Mortgage Advisor | MortgagesRM > First Time Buyers in Scunthorpe

First Time Buyers In Scunthorpe | Mortgages RM

The process of buying a home can feel overwhelming for first time buyer Scunthorpe purchasers, especially with increased competition and pressure from agents. With support from MortgagesRM, a trusted mortgage advisor in Scunthorpe, you can navigate each step with clarity and confidence.

Over 300+ clients rate us 5★

Hundreds of happy homeowners, one trusted mortgage team providing first time buyer advice.

Minimum Paperwork

Get with the mortgage process with very minimal paperwork and get the work done.

Best Market Deal

Getting the best market mortgage deals, and also finding the best deal from your current lender.

First Time Buyer Mortgage Advisor Offering Expert Advice for Homebuyers in Scunthorpe

We offer a flexible service that gives you the opportunity to choose how and when you want to get in contact with us, providing independent mortgage advice every step of the way. That could be online, via the phone, or in branch – we’re here to help whenever you need assistance.

We have exclusive 90-95% First Time Buyer mortgages that make the dream of home ownership more affordable, even with a low minimum deposit and manageable monthly repayments. Rest easy because our “Best in Market” mortgage promise guarantees you a competitive rate and exceptional service.

Come and see for yourself how we’ve helped thousands of first-time buyers just like you take their first step onto the property ladder.

Have Any Questions?

Contact our expert team for mortgage advice in Scunthorpe

      EXCELLENT  
   Based on 311 reviews 
    
 
 
 
   
 
 
       Posted on Google  
   
   John Barge 
 
 
 
 Trustindex verifies that the original source of the review is Google. Our mortgage broker was Stephen Kerrigan.  He was very professional throughout and regularly kept us up to date with how the mortgage was progressing. The process of arranging a mortgage through Stephen was painless and I would definitely recommend him and his company if you are needing a Mortgage. Thank you Stephen!
  
 
      Posted on Google  
   
   Rob Hawkins 
 
 
 
 Trustindex verifies that the original source of the review is Google. Steve and the team are amazing/ professional and personal always a pleasure thank you
  
 
      Posted on Google  
   
   Sean Burr 
 
 
 
 Trustindex verifies that the original source of the review is Google. Steve has been great help in gaining our mortgage! He has accommodated to our every needs and requirements and jumped through hoops to get the mortgage deal over the line for us!

Highly recommend!
  
 
      Posted on Google  
   
   P Meakin 
 
 
 
 Trustindex verifies that the original source of the review is Google. A friend recommended me to Steve a few years ago and I could see why! His services are second to none and he’s very thorough in communicating and getting the best deal for you. I’ll always know who to ring regarding this matter. Cheers Steve

Pete
  
 
      Posted on Google  
   
   Leona Parnell 
 
 
 
 Trustindex verifies that the original source of the review is Google. Absolutely fantastic service all easy straight forward very informative and explained through out !
Was recommended by a friend and also I will recommend to my friends too
Thank you !!!
  
 
      Posted on Google  
   
   Peter Bob 
 
 
 
 Trustindex verifies that the original source of the review is Google. Stephen Kerrigan is a very competent and professional financial advisor. The cooperation was very pleasant and went without any complications. Stephen was always available in case of any questions. I highly recommend him to all who are looking for someone who will help them get a mortgage efficiently, quickly and without any problems.Stephen thank you very much.
  
 
      Posted on Google  
   
   Chris Fussey 
 
 
 
 Trustindex verifies that the original source of the review is Google. The service from Steve and the team was exceptional as always. Smooth process and incredibly helpful
  
 
      Posted on Google  
   
   Debbie Rose 
 
 
 
 Trustindex verifies that the original source of the review is Google. Realy amazing people ,  realy helpful very very good and reliable. Definitely recommend
  
 
      Posted on Google  
   
   Maruf & Sofia Khalifa 
 
 
 
 Trustindex verifies that the original source of the review is Google. We honestly couldn’t have asked for a better person to help us through the mortgage process. From the very beginning, Stephen made everything feel manageable — he explained things clearly, always kept us in the loop, and was genuinely invested in getting us the best possible deal.

There were moments where things could’ve easily become overwhelming, but Stephen stayed calm, proactive, and incredibly supportive throughout. He took the time to understand our situation, answered every question (no matter how small), and made the whole experience feel less like a transaction and more like someone truly looking out for us.

Thanks to Stephen, we’re now settled with a great mortgage that fits our needs — and we’re incredibly grateful. If you get the chance to work with him, take it. You’ll be in safe hands.
  
 
      Posted on Google  
   
   Tom Howard 
 
 
 
 Trustindex verifies that the original source of the review is Google. Steve is fantastic, great attention to detail, everything goes quickly and smoothly, and he has saved us £100s each month going forwards.

Our Services

Fast & Bespoke Mortgage Advice in Scunthorpe

We love helping all our customers, especially those who need clear Mortgage Advice in Scunthorpe when buying a new home, offering trusted help for first time buyers every step of the way. It’s not just about finding a mortgage. It’s about the journey, and we will hold your hand through the full process.

First Time Buyer

Buying your first home can be a little bit frightening, but we are here to support you through first home ownership and all the challenges of finding your perfect home.

Remortgages

Looking for a better mortgage deal in Scunthorpe? The process is not always as easy as it seems, but expert support can make it simpler.

Moving Home

Thinking of selling your existing home and moving to a new home? It is important that you try and budget well.

Buy-to-Let

It is one of the most popular mortgage options available for those looking to invest in residential and rental properties.

Call us today!

To speak with a mortgage advisor, book your mortgage appointment online or give us a call.

We're rated 5 stars because we care.

How much can I borrow?

The size of mortgage you can get depends on your income. Some lenders use a multiple of your income others look at how much you can afford based on your income and outgoings. As a rough guide, a typical multiple is four times your income.

This can vary depending on your personal circumstances and the lender’s criteria. They will consider who is applying for the mortgage and any outstanding debts you may have, and eligibility for a government housing scheme.

Some lenders offer very good deals for first time buyers, so it’s always worth asking us to research the market on your behalf.

Based on your personal circumstances, Stephen Kerrigan, our Mortgage Advisor, will calculate how much you can borrow and assess whether a first home buyers scheme may be suitable for you. You’ll receive a clear explanation of the purchase process and any questions you may have.

Have Any Questions?

We promise to find the perfect home mortgage for you.

We’ll take care of all the work with your lender, solicitor, and surveyor so you don’t have to worry about it.

Last, but certainly not least, we’ll take care of all the paperwork.

Having a wealth of knowledge in the mortgage & protection market. We provide a service face to face or over the phone.
Home appointments?
No problem.

We pride ourselves in offering our customers a first-class service from the moment you speak to one of our friendly & experienced Mortgage Brokers in Scunthorpe.

Get started online now

Book your consultation today!

Frequently Asked Questions

How much deposit do I need for a mortgage?

A minimum deposit is required for purchasing a property. High street lenders typically require a 5% deposit, and it’s also important to consider first time buyers stamp duty when budgeting for your purchase. A higher deposit may be required if you have had credit problems in the past.

Can I get a mortgage if I am self-employed?

Yes, however, you must submit at least one year’s worth of accounts. To compute the maximum mortgage, most lenders use your salary and dividend, while others may use your net profit.

Can I get a second mortgage?

Second mortgages are possible. This includes debt consolidation and home improvements. It can also be obtained on a second property, but only if it is for the owner’s personal use, a family member’s use, a holiday home or a rental property.

How long does the mortgage process take?

It will take about an hour for our mortgage consultation. Upon completion of your consultation, we can arrange an agreement in principle for you in about 24 hours. A formal offer takes about three weeks.

What documents do I need to send you?

You must provide three payslips to prove your income if you are an employee. You will need to supply the latest 2 years’ accounts if you are self-employed in Scunthorpe. Additionally, you must provide proof of identity, address, and three months of bank statements.

How long will an agreement in principle be valid for?

An agreement in principle typically lasts between 30 and 90 days, but it can vary based on your lender. It is quite simple to renew an agreement in principle if it expires.

I have bad credit, can I still get a mortgage?

You can do it, but it will be harder. By putting down a higher deposit, perhaps 10% or 15% of the purchase price, you can demonstrate that you can afford a mortgage.

Scunthorpe, UK

The primary administrative hub of the unitary authority of North Lincolnshire in Lincolnshire, England, Scunthorpe is an industrial town and an unparished district. In 2016, the estimated population of Scunthorpe was 82,334 people. The town, which is primarily industrial, is also known as the “Industrial Garden Town” and is the largest steel processing facility in the United Kingdom. After Lincoln and Grimsby, it is the third-largest town in the county of Lincolnshire. Holly Mumby-Croft, a member of the Conservative Party, represents Scunthorpe in Congress.

The Lias Group strata, which goes back to the Early Jurassic period and extends north-south through Lincolnshire, contains a seam of high-lime ironstone (with an average iron content of about 25 percent), which is exposed near Scunthorpe. From the 1850s onward, ironstone was mined using open cast techniques. Beginning in the late 1930s, underground mining was used.

Local Links

Wacky Warehouse – Old Farmhouse

20-21 Visual Arts Centre

Ashby Ville Nature Reserve

Things to do in Scunthorpe, UK

North Lincolnshire Museum

The Pink Pig Farm

Central Park