It's Free to Speak to an Advisor, 7 days, 8am - 10pm
It's Free to Speak to an Advisor, 7 days, 8am - 10pm
As a mortgage broker in Salford, we specialise in helping first time buyers navigate the process of securing their first home.
With access to a wide range of lenders, we can explore options suited to your financial situation, ensuring you have the best chance of success.
Whether you’re concerned about your credit history or unsure about the steps to take, we’ll guide you every step of the way.
For most first time buyers in Salford, a deposit of at least 5% is needed to get started.
For example, if you’re buying a property priced at £180,000, you’ll need a minimum of £9,000.
Larger deposits not only increase your borrowing options but could also secure you a more competitive mortgage deal.
The amount you can borrow in Salford depends on your financial circumstances, including income and outgoings.
Lenders typically offer loans based on 4 to 4.5 times your annual salary, although some may lend more in specific cases.
A mortgage advisor in Salford can help assess your affordability and guide you to lenders who suit your situation.
Getting your first mortgage in Salford starts with working out how much you can borrow and securing an agreement in principle.
Once you’ve found a property, your application goes through formal checks, including a valuation.
With the help from a mortgage broker in Salford help, the process can move quickly and smoothly.
Yes, there are schemes designed to make buying your first home in Salford easier.
Shared Ownership in Salford, for instance, lets you purchase a percentage of your home and pay rent on the rest.
Mortgage schemes can be a great way to buy with a smaller deposit.
You can boost your chances by maintaining a healthy credit score, keeping your debts low, and saving a sufficient deposit.
Stability is key, so avoid major financial changes during the application process.
Getting mortgage advice in Salford can help polish your application and increase your chances of approval.
The process can take around 4 to 8 weeks, depending on factors like lender processing times and legal checks.
Being well-prepared with all your documents can help speed things up.
With a mortgage broker in Salford helping you through the process, you’re less likely to encounter delays.
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
Book a no-obligation appointment with our friendly team to discuss your mortgage needs.
We’ll help you get started with personalised advice based on your circumstances.
We work with a vast selection of mortgage lenders, giving you access to thousands of products.
Whether you’re after a low deposit option or a fixed rate, we’ll help find the right match for you.
We’ll guide you through every step of your mortgage application, ensuring all paperwork is completed accurately.
Our team handles the communication with lenders so you can focus on your plans.
On completion day, you’ll finally receive the keys to your new home in Salford.
We’ll ensure you’re fully informed throughout the process, making this exciting step as seamless as possible.
Take advantage of our free mortgage appointment to explore your options.
Our approachable team is here to make the process simple and provide advice tailored to your needs.
We search a broad range of mortgage products, ensuring you find the one that fits your circumstances.
With so many options available, we’re confident we can help you secure the perfect deal.
We’re dedicated to making the home-buying journey as smooth as possible.
Our team will be with you every step of the way, providing guidance and answering your questions.
We know life doesn’t stop at weekends, so neither do we.
Our team is available every day to accommodate your schedule and keep the process moving at your pace.
Fixed rate mortgages provide consistent monthly payments, which can be ideal for first time buyers in Salford looking for financial certainty.
This stability makes budgeting easier as you settle into your new home.
A tracker mortgage follows the Bank of England’s base rate, meaning your interest rate can rise or fall over time.
This type of mortgage is suitable for buyers who want flexibility and are comfortable with potential changes in payments.
With discounted variable rate mortgages, you’ll benefit from a reduced interest rate for an initial period.
While payments can fluctuate, this can make owning a home in Salford more affordable in the early stages.
Variable rate mortgages have an interest rate that changes based on market conditions, offering flexibility to buyers.
For those in Salford who can handle fluctuating payments, this can be a practical option.
Shared Ownership schemes in Salford are a great way to get onto the property ladder with a smaller deposit.
Over time, you can increase your share in the property, working towards full ownership as your finances allow.
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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7 Days a Week, 8am – 10pm
