Mortgage
Finding the right mortgage for you
Securing the right mortgage is one of the biggest steps in your home-buying journey, and we’re here to support you throughout the process. With so many options available, it can feel overwhelming — but with clear guidance and expert knowledge, we’ll help you understand your options and make informed decisions with confidence.
Buying your first home is an exciting milestone, but it can also feel overwhelming—especially when you’re navigating the mortgage process for the first time. With so many mortgage types, rates, and terms available, it’s not always easy to know which option is right for you.
We’re here to make the process clear, straightforward, and easier to understand. We specialise in supporting first-time buyers by explaining how different mortgages work, guiding you through each stage, and providing clear, honest information in plain English.
Our aim is to help you understand your options so you can make an informed decision that suits your circumstances and feel confident as you move towards owning your first home.
1. Am I a first-time buyer?
You’re considered a first-time buyer if you (and any co-buyer) have never owned a property before.
There are several schemes designed to help first-time buyers get on the ladder.
If you’ve inherited a property in the past but haven’t bought one yourself, you’re still classed as a first-time buyer when you make your first purchase.
2. What deposit do I need for a first-time buyer mortgage?
Most first-time buyers need a minimum deposit of 5%.
A larger deposit can give you access to better rates, as lenders see you as lower risk.
Deposits can also come from family gifts, and some lenders allow a family member to act as a guarantor if they already own a property.
3. How much can I afford for my first home?
Your borrowing amount depends on several factors, including your deposit, income, existing credit commitments, and the loan size you need.
Speaking with a mortgage adviser is the best way to understand your affordability. We’ll assess your situation, explain your options, and help you find the right mortgage to fit your budget.
4. Do I need to pay stamp duty as a first-time buyer?
Stamp Duty Land Tax (SDLT) depends on the price of the property.
First-time buyers benefit from certain allowances, but if the property exceeds specific thresholds, SDLT may still apply.
You can check the latest stamp duty thresholds on the government website.
First-Time Buyer
Buying your first home can feel overwhelming, but the right mortgage can make everything much easier. As a first-time buyer, you may have access to products designed specifically for new homeowners, including lower deposit options and competitive rates.
We’ll walk you through each step—from understanding your choices to securing a deal that suits your budget—so you can start your homeownership journey with confidence and clarity.
Remortgage
Remortgaging can be a smart way to improve your current mortgage and strengthen your finances. Whether you want to lower your monthly payments, release some extra funds, or secure a better rate, We’ll help you understand your options clearly.
We’ll compare the latest deals, look at your individual goals, and guide you through the process so you can choose a remortgage that genuinely improves your financial position.
Buy-To-Let
Investing in rental property means choosing a mortgage that’s built for property investors. Buy-to-let mortgages are designed with rental income and long-term returns in mind, often allowing for higher borrowing based on expected rental earnings.
We’ll help you find the right buy-to-let mortgage to support your investment plans, maximise your returns, and make sure your rental property goals are set up for success.
Home Mover
If you’re moving home, getting the right mortgage in place is key to making the transition smooth and stress-free. Home mover mortgages are designed to give you the flexibility you need when upgrading or relocating, and We're here to help you find the option that fits your plans.
We’ll guide you through the market, compare the best deals.
Foreign Nationals & Expats
Buying property or arranging finance in a new country can feel complex, especially when lending criteria and legal requirements differ from what you’re used to. As a foreign national or expat, you may face additional checks around residency status, income, and currency — but with the right guidance, securing a mortgage is absolutely achievable.
Bad Credit Mortgages
A less-than-perfect credit history doesn’t have to stand in the way of securing a mortgage. Bad credit mortgages are designed for individuals with credit challenges, offering opportunities to buy a home or remortgage despite past issues. We’ll help you navigate the options available, find a suitable lender, and secure a mortgage that aligns with your financial situation.
Your trusted partner for mortgages and protection, here to help you stay organised, secure, and confident in every financial decision. If you’d like to make your mortgage and protection journey simple and stress-free, just get in touch—I’m here to help.
Quick links
Legal
Legal
Lucky Mortgages Limited are authorised and regulated by the Financial Conduct Authority, FCA number 1025384. Our Companies House number is 15926454. Registered Office: Regus, 1 Quick Silver Way, Cobalt Business Park, Newcastle Upon Tyne, NE27 0QQ
© 2026 Lucky Mortgages Limited. All Rights Reserved.