Mortgages for First Time Buyers

Thinking about taking that exciting first step onto the property ladder? You're in the right place. At Dwello, we specialise in turning first-time buyer dreams into keys-in-hand reality – and we'll make sure you understand every step along the way.

Let's be honest: mortgages aren't actually as scary as everyone makes them out to be. Yes, there's paperwork. Yes, there's jargon. But with the right guidance (that's where we come in), getting your first mortgage can be surprisingly straightforward. We're here to hold your hand through the whole process, making sure you're not just getting a mortgage, but truly understanding what you're doing and why.
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Why First Time Buyers Choose Dwello
We work for you, not the lender. Think of us as your personal mortgage translator, navigator, and cheerleader all rolled into one. Here's what makes us different:
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Personalised guidance that actually makes sense.
We'll break down all that confusing jargon into plain English. Whether we're talking about loan-to-value ratios using a football analogy or explaining interest rates like you're chatting with a mate down the pub, we'll find the common ground that makes it click.
Access to the whole market, not just the obvious choices.
While other brokers might default to a standard fixed-rate deal (the "safe" option), we'll explore every avenue. Sometimes a tracker or discounted rate mortgage gives you more flexibility for the future – like when you want to move up to your forever home.
Education through the process.
By the time you get your keys, you won't just have a mortgage – you'll understand mortgages. We believe knowledge is power, and an informed buyer is a confident buyer.
Education through the process.
By the time you get your keys, you won't just have a mortgage – you'll understand mortgages. We believe knowledge is power, and an informed buyer is a confident buyer.
First Time Buyer Mortgage Schemes & Offers
The government might have wound down Help to Buy, but don't worry – lenders have stepped up to fill the gap, and they're genuinely excited about helping first-time buyers.
100% mortgages are back.
That's right – no deposit required in some cases. If you can prove you're paying rent reliably, some lenders will offer you a mortgage for the same monthly amount.
95% mortgages are widely available.
A 5% deposit could get you moving, and with new affordability checks allowing 5–6 times your income (up from 4.5), you may have more buying power than you realise.
Existing schemes still running.
Right to Buy and Right to Acquire are still available for eligible tenants, offering significant discounts on council and housing association properties.
Right to Buy and Right to Acquire are still available for eligible tenants, offering significant discounts on council and housing association properties.
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The Mortgage Process Explained

Here's the thing about mortgage applications: they're really not as complicated as everyone makes them out to be.

Yes, lenders need to jump through their hoops (regulatory requirements), and yes, you need to prove you are who you say you are. But that's just due diligence – it protects everyone

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01
Initial chat (30mins)

We'll discuss your income, outgoings, and goals over the phone or video call. No pressure, just getting to know your situation.

02
Market overview

We'll show you what's available right now and whether your goal is achievable (spoiler: it usually is).

03
Decision in Principle

This gives you serious buying power and shows estate agents you mean business.

04
Full application

We handle the paperwork, liaise with lenders, and keep you updated throughout.

05
Completion and beyond

We'll also look at protecting your investment with life insurance and income protection – because buying the property is just the beginning of securing your future.

Think of us as your mortgage GPS – we know all the routes, shortcuts, and roadworks, so your journey is as smooth as possible.

First Time Buyer Mortgage Schemes & Offers

"How long is a piece of string?" – that's always our first response to this question, and here's why.

Rather than shooting from the hip with a misleading answer, we collect the facts and figures first, then find you the best solution. Your borrowing power depends on what you earn, what you spend, and how lenders view your individual circumstances.

As a rough guide, most lenders will consider 4.5-5 times your annual income, but we're seeing increased flexibility with some offering up to 6 times for first-time buyers. The real magic happens when we assess your full financial picture and match you with lenders who'll see your potential, not just your payslips.

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Speak to a Specialist Today

Ready to unlock your Yes! moment? Book a no-obligation consultation with our team. We'll assess your situation, explain your options, and create a clear roadmap to homeownership.

Because at Dwello, we don't just get you a mortgage – we get you the right mortgage, and make sure you understand every step of the journey.

Call us today or book online for your free 30-minute consultation. Let's make homeownership happen.

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Common Questions for First Time Buyers
All your questions answered...
What if my credit score isn't perfect?
How much deposit do I actually need?
How long does it all take?
What paperwork will I need?
The information contained in this article does not constitute financial or mortgage advice from Dwello Mortgages. It is provided for general informational and educational purposes only. No information contained constitutes a solicitation, recommendation, endorsement or offer by Dwello.

Dwello is not making any representations or warranties, and assumes no liability, for the content provided in this article, including any third party information. Consumers should always consult their own financial advisors before making any mortgage or remortgage decisions based on this type of general market commentary and analysis.

All mortgage pricing, rate scenarios and cost comparisons used are hypothetical examples. Actual rates, fees and mortgage costs may vary based on the specific lender and the individual borrower's personal financial circumstances.

Dwello Mortgages, a trading style of Dwello Mortgages Limited is an appointed representative of HL Partnership Limited which is authorised and regulated by the Financial Conduct Authority. Dwello Mortgages Limited is registered in England and Wales with company number 14432864. Registered Office: St James House, Hollinswood Road, Telford TF2 9TW

Your home may be repossessed if you do not keep up repayments on your mortgage.

There may be a fee for mortgage advice. The precise amount will depend upon your circumstances but will be agreed with you before proceeding.

Dwello Mortgages, a trading style of Dwello Mortgages Limited is an appointed representative of HL Partnership Limited which is authorised and regulated by the Financial Conduct Authority. Dwello Mortgages Limited is registered in England and Wales with company number 14432864. Registered Office: St James House, Hollinswood Road, Telford TF2 9TWThe guidance and/ or information contained within this website is subject to the UK regulatory regime and is therefore targeted at consumers based in the UK