First-Time Buyer Mortgage Advice in Manchester

Appointments Available on Evenings and Weekends

0161 7133 215 Book Online
Reviews io White Logo

Read our 397 Reviews

Reviews IO Stars

We’ll be With you Every Step of the way!

The home buying process can be exciting, however, as a first time buyer in Manchester, this unfamiliar experience can be daunting. Here at Manchestermoneyman, this is something we understand. This is why we have a fantastic mortgage advice team who strive in providing a supportive and stress-free service.


Through our experience as a mortgage broker in Manchester, we have a brilliant reputation helping many first time buyers fulfil their mortgage dreams. We have a team of skilled mortgage advisors and administrators in Manchester who are dedicated to working with you patiently and efficiently, striving to achieve the best possible results.



Our aim is to make the process of transitioning into a first-time homeowner as smooth and hassle-free as possible, so that you can achieve your goals without unnecessary stress. Our team is dedicated to providing comprehensive support throughout the journey, and we’re always available to address any questions or concerns that may arise along the way. You can count on us to guide you through every step of the process and help you achieve your dream of owning your first home.


Can I get a First Time Buyer Mortgage in Manchester?

In the case that you are unsure of your eligibility and are looking to take out a mortgage to purchase your first home, get in touch with one of our mortgage advisors in Manchester.


In the mortgage application process, the lender will look at your affordability. Factors such as your annual salary and additional income you have will play a part as well as outgoings and credit history. All of these are taken into account when it comes to the amount you can borrow for a mortgage. Lenders carry this out to build up a financial background of you and establish whether you will manage your finances responsibly.


The amount of deposit you have will further affect on the mortgages available to you.



As part of our tailored service we offer as a mortgage broker in Manchester, our expert team will search through 1000’s of deals to find you the one that is appropriate for your circumstances.


Utilising our extensive experience and vast knowledge, we will recommend the most appropriate mortgage for you.


The process can sometimes come with its mortgage hurdles. Our mortgage advice team will work hard in helping you overcome these.


It’s always best to get a Mortgage Agreement in Principle to hand ahead of time, as this is a very handy tool when you are ready to make an offer. Here at Manchestermoneyman, we can usually sort this out for you within 24 hours of attending your free mortgage appointment.


Are there any schemes to help First Time Buyers in Manchester?

Presently, the government has implemented several initiatives to assist individuals in becoming First Time Buyers and owning property. These initiatives comprise of Help to Buy schemes, Lifetime ISAs, and the Right to Buy Scheme. For additional details on these initiatives, kindly visit the guides section on our website.


Our Mortgage Advisors possess knowledge about all the latest government initiatives and will be able to provide you with answers to any inquiries you may have concerning them.


Open & Honest Mortgage Advice in Manchester

At Manchestermoneyman, we take into account various mortgage scenarios and strive to overcome any obstacles so that you can obtain the most suitable and advantageous mortgage deal for your specific circumstances.


Moreover, we provide a free initial mortgage consultation option for all our clients. Contact us today to talk about your mortgage possibilities with one of our quick and amicable mortgage advisors in Manchester.


How does it work?Get a quote nowMeet your Mortgage Advisor

We search 1000s of mortgage deals across a large number of lenders, including:

Mortgage Lenders 001
Mortgage Lenders 002
Mortgage Lenders 004
Mortgage Lenders 006

Mortgage Advice in Manchester for First Time Buyers

Throughout our many years of service, our team at Manchestermoneyman has had the privilege of helping many First Time Buyers achieve their dream of becoming homeowners. Our extensive experience in providing open and honest mortgage advice in Manchester and surrounding areas has been invaluable in guiding our clients through the complexities of the mortgage process and helping them find the best mortgage deals to suit their specific circumstances.


As a reputable mortgage broker in Manchester, we take pride in our expertise in assisting First Time Buyers and regularly face various scenarios when interacting with them. We have gathered a list of popular First Time Buyer scenarios to help us better understand their needs and requirements.


How much can I borrow?

It is understandable that many first-time buyers want to know the maximum amount they can borrow for a mortgage, as it can give them a better idea of their budget and the properties they can afford.


While a mortgage calculator can provide a rough estimate of how much you could borrow based on your financial situation, it is important to keep in mind that this may not be an accurate reflection of your personal situation. The amount you can actually borrow may depend on a range of factors, including your credit score, income, and expenses, as well as the specific lender’s criteria and the type of mortgage you’re applying for.


Therefore, it’s always a good idea to speak with a qualified Mortgage Advisor in Manchester to get a better understanding of how much you can borrow based on your personal situation. They can assess your individual circumstances and provide you with a more accurate estimate of how much you can borrow, as well as help you to find the best mortgage deal for your needs.


Ready to Make an Offer

One of the advantages of utilizing our services as a Mortgage Broker in Manchester is that our team of mortgage advisors will provide you with ongoing support and guidance throughout the entire process, which can be highly beneficial.


Here at Manchestermoneyman, our expert team can help you obtain your mortgage agreement in principle on your behalf. Generally, we can get this sorted for you within 24 hours of your initial appointment. Keep in mind, that having an agreement in principle doesn’t automatically guarantee you a mortgage. It does, however, show the seller that you are ready and can proceed.


In summary, by using our services for Mortgage Advice in Manchester, you can benefit from our team’s expertise and guidance, which includes helping you obtain an AIP that can put you in a stronger position when making an offer on a property as a first-time buyer.


You Have Had an Offer Accepted

Prior to starting to make offers, we do strongly recommend getting in touch with an expert mortgage advisor in Manchester initially. When you get an offer accepted on the home, we can proceed with your mortgage application.


With the assistance of a mortgage advisor in Manchester, you will be able to find out if you are eligible for a mortgage, and get your AIP sorted so that you, the homebuyer, can back up any offers you put down.


Need an Agreement in Principle (AIP)

As mentioned previously, making an offer with an agreement in principle on hand is very beneficial in the homebuying journey. Here at Manchestermoneyman, our team can generally get your mortgage agreement in principle sorted within 24 hours of your mortgage appointment.


Declined By Your Bank or Building Society

Through our experience, we find that many people seek open and honest mortgage advice in Manchester after approaching a bank and being declined for a mortgage. There can be a variety of reasons why a bank may decline your mortgage application and it’s our job to find this out for you.


Our goal as an expert mortgage broker in Manchester is to explore a range of options in the hopes of finding you the one that is fitting for your personal and financial situation. As well as this, we have access to a large panel of lenders who offer specialist products.


Here at Manchestermoneyman, our team are available 7 days a week to provide updates on your process as well as answer any of your mortgage questions, which can be a massive benefit for first time buyer in Manchester. Contact us today and take advantage of the free mortgage appointment we offer to all our customers.

Why choose us to help buy your first home in Manchester?

We have a fantastic team of mortgage advisors in Manchester who have years of experience and knowledge from helping a plethora of first time buyers on their journey to homeownership by providing them with a supportive and tailored service.


Every day of the week from early until late at night, our advisors provide the trusted mortgage advice you need and are just a phone call away at a time that is convenient for you.


All our customers are offered a free mortgage appointment that will take place via telephone or through a Microsoft Teams call.


In the case where you feel your situation is a little out of the ordinary, please don’t hesitate to get in touch. Our 20 years of working in the industry has exposed us to a large variety of mortgage situations. Therefore, there is a high chance that we have encountered a case like yours before.


We treat every case as an isolated one making sure you are provided with the most fitting advice for your situation. As well as this, we strive in making the service as stress free as possible.


In order to find you the perfect deal, we will search through 1000’s of mortgage deals. Being a first time buyer in Manchester, our goal is to ensure you are on the most appropriate deal for your circumstance. It’s not about finding you the perfect mortgage, our team are here to support you throughout the full process. As well as, we offer additional insurance products to make sure you are financially protected in an unexpected event.


Get in touch, and we’ll get you booked in for your free mortgage appointment with one of our incredible advisors today.

Reviews Stars4.96 Rating397 Reviews

Common mortgage

Your free initial mortgage consultation in Manchester will last roughly 30 mins. A dedicated advisor will then recommend a mortgage for you, with no obligation to accept and go forward and proceed with the mortgage in question, if you decide that it is not for you.

As trusted Mortgage Advice professionals in Manchester, we will carry out a Fact Find to establish your personal needs before we go ahead with recommending the most suitable mortgage for your situation. From there you will be credit checked, which is a requirement to obtain an Agreement in Principle. Once you have provided all the relevant documentation and a valuation of the property has been undertaken, you can be issued a formal mortgage offer.

We recommend you obtain an Agreement in Principle prior to property viewings in Manchester, in order to avoid potential disappointment. At the very latest we would suggest that you obtain one before you make any offers, to put you in a better bargaining position. As a dedicated Mortgage Broker in Manchester, we are typically able to obtain an agreement in principle within 24 hours.

Generally speaking, an Agreement in Principle will last for between 30 and 90 days, depending on the lender that is used. If your Agreement in Principle expires before you can make use of it, it can be easily refreshed by speaking to your advisor.

If you’re looking to achieve something like debt consolidation or home improvements, you may be able to place a second mortgage on your home. If you’re looking to use it for yourself, a family member, a holiday home or a Buy to Let, a second mortgage on that property may also be an option.

A high street lender will typically require you to put down at least 5% of the property purchase price for your deposit. If you have had credit problems in the past, this may be higher.

If you have struggled with credit problems in the past, you may still be eligible for a mortgage, though a lender may possibly require you to put down a higher deposit than expected. This can be something like 15% of the property purchase price.

Submitting at least one year’s accounts moves you along the process, allowing for you to potentially obtain a mortgage in Manchester. Most lenders will utilise your salary plus dividend to calculate the maximum mortgage amount you are eligible to borrow, whereas some other lenders will go off your net profit.

In order for an employee to prove their income, it’s usually 3 payslips and the last 2 years’ accounts if you are self-employed. You will also need to provide some proof of ID, address and the last 3 months’ bank statements.

The free initial mortgage consultation that we offer generally lasts up to around 30 mins. We are then able to turn around an agreement in principle within 24 hours of that appointment. A formal mortgage offer takes, on average, somewhere around three weeks.

We make it so easy!
Our 4 step process

Step 1

A telephone test call where we can take some initial details and find out about your plan of action.

Step 2

Obtain an Agreement in Principle to support any future offers you wish to make. Now the fun starts, enjoy finding a property!

Step 3

Make an offer on the property you set your heart on – we’ll finalise your figures and help you to get a good deal.

Step 4

Our mortgage recommendation. We’ll try to find you the best mortgage deal. We’ll be there to support you, right through to you getting your keys.

A telephone call where we can take some initial details and find out about your plan of action.

Enjoy finding a property!

Make an offer on the property you set your heart on – we’ll finalise your figures and help you to get a good deal.

Our mortgage recommendation. We’ll try to find you the best mortgage deal. We’ll be there to support you, right through to you getting your keys.

Handy quick links & 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, Hull, HU9 1PU.

Authorised and Regulated by the Financial Conduct Authority.
We are entered on the Financial Services Register No. 627742 at

The information contained within the website is subject to the UK regulatory regime and is therefore primarily targeted at customers in the UK.
Should you have cause to complain and you are not satisfied with our response to your complaint, you may be able to refer it
to the Financial Ombudsman Service, which can be contacted as follows

The Financial Ombudsman Service, Exchange Tower, London, E14 9SR

© 2023 Manchestermoneyman

Manchestermoneyman - 3 Piccadilly Place, Manchester, M1 3BN

Moneyman Logo

Moneyman Logo

Moneyman Logo

Ask Your Question

    Moneyman Logo

    Moneyman Logo

    Moneyman Logo

    Book your Free Consultation

    7 Days 8am - 10pm

    Moneyman Logo

    Moneyman Logo