First Time Buyer Mortgages

First Time Buyer Mortgages with Manchester Money

We're 5 Star Rated on Google

    
 
 
      Posted on Google  
   Neelam Dharashivkar 
 4 days ago
 
 
 Trustindex verifies that the original source of the review is Google. A fantastic team with great expertise, a friendly attitude, and a strong commitment to helping others.
  
 
     Posted on Google  
   Leanne Parsons 
 10 days ago
 
 
 Trustindex verifies that the original source of the review is Google. From start to finish re-morgaging my property has been a seamless process. Carl my advisor communicated well at a time that was convenient for me and totally took the stress out of the whole process.
  
 
     Posted on Google  
   Jeremy Allmand-Smith 
 10 days ago
 
 
 Trustindex verifies that the original source of the review is Google. Kept us up to speed during the whole process, communicated well and got us a great deal, would recommend to anyone!
  
 
     Posted on Google  
   William Staniforth 
 11 days ago
 
 
 Trustindex verifies that the original source of the review is Google. My experience with Manchester money has been great from start to finish. Adam has been very helpful with me securing my first property, very professional!
  
 
     Posted on Google  
   Matthew Whittle 
 11 days ago
 
 
 Trustindex verifies that the original source of the review is Google. Carl was great and massively helped us with sorting our mortgage to move house
  
 
     Posted on Google  
   Jessica Whittle 
 11 days ago
 
 
 Trustindex verifies that the original source of the review is Google. Carl has been great for us so far with the set up of our new mortgage. Nothing has been too much trouble. He is very approachable and came highly recommended from a friend too. Carl made it very simple and took the stress away at an already stressful time. Would 100% recommend for all your mortgage needs.
  
 
     Posted on Google  
   Mia Berry 
 13 days ago
 
 
 Trustindex verifies that the original source of the review is Google. I honestly cannot recommend Carl Barnes and Manchester Money highly enough. When we first started looking into getting a mortgage, I genuinely thought we would never be able to get one. The whole process was so daunting and I was convinced that there was no way we would the point of buying our first home. From the very very beginning, Carl completely changed that. He was incredibly knowledgeable, patient, and reassuring, and took the time to explain everything to us in a way that actually made sense. No question was ever too small, and whenever we were worried about something he was always there to help. What really stood out to us was how far above and beyond he want. He even took the time to answer our questions outside of his normal working hours, which made such a difference during what can be an incredibly stressful process. We never once felt like we were bothering him or that we were just another application. He genuinely cared about helping us get there. And somehow, after thinking it would never happen, our mortgage was approved!! We are now one step closer to buying our first home, and we genuinely don't think we would have felt anywhere near as confident or supported through the process without Carl. He has been absolutely fantastic from start to finish, and we will forever be grateful for all of his help. If you're looking for a mortgage advisor who is knowledgeable, responsive, genuinely cares about his clients, and will go to the extra mile to help you, I couldn't recommend Carl more highly. Thank you so much for helping make something I genuinely thought impossible a reality <3
  
 
     Posted on Google  
   Claire Yates 
 16 days ago
 
 
 Trustindex verifies that the original source of the review is Google. Recently contacted MM and the team were brilliant. Friendly, helpful and worked really hard when we encountered a few obstacles with our mortgage. Aaron especially made sure that everything was explained in detail with lots of helpful advice from Julia too. Would definitely recommend and use them again.
  
 
     Posted on Google  
   Ava Elliott 
 16 days ago
 
 
 Trustindex verifies that the original source of the review is Google. We could not recommend Manchester money enough! Aaron has been so patient, professional and amazing with us in buying our first home. He keeps us updated through each process, explains everything in good detail so we could understand. He has held regular calls with us and guided us on the right path. We are both very greatful for all of his help!
  
 
     Posted on Google  
   Ryan Jenkinson 
 17 days ago
 
 
 Trustindex verifies that the original source of the review is Google. Brandon has been fantastic from the get go. Extremely helpful and made us feel at ease when we our most stressed. Made the whole journey from the start to now very easy for us. We wouldn’t go with anybody else.

First Time Buyer Mortgages Manchester

Last updated: 17th June 2025

Buying your first home is one of the most exciting moments in life – but it can also feel like a daunting journey. At Manchester Money, we specialise in helping first-time buyers like you navigate the mortgage process with confidence, clarity, and expert support every step of the way. As award-winning mortgage brokers based in Manchester, we’re here to make sure you don’t just find a mortgage – you find the right mortgage for you.

Why Choose Manchester Money for Your First Mortgage?

Choosing the right partner for your first mortgage makes all the difference. Here’s why so many first-time buyers across Manchester and beyond trust us to guide them:

Award-Winning Mortgage Experts – Proud winners of Top Broker and Top Mortgage Employer awards.

Personalised Advice – No two buyers are the same. We tailor our recommendations to your situation.

Whole-of-Market Access – Unlike many banks, we search the entire mortgage market to find you the best deal.

Convenient Appointments – Speak to us over the phone or online from the comfort of your own home.

Friendly, Jargon-Free Support – We break down the mortgage process into easy steps, making everything clear from start to finish.

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How Does a First Time Buyer Mortgage Work?

If you’ve never applied for a mortgage before, don’t worry – we’ll guide you through every stage. Here’s a quick overview:

Deposit: Most first-time buyers will need at least a 5% deposit, but the more you can put down, the better the rates you may receive.

Loan-to-Value (LTV): LTV is how lenders describe the size of your mortgage compared to your deposit. For example, if you have a 10% deposit, your LTV is 90%.

Mortgage Types: We’ll help you decide between:

Fixed-rate mortgages (stay at the same rate for a set time)
Tracker mortgages (move up or down depending on interest rates)
Discount mortgages (offer lower rates than the lender’s standard rate for a set period)

Stamp Duty Relief: As a first-time buyer, you may benefit from reduced or even zero Stamp Duty on properties up to a certain value (depending on current government schemes).

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First Time Buyer Schemes You Might Be Eligible For

As a first-time buyer, you may be eligible for extra help from government schemes or special arrangements. We’ll explore every possible option for you.

Shared Ownership: Buy a share of a property (usually between 25% and 75%) and pay rent on the remaining share. Ideal for first-time buyers who can’t afford 100% of the home straight away.

First Homes Scheme (if applicable): A government scheme offering selected new-build properties to first-time buyers with a discount of 30–50% off market value.

Deposit Unlock (if available): A scheme that allows you to buy a new-build home with just a 5% deposit, with special support from home builders.

Right to Buy: If you currently rent from a council or housing association, you could have the right to buy your home at a significant discount.

With Manchester Money, you don’t need to worry about eligibility criteria or paperwork – we’ll handle the details and advise you on the best routes available for your situation.

Book Appointment

Your First Home Journey Starts Here

Are you ready to take that first big step? Whether you’re still saving for a deposit or already have a property in mind, Manchester Money is here to help make your dream a reality.