your circumstances and explain your mortgage options.

03

Agreement in Principle

This may help show estate agents and sellers that you are in a position to proceed.

04

Start Viewing Homes

Begin looking for properties that fit your budget, needs and plans.

05

Offer Accepted

Once your offer is accepted, the mortgage application process can begin.

06

Mortgage Application

We’ll help prepare and submit your application to the lender.

07

Mortgage Offer

If your application is successful, the lender will issue a formal mortgage offer.

08

Exchange of Contracts

Your solicitor completes the legal work and contracts are exchanged.

09

Collect Your Keys

Completion day arrives and you collect the keys to your first home.

Every journey is different

Some purchases move more quickly than others, but we’ll guide you through each stage, explain what is happening and keep you updated throughout the process.

FIRST-TIME BUYER COSTS

Costs To Budget For

When buying your first home, it is important to understand the wider costs involved. Planning ahead can help you set a realistic budget before you start viewing properties.

£

Deposit

Your deposit is usually the biggest upfront cost and can influence the range of mortgages available.

Typical examples: deposit amount, reservation fee where applicable

Solicitor / Conveyancing

A solicitor or licensed conveyancer will carry out the legal work involved in buying your home.

Typical examples: conveyancing, searches, Land Registry fees

Survey

Depending on the property, you may choose to arrange a survey for additional peace of mind.

Typical examples: HomeBuyer Survey, Building Survey

Mortgage Fees

Some mortgages include arrangement fees or other costs. We’ll explain these clearly when discussing your options.

Typical examples: arrangement fee, valuation fee where applicable

Moving Costs

Remember to budget for removal companies, packing materials and other moving-day expenses.

Typical examples: removals, storage, packing materials

Furnishing Your Home

Many first-time buyers also need to budget for furniture, appliances or decorating after moving in.

Typical examples: furniture, appliances, decorating

Planning ahead makes budgeting easier

Understanding the likely costs before you start looking at properties can help you set realistic expectations and reduce surprises later in the process.

First-time buyer couple meeting with a mortgage adviser to review mortgage documents.

FIRST-TIME BUYER CHECKLIST

Getting Your Documents Ready

Having your documents ready before your application begins can help keep your mortgage moving smoothly. We’ll explain exactly what your chosen lender is likely to require and help you prepare everything in advance.

01

Proof of Identity

Documents such as a passport or driving licence may be needed to verify who you are.

02

Proof of Address

Lenders may request evidence of your current address, such as a recent utility bill or bank statement.

03

Income Evidence

This may include payslips, employment details or other income documents depending on your circumstances.

04

Bank Statements

Bank statements can help evidence income, regular spending and financial commitments.

05

Deposit Evidence

Lenders may ask to see where your deposit has come from before approving an application.

06

Gifted Deposit

If your deposit is being gifted, a lender may ask for confirmation from the person providing the gift.

07

Existing Credit Commitments

Information about loans, credit cards or other commitments may be needed as part of the affordability assessment.

We’ll explain exactly what’s needed

Every lender’s requirements can vary slightly, but we’ll guide you through the process and let you know exactly what documentation is likely to be required before your application is submitted.

First-time buyer couple meeting with a mortgage adviser to discuss buying their first home.

WHY CHOOSE CONRAD FINANCIAL SERVICES

Why First-Time Buyers Choose Conrad Financial Services

Buying your first home is a major milestone. Our aim is to make the mortgage process clear, supportive and as stress-free as possible from the very first conversation.

01

We Explain Everything Clearly

No jargon, just straightforward guidance so you understand what is happening and why.

02

Support From Start To Finish

We’ll guide you from your first enquiry through to completion day.

03

Access To A Wide Range Of Lenders

We’ll help identify mortgage options that may be suitable for your circumstances.

04

Friendly, Approachable Advice

Ask as many questions as you need. We’re here to help you feel confident.

05

Help Beyond The Mortgage Offer

We’ll keep you informed as your purchase progresses towards completion.

06

Personal Service

You’ll deal with a real adviser who gets to know your circumstances.

Your first home is a big milestone

We’ll guide you through every stage, explain what happens next and make sure you feel confident before making important decisions.

CLIENT FEEDBACK

★★★★★

Clear, Personal Advice From Start To Finish

“As first-time buyers we had no idea where to start, but Conrad Financial Services made the whole process so much easier. Everything was explained clearly, from our Agreement in Principle through to receiving our mortgage offer, and we always felt supported. Every question was answered quickly and we never felt pressured. We wouldn’t hesitate to recommend Conrad Financial Services to anyone looking for friendly, professional first-time buyer mortgage advice.”

Sarah & James
First-Time Buyer Clients

FIRST-TIME BUYER QUESTIONS

Answers To The First-Time Buyer Mortgage Questions We’re Asked Most Often

Buying your first home naturally comes with lots of questions. Below are answers to some of the questions we’re most commonly asked by first-time buyers. If you’d like advice tailored to your own circumstances, we’re always happy to help.

Ask Us About First-Time Buyer Mortgages

Buying your first home can feel overwhelming, but we’re here to guide you through every step. Whether you’re saving your deposit, applying for an Agreement in Principle or getting ready to complete, we’ll help explain everything clearly.

Need clarity?

Need Help With Your Mortgage?

Not sure which mortgage option is right for you? Book an initial conversation and we’ll help you understand the next steps.

How much deposit do I need as a first-time buyer?
Most lenders require a deposit, although the amount can vary depending on the lender, the mortgage product and your individual circumstances. A larger deposit may provide access to a wider range of mortgage options.
What is an Agreement in Principle?
An Agreement in Principle, sometimes called a Decision in Principle, is an indication from a lender of how much they may be prepared to lend, subject to a full mortgage application and their lending criteria.
Can I buy my first home with a gifted deposit?
Yes. Many lenders will accept gifted deposits from close family members, although they’ll usually require evidence confirming the money is a genuine gift and does not need to be repaid.
Will applying for a mortgage affect my credit score?
Some lenders carry out a soft credit search for an Agreement in Principle, while others may carry out a hard search. We’ll explain what to expect before any application is submitted.
What documents will I need?
This may include proof of identity, proof of address, bank statements, evidence of income and information about your deposit. The exact requirements can vary depending on the lender.
How long does the mortgage process usually take?
Timescales vary depending on the lender, solicitor and property transaction. We’ll keep you updated throughout the process and explain what happens at each stage.
How much could I borrow?
The amount you may be able to borrow depends on factors such as your income, outgoings, credit history and the lender’s affordability assessment. We’ll help you understand your options based on your individual circumstances.
Can I buy my first home if I’m self-employed?
Yes. Self-employed first-time buyers can get mortgages, although lenders may assess income differently and request additional evidence. You may also find our Self-Employed Mortgages page useful.
Do you only help first-time buyers in Dorset?
No. Although we’re based in Dorset, we provide mortgage and protection advice to first-time buyers across the UK.

LET'S START THE CONVERSATION

Ready To Discuss Your Mortgage?

Whether you’re buying your first home, moving house, remortgaging or looking for specialist mortgage advice, send us a few details and we’ll get back to you.

  • Comprehensive lender panel mortgage advice
  • Telephone, video and face-to-face appointments
  • Dorset based, supporting clients across the UK
  • Usually respond within one working day

READY TO TAKE THE NEXT STEP?

Let’s Talk About Your Mortgage & Protection Plans.

Whether you’re buying your first home, moving house, remortgaging, self-employed, a company director or looking to protect your family, we’re here to help you make confident decisions.

Comprehensive Lender Panel

Dorset Based, UK-Wide Advice

hello@conradfs.co.uk