In the last year, first time home buyers came to the market in unprecedented numbers to find out more about the accessibility of mortgages. Because of the historically low-interest rates and the relatively higher approval rates, many wishful home buyers are in a position to move one step forward on the property ladder.

And things do not seem to slow down this year, with the announced tax relief for first-time buyers announced in Scotland for later in the year.

But, if you are a first-time buyer, will you opt for a variable or a fixed mortgage? And would you think an interest-only mortgage is right for you? With many more “technical” questions like that, most first time home buyers facing the complexity of the financial products market feel they need to speak to a professional advisor to guide them through the maze of existing financial products.

And beyond the simple choice of products, understanding current regulations, affordability calculations and the varying lender criteria of each and every lender are adding to the complexity of making the right decision as a first time buyer.

So no wonder that the number of first time buyers asking for advice from mortgage advisors has steadily increased in the last 5 years to reach 77% in the last quarter of 2017. (source)

At The Mortgage Hub, we have helped countless first time home buyers achieve that all important first step in owning property, and have a wealth of experience on the local market. What is more, we not only advise our clients on the right financial product but also offer support on finding the right property and negotiate its price.

We work hard on behalf of each of our clients to achieve their property dreams and that can be seen in the feedback we receive.

“Can’t thank everyone at the mortgage hub enough for everything they done for my partner & I. Extremely helpful & patient & made the whole process so simple! Would 100% recommend them.” – Emma

Find out more reviews people have left us here.

The Mortgage Hub is an independent mortgage advisor serving the greater Glasgow area. Whether you are planning to buy your very first home and need the right first time buyer mortgage, or are looking to re-mortgage due to a house move or to growing family – we understand your journey is so much more than a financial process, it’s a journey to achieve your dreams, improve your lifestyle and achieve your true potential.