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First Time Buyer

Buying your first home is a big step, and the choices can feel overwhelming. At Pera Mortgages, our advisers explain your options, guide you through the process, and help you secure the right mortgage, so you can step into homeownership with clarity and confidence.

Ready to Step into Homeownership?

Are you considering purchasing your first home? The journey to homeownership can feel like navigating uncharted waters, especially if you’re a first-time buyer. But fear not, because we’re here to help make the process smooth sailing from start to finish.

Discover our range of mortgage options specifically for first-time buyers.

Choosing the Right First Time Buyer Mortgage:

As a first time buyer, selecting the perfect mortgage is a crucial step towards owning your dream home. At Pera Mortgages, we specialise in providing tailored mortgage solutions designed specifically for individuals embarking on their homeownership journey. Let’s explore some of the first time buyer mortgage options available,

Tracker Mortgages

Discover how a tracker mortgage works with Pera Mortgages. Linked to the Bank of England base rate, offering flexibility & savings.

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Fixed-Rate Mortgages

Fixed-rate mortgages are another popular option for first time buyers. With a fixed-rate mortgage, your interest rate remains unchanged for a set period, typically between two to five years. This offers stability and predictability, making it easier to budget for your monthly mortgage payments. Fixed-rate mortgages are ideal for first time buyers who prefer certainty and want to avoid fluctuations in interest rates.

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Variable-Rate Mortgages

Variable-rate mortgages, also known as adjustable-rate mortgages (ARMs), offer flexibility and the potential for lower initial interest rates. With a variable-rate mortgage, your interest rate can fluctuate over time based on changes in the lender's standard variable rate (SVR) or another financial index. While variable-rate mortgages may offer lower initial payments, it's essential to be prepared for potential rate increases in the future.

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Ready to Discover Your Dream Home?

At Pera Mortgages, we know that buying your first home is a thrilling milestone. That’s why we’re here to guide you through every stage of the journey.

  • We’ll Scout the Market for You: Our dedicated team will scour the market to uncover the best deal tailored to your requirements.
  • We’ll Manage all the Paperwork: Leave the paperwork to us, making the entire process smooth and stress-free for you.
  • Begin Your Journey Today: Arrange a meeting with one of our advisors today, and let us unearth the perfect first mortgage deal for you, completely free of charge.

More Mortgage Options

Explore our variety of mortgage options and discover the perfect fit for your needs.
Types of Mortgages

Interest-Only Mortgage: An interest-only mortgage allows you to pay only the interest on the loan for a specified period.
Tracker Mortgage: A tracker mortgage is linked to a specific interest rate.
Variable-Rate Mortgages: A variable-rate mortgage is a type of home loan where the interest rate can fluctuate over time.
Joint Mortgages: Joint Mortgage is a home loan taken out by two or more people together.
Expat Mortgages: Expat mortgages are specifically designed for UK citizens living abroad who wish to purchase property in the UK.
High Net Worth Mortgages: Tailored specifically for individuals with substantial assets and significant income.

First Time Buyers

Shared Ownership Mortgages: Shared Ownership mortgage allows you to buy a portion of a property.
Shared Equity Mortgages: Helps you buy a property with the assistance of an equity loan from the government or a developer.

Remortgages

Switching Lenders: moving your existing mortgage from one lender to another to take advantage of better rates or terms.
High Net Worth Mortgages: Tailored specifically for individuals with substantial assets and significant income.

Specialist Mortgages

High Net Worth Mortgages: Designed specifically for individuals with substantial assets and significant income.
Guarantor Mortgages: Guarantor Mortgages provides additional security to lenders, particularly for borrowers with limited credit history or low income.
Let to Buy Mortgages: Let to Buy mortgage is ideal for those who want to move to a new home but keep their existing property as an investment.
Contractor Mortgages: Contractor mortgage is specifically designed for individuals who work on a contract basis, rather than being permanently employed.
Director Mortgages: Director Mortgage is a specialised mortgage product designed for company directors.

Buy to Let

Buy to Let Mortgages: Invest smartly with our Buy to Let Mortgages – tailored for landlords seeking rental income and long-term property gains.
Buy to Let Remortgages: Optimise your property portfolio with our Buy to Let Remortgages – switch to better rates or access the equity tied up in your rental property.
Buy to Let Interest-Only Mortgages: Maximise cash flow with our Buy to Let Interest-Only Mortgages – lower monthly payments while focusing on capital growth.

Why Choose Pera Mortgages?

  • Expert Advice: Our team of experienced advisers is on hand to provide honest and complimentary advice, guiding you through every step of the mortgage and insurance process. With their in-depth knowledge and personalised approach, you can make informed decisions with confidence.
  • Comprehensive Support: From the initial consultation to the completion of your application, our dedicated case managers ensure a smooth and efficient experience. We manage all the details, so you can focus on finding the perfect property or insurance plan without the hassle.
  • Track Your Application: Stay informed with our 24/7 online access system, allowing you to track the progress of your application at any time. This transparency ensures you are always up to date and aware of the status of your mortgage or insurance process.
  • Ongoing Support: Our commitment to you doesn’t end once your mortgage or insurance is secured. We are here to support you continuously, ensuring you have the best financial arrangements in place for your evolving needs. Whether it’s remortgaging, additional insurance, or financial advice, we are here for the long haul.
  • Wide Range of Lenders: We work with a vast network of lenders to offer a variety of mortgage products, ensuring that you have access to the best options available in the market. Our extensive connections mean we can find a mortgage solution that fits your unique requirements.
  • Get Started: Ready to find your perfect mortgage or insurance plan? Contact our expert advisers today or start your application online. With Pera Mortgages, you are choosing a partner dedicated to helping you achieve your financial goals with ease and confidence.

Why Choose Pera Mortgages?

  • Expert Advice: Our team of experienced advisers is on hand to provide honest and complimentary advice, guiding you through every step of the mortgage and insurance process. With their in-depth knowledge and personalised approach, you can make informed decisions with confidence.
  • Comprehensive Support: From the initial consultation to the completion of your application, our dedicated case managers ensure a smooth and efficient experience. We manage all the details, so you can focus on finding the perfect property or insurance plan without the hassle.
  • Track Your Application: Stay informed with our 24/7 online access system, allowing you to track the progress of your application at any time. This transparency ensures you are always up to date and aware of the status of your mortgage or insurance process.
  • Ongoing Support: Our commitment to you doesn’t end once your mortgage or insurance is secured. We are here to support you continuously, ensuring you have the best financial arrangements in place for your evolving needs. Whether it’s remortgaging, additional insurance, or financial advice, we are here for the long haul.
  • Wide Range of Lenders: We work with a vast network of lenders to offer a variety of mortgage products, ensuring that you have access to the best options available in the market. Our extensive connections mean we can find a mortgage solution that fits your unique requirements.
  • Get Started: Ready to find your perfect mortgage or insurance plan? Contact our expert advisers today or start your application online. With Pera Mortgages, you are choosing a partner dedicated to helping you achieve your financial goals with ease and confidence.
Key Factors to Consider Before Applying for a Mortgage

Key Factors to Consider Before Applying for a Mortgage

Applying for a mortgage is a significant step, and understanding what lenders look for can improve your chances of approval and help you secure a better deal.

One of the first things you should do is check your credit report. Lenders assess your financial history to determine whether you’ve managed past debts responsibly. If your credit score is lower than expected, you may be able to improve it by reducing outstanding debts, closing unused credit accounts, and ensuring you’re registered on the electoral roll.

Another crucial factor is your deposit size. The larger your deposit, the broader the range of mortgage options available to you. Lenders often offer more competitive rates to those with a substantial deposit or significant equity when remortgaging, as it signals lower financial risk.

Want to Make the Process Easier?

No one likes surprises when it comes to mortgages. Get ahead with our expert guides:

7 Key Mistakes to Avoid When Applying for a Mortgage in the UK
Top 3 Tips for Navigating the UK Mortgage Process
Key Factors to Consider Before Applying for a Mortgage

Key Factors to Consider Before Applying for a Mortgage

Applying for a mortgage is a significant step, and understanding what lenders look for can improve your chances of approval and help you secure a better deal.

One of the first things you should do is check your credit report. Lenders assess your financial history to determine whether you’ve managed past debts responsibly. If your credit score is lower than expected, you may be able to improve it by reducing outstanding debts, closing unused credit accounts, and ensuring you’re registered on the electoral roll.

Another crucial factor is your deposit size. The larger your deposit, the broader the range of mortgage options available to you. Lenders often offer more competitive rates to those with a substantial deposit or significant equity when remortgaging, as it signals lower financial risk.

Want to Make the Process Easier?

No one likes surprises when it comes to mortgages. Get ahead with our expert guides:

7 Key Mistakes to Avoid When Applying for a Mortgage in the UK
Top 3 Tips for Navigating the UK Mortgage Process

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    Explore Your Mortgage Universe

    Embark on your mortgage journey with confidence alongside Pera Mortgages.
    As UK-based mortgage brokers, we understand the complexities of the market. Let our seasoned experts steer you through the maze of options, ensuring a seamless experience tailored to your needs.

    First Time Buyers

    Are you considering purchasing your first home?

    The journey to homeownership can feel like navigating uncharted waters, especially if you're a first-time buyer.
    But fear not, because we're here to help make the process smooth sailing from start to finish.

    Tell me more

    Remortgaging

    We provide extensive remortgage guidance customised to your unique situation.

    With advice from our expert mortgage consultants, who survey deals from across the market, you can be confident in securing the most appropriate remortgage deal for your needs.

    Tell me more

    Buy to Let

    A Buy to Let Mortgage could be a good option for those looking to invest in property.
    Our team is here to help you, whether you’re just getting started with property investment or looking to expand your existing portfolio.
    We’ll be happy to compare deals from different lenders to find a mortgage that suits your needs.

    Tell me more

    Moving to a New Home

    Moving to a new home is an exciting time, but navigating mortgages can be challenging.
    At Pera Mortgages, we’re here to support you!
    From traditional mortgages to porting and fixed or variable rates, our advisors are here to provide insights to help you make informed decisions and ensure a smooth transition into your new.

    Tell me more

    First Time Buyers

    Are you considering purchasing your first home?

    The journey to homeownership can feel like navigating uncharted waters, especially if you're a first-time buyer.
    But fear not, because we're here to help make the process smooth sailing from start to finish.

    Tell me more

    Remortgaging

    We provide extensive remortgage guidance customised to your unique situation.

    With advice from our expert mortgage consultants, who survey deals from across the market, you can be confident in securing the most appropriate remortgage deal for your needs.

    Tell me more

    Buy to Let

    A Buy to Let Mortgage could be a good option for those looking to invest in property.
    Our team is here to help you, whether you’re just getting started with property investment or looking to expand your existing portfolio.
    We’ll be happy to compare deals from different lenders to find a mortgage that suits your needs.

    Tell me more

    Moving to a New Home

    Moving to a new home is an exciting time, but navigating mortgages can be challenging.
    At Pera Mortgages, we’re here to support you!
    From traditional mortgages to porting and fixed or variable rates, our advisors are here to provide insights to help you make informed decisions and ensure a smooth transition into your new.

    Tell me more
    Stay in touch
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    020 8129 4428
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    565 Green Lanes, London, N8 ORL
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    [email protected]
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    020 8129 4428
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    [email protected]
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    565 Green Lanes, London, N8 ORL

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