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First time buyers

Frida Finance
Frida Finance

Why First-Time Buyers in London Need Guidance

If you’re ready to buy your first home, you’ve come to the right place. At Frida Finance, we help more people get their first mortgage than anyone else.

To most first-time home buyers in the UK, though, it may seem a complicated procedure, from saving to buy a first-time home deposit, to locating good first-time buyer mortgage deals. London property prices often make it even more challenging. That’s why having expert mortgage advisors is crucial. At Frida Finance, we focus on first-time buyer mortgages designed for young professionals, families, and anyone stepping onto the housing ladder.

first-time buyer mortgage rates in London

Advantages of Being a First-Time Buyer

Being a first-time buyer in London, UK comes with unique advantages:

  •  Access to the first-time buyers’ mortgage scheme UK
  •  Potentially lower first-time buyer mortgage rates in London with tailored advice
  • No chain – making you a more attractive buyer
  •  Opportunities to use first-time buyer help schemes like Shared Ownership or Help to Buy
  • Specialist first-time buyer mortgage advice from our London-based brokers

Budgeting for First-Time Buyers

When it comes to affordability, every step counts. We help you prepare with a first-time buyer checklist, ensuring you understand costs like:

  • Stamp duty relief for first-time buyers in London
  • Solicitor and legal fees
  • Valuation and survey charges
  • Setting aside a first-time buyer deposit (usually 5–10%)

Frida Finance works with lenders across the UK to find budget-first-time-buyer solutions that make property ownership achievable.

First-Time Buyer Mortgage Rates in London

Mortgage rates can vary depending on your income, deposit size, and credit profile. At Frida Finance, we compare the best first-time buyer mortgages in London to secure affordable monthly repayments.

We keep an eye on mortgage first-time buyer rates, helping you understand whether a fixed, tracker, or discounted rate is right for you. For those looking at 100% financing, we explain the risks and options of 100% mortgage financing for first-time buyers.

How to Get a Mortgage as a First-Time Buyer

If you’re wondering how to get a mortgage first-time buyer, our process is simple:

1. Initial Consultation – We review your income, deposit, and budget.
2. Mortgage in Principle – Get proof you’re ready to buy.
3. Application Support – From paperwork to lender negotiations.
4. Final Approval & Completion – Secure your keys with confidence. With Frida Finance, you’re not just a client; you’re a partner in the journey to homeownership.

Frida Finance First-Time Buyer Mortgage Calculator UK

At Frida Finance, we know that one of the biggest concerns for first-time buyers in London is understanding how much their mortgage will cost each month. That’s why we provide a simple, easy-to-use first-time buyer mortgage calculator UK to help you plan with confidence.

With our calculator, you can:
1. Instantly estimate your monthly repayments
2. Compare mortgage terms and deposit sizes
3. Understand your borrowing power before applying
4. See how changing first-time buyer mortgage rates in London impacts your budget

This tool is designed to give first-time home buyers in the UK a clear idea of affordability, making it easier to find the best mortgage rates for first-time buyers and avoid any surprises.

Why Choose Frida Finance in London?

Buying your first home in London is already a big financial step, so cashback incentives like  Frida Finance’s £500 bonus can give you a little extra breathing space. That money could help cover:

  • Moving costs or removals
  • New furniture or home essentials
  • Utility deposits or bills for your first month
  • Independent access to multiple lenders
  • Clear guidance with a personal touch
  • Local expertise in first-time buyer mortgage rates in London
  • Specialist advice for first-time buyers in Manchester and London

And if your home is energy efficient, getting an extra £250–£500 means even more savings – a reward for choosing a  Frida Finance.