Glossary - Understanding Industry Terms
What is a first-time buyers mortgage?
As the name would suggest, a first-time buyers mortgage is a mortgage that is specially designed for those who are new to the housing market. An individual is typically categorised as a first-time buyer when they are purchasing their primary residence for the first time and have no previous ownership of a freehold or leasehold property, either within the UK or internationally.
What questions do our Exeter mortgage advice team often get asked about first-time buyers mortgages?
These are just a few questions that our Exeter team get asked about when it comes to first-time buyers mortgages:
How much mortgage can a first-time buyer get?
How much deposit do I need for a first-time buyers mortgage?
Can I be a first-time buyer again?
How difficult is it to get this type of mortgage?
If you have any more questions about this topic, please don't hesitate to get in touch with our mortgage advice team. We are based in Exeter but can set up a video call should you not be able to meet us in our offices.
Our mortgage advice team are here to help ease your mind about the world of mortgages
Whether you're a first-time buyer, or buying your second or third property, our Exeter team are here to help you. We have over 25 years of experience in the industry and are trusted by thousands of customers across Devon.
Our mortgage advice team have helped customers across Devon in areas such as Southernhay, Ottery St Mary, Exeter, Exmouth, Newton Abbot, Tiverton, Sidmouth, Crediton, Cranbrook and Cullompton to name but a few.
About Beerstone
Beerstone Financial Services was established in 1996 by Chris Beer, our Founding Director, who still plays a key role in the company and ensures we maintain the best service.
Beerstone Financial Services was established in 1996 by Chris Beer, our Director, who still oversees the company and ensures we maintain the best service.
In total we have over 30 years of experience in financial services working in a range of environments so you can be sure that your situation is in experienced hands.
Speak to our team
Visit our offices: 2 Southernhay West, Exeter, EX1 1JG
Beerstone Financial Services Ltd (542704) is an Appointed Representative of BrokerSync Ltd, which is authorised and regulated by the Financial Conduct Authority (1031981).
There may be a fee for Mortgage Advice. The precise amount will depend upon your circumstances and will be agreed upon following your initial meeting.
Investments, Pensions, Wills, Trusts, PMI and Estate Planning will be referred to our authorised third-party providers. Beerstone Financial Services Ltd and BrokerSync Ltd are not responsible for any advice received from the third-party providers.
Investments, Pensions, Wills, Trusts, PMI and Estate Planning will be referred to our authorised third-party providers. ABC Ltd and BrokerSync Ltd are not responsible for any advice received from the third-party providers.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
Conveyancing, Wills, and some forms of Buy-to-let Mortgages and Commercial Mortgages are not regulated by the Financial Conduct Authority.
Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on a mortgage or other debt secured against it.'