First-Time Buyer Mortgage Advice in Sunderland
Buying your first home is exciting - but navigating the mortgage process can be overwhelming. At Fairway Mortgage Advice, we specialise in helping first-time buyers in Sunderland secure the right deal. We explain everything in plain English, compare offers from across the market, and guide you from your first viewing to getting your keys.
Your home may be repossessed if you do not keep up repayments on your mortgage.
Frequently Asked Questions
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The deposit you need will depend on the mortgage lender, the property you’re buying and your individual circumstances. While some mortgages are available with smaller deposits, having a larger deposit can give you access to more mortgage options and potentially better rates.
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How much you can borrow will depend on your income, outgoings, deposit, credit history and the lender’s affordability criteria. Every lender is different, so the amount you may be able to borrow can vary depending on your individual circumstances.
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Yes, some lenders offer first-time buyer mortgages with a 5% deposit, meaning you could potentially borrow up to 95% of the property price. However, availability and eligibility will depend on the lender and your individual circumstances.
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You can reach us anytime via our contact page or email. We aim to respond quickly—usually within one business day.
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We offer flexible pricing based on project type and complexity. After an initial conversation, we’ll provide a transparent quote with no hidden costs.
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An Agreement in Principle (AIP) gives you an indication of how much you may be able to borrow based on your circumstances. It can be useful when house hunting, as it shows sellers and estate agents that you’ve started the mortgage process, but it isn’t a guarantee that your mortgage application will be approved.