Being able to buy your very own flat or house is one of the most exciting things about your first professional role.
The need for a substantial deposit may put off many young professionals looking to get on the property ladder for the first time.
The good news is that as a young professional getting a mortgage for the first time, there are a variety of options available to you. There are a number of options available to you, including:
A Help To Buy Mortgage - A Government-backed mortgage that allows people to buy their first home with as little as 5% of the property's value as a deposit. First-time buyers and home movers who are purchasing a residential property for their own use can apply for Help to Buy mortgages.
A specialist professional mortgage - The earning potential of a young professional may be taken into account when applying for a mortgage, especially if you work in a profession that has a clear and predictable progression path. Some mortgage lenders offer specialist professional mortgages to trainee accountants, trainee actuaries, and trainee solicitors.
To investigate your finance options call our broker team or fill in our call back form - speak to our independent mortgage broker team who will be able to offer impartial advice or you can call us on 0117 403 3464