First Time Buyer Mortgage & Remortgages
Our Services
First Time Buyer Mortgage & Remortgages
Looking to buy your first home, secure a high loan-to-value mortgage, or remortgage on better terms? At Giles Finance, we deliver expert, independent mortgage advice designed to help you access the best residential mortgage and remortgage deals across the UK.
Whether you are a first time buyer with a small deposit, a homeowner seeking better rates, or a high net worth individual requiring bespoke lending solutions, our experienced advisers are here to secure the right mortgage for your needs.
First Time Buyer Mortgages – Up to 95% Loan to Value (LTV)
Buying your first home is one of the most important financial decisions you will ever make. At Giles Finance, we specialise in helping first time buyers secure competitive mortgages — including high loan-to-value products of up to 95% LTV.
This means you may be able to buy your home with as little as a 5% deposit, subject to lender criteria.
Our advisers will guide you through:
- First time buyer mortgage applications
- 95% LTV and low-deposit mortgages
- Government-backed and lender-supported schemes
- Affordability assessments
- Credit profile improvement strategies
- Mortgage offers in principle
- End-to-end application support
We simplify the process, remove uncertainty, and ensure you enter homeownership with clarity, confidence, and financial security.
Residential Mortgages Tailored to You: Every borrower is different. That is why we take a personalised approach to residential mortgage advice.
We help clients secure mortgages for:
- Employed and self-employed applicants
- Contractors and professionals
- Complex income structures
- Multiple income streams
- Applicants with historic credit issues
- High earning professionals
With access to leading UK lenders and specialist providers, we source residential mortgage products that align with your financial goals — not generic, one-size-fits-all solutions.
High Net Worth & Bespoke Mortgage Solutions
Giles Finance is trusted by professionals, executives, business owners, and investors who require high-value and bespoke mortgage facilities.
We provide specialist mortgage solutions for:
- High net worth individuals
- High-value property purchases
- Complex asset portfolios
- Overseas income earners
- Company directors and entrepreneurs
Call today on 0208 088 2211 for expert mortgage advice.
Interested in cooperation or have questions?
First Time Buyer Mortgage & Remortgages FAQ's
How much deposit do I need as a first-time buyer?
Most lenders require a minimum deposit of 5% to 10% of the property value, though a larger deposit generally unlocks more competitive interest rates.
What government schemes are available to first-time buyers?
Current options can include mortgage guarantee scheme products, shared ownership and Lifetime ISA savings towards a deposit; availability and eligibility change over time, so we confirm current schemes at the point of application.
How much can I borrow based on my income?
Lenders typically offer between 4 and 4.5 times gross annual income, though the exact multiple depends on the lender's affordability assessment, outgoings and credit history.
What is the difference between fixed and variable rate mortgages?
A fixed rate keeps your payment the same for an agreed period regardless of interest rate changes, while a variable or tracker rate can rise or fall in line with the lender's rate or the Bank of England base rate.
When should I start the remortgage process?
It's generally best to start reviewing remortgage options around three to six months before your current deal ends, to allow time to secure and complete a new rate without falling onto a lender's standard variable rate.
Will I need a new valuation to remortgage?
Most lenders carry out their own valuation, often a desktop or automated valuation, as part of the remortgage application to confirm the property's current value.
Can I remortgage if my circumstances have changed since my last mortgage?
Yes, though changes such as reduced income, new debts or a change in employment status may affect the amount you can borrow or the rates available, so it's worth reviewing your position early.
What fees are involved in remortgaging?
Potential costs include a valuation fee, legal fees, arrangement fee and, if leaving your current deal early, an early repayment charge; many remortgage products also offer fee-free or cashback options.
Can first-time buyers use gifted deposits?
Yes, most lenders accept gifted deposits from family members, though they will usually require a signed gifted deposit letter confirming the funds are a genuine gift and not a loan.
What happens if I don't remortgage when my fixed rate ends?
If no new deal is arranged, your mortgage will typically move onto the lender's standard variable rate, which is usually higher, so reviewing your options ahead of the deadline can help avoid unnecessary cost.