Mortgage renewal

Thousands of happy customers have come to us for mortgage advice because we can save them time, money and stress. That's why we've got a 98% satisfaction rate.

Why not take advantage when your current mortgage deal is up for renewal. Simply tell us when it comes to an end and we'll contact you 3-6 months before to find the best deal for you.

Tell us when your current deal ends

How much deposit do I need for a mortgage?

How much deposit you need for a mortgage varies depending on a number of factors, such as the amount you want to borrow and the price of the property you wish to purchase.

Typically, first-time buyer mortgages are available with a 10% deposit. However, our team of mortgage advisers are able to source first-time buyer mortgages for as little as a 5% deposit.

Generally, the bigger the mortgage deposit the greater the variety of mortgage rates and deals available to you, the better the rate and the lower your monthly repayments. Our mortgage advisers can recommend the best option for you. They'll take away the stress of picking the right mortgage as they search over 60 lenders before recommending the best mortgage for your individual needs. To help you further they'll also do the legwork of filling in your application, arranging valuations, checking offers and assisting you all the way until your mortgage has been completed.

Can I get a mortgage without a deposit?

Generally you will need a mortgage and the best mortgage deals require more than a 10% deposit. If you can’t afford to put the full deposit down there are other options to house ownership.

Buying jointly

Buying with another person is quite common and can help you reduce the deposit you need to save. Traditionally, a jointly owned house was with your partner, but it could be your parents or a friend. While it will help with the financial situation, it is worth remembering that your circumstances can change, so it would be prudent to get legal advice on joint ownership before taking the first step.

Help from parents

As house prices have increased and mortgage lenders have removed their 100% mortgages, it has become difficult to save up the deposit required. That’s why first-time home buyers are increasingly looking to their parents for some form of financial support. If your parents can help towards your deposit, it will get you one step closer to owning your own home. By providing you with this money, it doesn’t mean they have ownership of your home, unless you buy it jointly. If you are thinking about going down this route, it is worth talking to our mortgage advisers, as your individual circumstances will influence which options are best for you.

Help to Buy and NewBuy scheme

If you really can’t get together the 5% deposit required, there are government schemes that can help first-time buyers through special mortgages or interest-free Help to Buy equity loans.

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