It's Free to Speak to an Advisor, 7 days, 8am - 10pm
It's Free to Speak to an Advisor, 7 days, 8am - 10pm
If you’re a first time buyer in Bury, we’re here to make the mortgage process simple and straightforward.
As a mortgage broker in Bury, we’ll take the time to understand your situation and match you with the right lender.
With our support, you can feel confident about taking the next step towards homeownership.
When getting a first time buyer mortgage in Bury, the minimum deposit you’ll need is usually 5% of the purchase price.
For example, a home costing £140,000 would require at least £7,000 upfront.
Having a larger deposit can improve your options and may lead to lower monthly repayments, so it’s worth saving as much as possible.
Your borrowing potential depends on factors such as your income, financial commitments, and credit history.
Most lenders calculate this by using a multiplier of 4 to 4.5 times your annual salary.
If you’re unsure about your borrowing capacity, we can help you find out and explore lenders that suit your circumstances.
The process starts by assessing your affordability and obtaining a mortgage in principle.
Once you’ve found a property, the application moves to formal checks like property valuations and lender approval.
With our help, each step will be handled efficiently, giving you peace of mind throughout the journey.
Yes, first time buyers in Bury can benefit from options like Shared Ownership, which allows you to purchase a percentage of a property and pay rent on the rest.
These schemes are ideal for those looking to minimise upfront costs while stepping onto the property ladder.
For more information about these schemes, make sure to get in touch with our team and get the mortgage advice in Bury that you need.
To boost your chances of approval, focus on building a good credit score and reducing any outstanding debts.
It’s also helpful to have a clear idea of your budget and save a sufficient deposit.
Our mortgage advisors in Bury are here to ensure your application is as strong as possible.
The typical timeframe is 4 to 8 weeks, depending on factors like lender processing times and legal checks.
By preparing all necessary documents in advance, you can help speed up the process.
With our guidance, you’ll avoid unnecessary delays and stay on track.
Our Customers Love Us
4.96 Rating458 Reviews
Anonymous
Very straightforward and clear, they made everything so simple for my first mortgage and the renewal was even easier.
1 month ago
Gary
This team is fantastic! They handle everything, making the whole process incredibly easy and hassle-free. I highly recommend them!
1 month ago
Michelle
I would high recommend this service they were amazing, and very professional. They were helpful throughout the whole process.
1 month ago
Michelle
Amazing service, extremely helpful and professional. Would highly recommend. Very happy with the service
2 months ago
Mrs Vanessa
Brillant. Helped us with non-standard employment conditions and were very efficient at getting everything sorted. Also very easy to get hold of. We always use a paid broker, their fee is very reasonable for the efficiency and personal service you...
2 months ago
Matthew
Can not speak highly enough of the people I have spoken to and the service I have received from the team. Charlie and Debbie are a credit. None patronising, easy to speak to, welcoming and very helpful. Will continue to recommend to friends.
2 months ago
Ruth
Excellent experience with Matt and Stacey from UK moneyman. As first time buyers they made this experience easy and stress free. I'd really recommend using UK moneyman! 10/10!
2 months ago
Christopher
Brilliant service. Knowledgeable & very professional.
2 months ago
Mrs Claire
Very helpful got us a mortgage a lot sooner than we expected. Very happy
3 months ago
john
Louise was absolutely outstanding !!! We had a few issues with the property we were purchasing and Louise was so helpful in getting us the answers we required from the lender within a timely manner. I spoke with Louise regularly and she was...
3 months ago
Jiri
Leo from Manchester Moneyman was very helpful and efficient in securing us a mortgage on much better terms than our bank could offer. Thank you!
5 months ago
Olusola
The process has been stress free from the start to the end. The team has been helpful. I will definitely recommend Manchester Moneyman to people.
5 months ago
John
We've used UK Moneyman for two house purchases and remortgaging our current home. The team are unfailingly professional and lovely to work with. I'd recommend them to anyone in need of an excellent mortgage broker.
6 months ago
Alanya-Lee
As first time buyers, we needed all the support and guidance we could get. Tom was fabulous, honest and genuinely had our best interest at heart. He answered all of my silly questions and was always a phone call away.
6 months ago
Chiara
Worked with Malcolm and Debbie! Couldn’t recommend them enough. Thankyou for all your help!
6 months ago
Marco
Leo went above and beyond to provide all the information and assistance I needed to secure my dream property. Very friendly and professional. Highly recommended!
7 months ago
Stephanie
Originally took mortgage out 5 years ago and have just re-mortgaged with them. As this was a product transfer and I was a returning customer this was a no charge for this service. Can’t ask for better than that. All paperwork done by them and I...
7 months ago
Chris
Amazing service from start to finish!
7 months ago
Paul
Malcolm was very helpful and efficient.. definitely would recommend their services.
7 months ago
Amy
The whole team was super friendly and helpful, spent a lot of time navigating my challenging circumstances, and got me a better rate than I ever expected.
7 months ago
Kickstart your home-buying journey in Bury with a free mortgage appointment.
During this session, we’ll review your financial details and recommend the best mortgage options for your needs.
We search through thousands of mortgage products from a wide range of lenders.
This ensures you have access to options tailored to your financial situation and future goals.
Once you’ve selected a mortgage, we’ll handle the entire application on your behalf.
From completing the forms to communicating with lenders, we’ll make the process as smooth as possible.
Completion is when you officially take ownership of your new home in Bury.
We’ll stay by your side until the very end, ensuring everything is in place for this exciting milestone.
Our free mortgage appointments are designed to provide you with clarity and confidence.
We’ll take the time to understand your circumstances and guide you towards the best mortgage solution.
We work with a wide network of lenders to bring you access to thousands of mortgage products.
Whether you’re looking for low deposit options or fixed-rate deals, we’ll find the one that fits your needs.
Our team is dedicated to making the mortgage process stress-free and straightforward.
From the moment you contact us to the day you get your keys, we’ll handle the details so you can focus on your new home.
We know life doesn’t follow a strict schedule, so we’re available seven days a week to assist you.
Whether it’s an evening query or a weekend appointment, we’re here when you need us.
Fixed rate mortgages are ideal for first time buyers in Bury who want consistent monthly payments.
This stability makes it easier to plan your budget without worrying about fluctuating interest rates.
Tracker mortgages move in line with the Bank of England’s base rate, meaning your repayments can rise or fall over time.
This option suits buyers who prefer flexibility and are prepared for potential changes in their payments.
Discounted variable rate mortgages provide an initial interest rate lower than the lender’s standard rate, making early repayments more affordable.
While payments may vary, this can be a good option for buyers seeking reduced costs upfront.
Variable rate mortgages have an interest rate that can change according to market conditions.
They offer flexibility and can be a good fit for buyers in Bury who are comfortable with fluctuations in their monthly payments.
Although the Help to Buy equity loan is no longer available, alternatives like Shared Ownership are still open to first time buyers in Bury.
Mortgage schemes are great for buyers looking to get on the property ladder with a smaller deposit.
Read our 458 Reviews
Manchestermoneyman.com & Manchestermoneyman are trading styles of UK Moneyman Limited, which is authorised and regulated by the Financial Conduct Authority.
UK Moneyman Limited is Registered in England, No. 6789312 | Registered Address: 10 Consort Court, Manchester, HU9 1PU.
Authorised and Regulated by the Financial Conduct Authority.
We are entered on the Financial Services Register No. 627742 at www.register.fca.org.uk
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Manchestermoneyman.com & Manchestermoneyman are trading styles of UK Moneyman Limited, which is authorised and regulated by the Financial Conduct Authority.
UK Moneyman Limited is Registered in England, No. 6789312 | Registered Address: 10 Consort Court, Manchester, HU9 1PU.
Authorised and Regulated by the Financial Conduct Authority.
We are entered on the Financial Services Register No. 627742 at www.register.fca.org.uk
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