It's Free to Speak to an Advisor, 7 days, 8am - 10pm
It's Free to Speak to an Advisor, 7 days, 8am - 10pm
In a world where mortgages are huge financial commitments, as a first time buyer, it can be a little scary to get your process started. As a mortgage broker in Sheffield, it’s our job to take all of the stress away and hold your hand through the whole process.
It’s not just about getting a mortgage it’s about the journey and how you got there. We will make the process simple and tell you everything that is going on at all times; your mortgage advisor in Sheffield will be right by your side from start to finish.
If you can’t quite reach the minimum deposit requirement, you could take a look at utilising government mortgage schemes. These schemes were introduced to help first time buyers like yourself onto the property ladder. Book in a free mortgage appointment with one of our mortgage advisors in Sheffield to discuss all of your options, including the different government schemes available.
There is the Lifetime ISA, Shared Ownership, Mortgage Guarantee Scheme, the First Home Scheme and many more. Each one of these schemes can help you get onto the property ladder in some way. Of course, you’ll have to qualify for them first. That’s where we come in, your mortgage broker in Sheffield is here to help!
For further first time buyer mortgage advice in Sheffield and explanations of each government mortgage scheme, get in touch with our team today. Our mortgage advice in Sheffield can help you apply for a mortgage and check whether you can access any of these schemes.
This all depends on your credit score. As a mortgage broker in Sheffield, we have found that first time buyers usually have a good credit score, and with a good credit score, you may be able to access better mortgage rates and be able to put down a lower deposit, e.g. 5%.
On the other hand, if you are a first time buyer with a low credit score, you may only be access lower rates and have to put down a higher deposit, such as 10-15%. Your deposit amount will also vary depending on the property that you’re looking to buy. The more expensive the property, the higher the initial deposit you’ll have to put down.
As a first time buyer in Sheffield, you can explore various mortgage options, including fixed-rate mortgages, variable-rate mortgages, tracker mortgages, and Help to Buy schemes, which provide government-backed equity loans to assist with purchasing a new build property. Different mortgage lenders in Sheffield offer different terms and rates, so it’s essential to research and compare to find the most suitable option for your financial situation and preferences. Additionally, eligibility criteria and deposit requirements can vary, so consulting with mortgage advisors and brokers in Sheffield like ourselves can help you navigate the choices and secure the right first time buyer mortgage for your needs.
Our Customers Love Us
4.95 Rating206 Reviews
Dawn
I definitely recommend this service, they do all the work and so it's a seamless , stress free transition . They give you great advise and discuss all the options available giving you some peace of mind. They search for the best price and nothing...
1 week ago
Katharine
Jo, Kerry and Charlie have been brilliant. Very attentive, informative and able to work quickly and effectively when our situation chopped and changed. 10/10 would use again if needs be. Highly recommend.
1 month ago
Anonymous
Helpful and reasonably priced
1 month ago
Amy
Really helpful - took so much stress out of first time buying for us!
1 month ago
David
Excellent service. Thank you so much.
2 months ago
Joe
Sheffield Money man has been fantastic throughout keeping us in the loop throughout and addressing any concerns or questions we had straight away. Dinah has been fantastic and you can tell she really cares about her clients answering questions we...
2 months ago
Carlos
I am really happy 😃 with your services
2 months ago
Louise
Amazing service, guidance and patience throughout the whole process. Thank you, Tom!
2 months ago
Yi
We had a very smooth process with the kind help from Charlie and Meghan, many thanks team!
3 months ago
Robert
So so helpful, they gave great advice and handled the whole process really well. Meg was amazing! I'd also recommend their solicitors they were outstanding
3 months ago
Zareeda
Very good spoke with Jonathan mortgage advisor told me about all my options explaining everything in detail I didn’t understand. I would use them again.
5 months ago
Anonymous
very good professional service
6 months ago
Jack
Jason and Stacey were great, informative, helped us save money and best of all super quick and responsive. Would recommend to anyone looking to buy their first or next house!!
6 months ago
Lucy
I have used Sheffield Moneyman three times, 2 new house purchases and one remortgage. Every time they have been very helpful, great at explaining the ins and outs of each option and are really good at keeping me up to date as the mortgage...
7 months ago
Mark
Went out of their way to get me the mortgage I needed ,both mar and Paula were fantastic
8 months ago
Derrick
Chris was a fantastic no-nonsense guy. We contacted him a year ago however we changed our minds then, he promised to contact us another year and we were surprised he did. He put us at ease and took him time to go through everything we needed. We...
8 months ago
Piotr
Really pleased and happy with the service I've received from moneyman mortgage experts and especially massive thanks to Matt Collinson to be so patient and helpfull throughout the whole mortgage application process. Much appreciated guys!
9 months ago
Hannah
Great service. Patiently explained the process and always quick to help and advise. Really recommend Wayne!
10 months ago
Jonathan
Really good to deal with highly recommended very professional and very friendly and helpful Tom Bowes was really good with us and helped us alot.
11 months ago
Morgan
We’re very impressed with our experience with UK MoneyMan! Me and my partner are first time buyers, from the first phone call with Dinah, to the case manager Stacey, everything has been so smooth, every question I had was answered quickly and had...
1 year ago
Speaking with our expert mortgage advisor in Sheffield they will conduct a thorough assessment of your income and expenses during a complimentary free mortgage appointment.
Our team of experts can search 1000's of deals tailored for first time buyers in Sheffield. This will set you on the right path towards becoming a homeowner.
Following your consultation, we will promptly secure your mortgage agreement in principle (AIP), usually within 24 hours.
Once your offer on a property is accepted, our dedicated mortgage advisor in Sheffield will take care of submitting your mortgage application and any additional documentation required by the lender.
In addition to finding the most suitable mortgage deal for first time buyers in Sheffield, our team is devoted to helping you obtain comprehensive insurance coverage to safeguard you and your loved ones financially.
Our job is to provide you with a fast and friendly mortgage advice service. We will try and find you a mortgage product perfect for your personal and financial situation.
You can book in your free mortgage appointment online by using our new booking feature. It’s quick and simple, like our mortgage advice in Sheffield!
As a mortgage broker in Sheffield, we have access to many competitive mortgage products. With over 30 lenders on panel and a great relationship with each one of them, we may just be able to find you that one in a hundred deal that you were looking for!
Our excellent customer reviews are a great representation of our service. We have built up a large number of reviews from our happy customers, take a look if you’re interested.
As a responsive mortgage broker in Sheffield, customer service is at the heart of the company, we want to make sure that you feel comfortable and secure during every step of the process.
Speaking of booking in your free mortgage consultation, we are available 7 days a week. This means that you can book in your own appointment with a mortgage advisor in Sheffield at a time that suits you best. We are also open during out of office hours, therefore, you can book in before or after work.
If you are struggling to work out how much you can borrow, you can either get in touch with one of our mortgage advisors in Sheffield or get a rough estimation by using our affordability calculator.
Depending on various factors, such as your income and earnings, the amount that you can borrow will change. We will be able to give you an accurate figure once we have carried out our free affordability assessment on you.
Once you’ve found a property that you want to make an offer on, you now need to arrange the mortgage part of the process. Once you’re ready to move onto this stage, you can easily book a free mortgage appointment online with a mortgage advisor in Sheffield.
In some cases, we will have availability for the same day, meaning that you can speak to an expert straight away!
An accepted offer means that you need to get your mortgage process started right away!
Preparing your mortgage application with a mortgage broker in Sheffield can often speed up the mortgage process. We know what we are doing, we have been in this game for over 20 years.
An AIP is a ‘must have’ for your mortgage journey. They will help you through most stages of the process. An agreement in principle shows your seller that you can continue straight away. You just need to provide evidential documents to support your application – our team will help you with all of this.
If you’re struggling to make it through the mortgage on your own, you should get help from a mortgage expert.
There’s nothing wrong with getting help! If you’re looking for help, take our hand and let a mortgage broker in Sheffield like us, guide you through the process.
Contact us to book your free mortgage appointment with a mortgage advisor in Sheffield.
Read our 206 Reviews
Sheffieldmoneyman.com & Sheffieldmoneyman 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 www.register.fca.org.uk
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Sheffieldmoneyman.com & Sheffieldmoneyman 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 www.register.fca.org.uk
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