The First Home Fund was launched by the Scottish Government in December 2019 to help first-time buyers buy their first property. The government will provide loans of up to £25,000 towards the purchase of a property under a shared ownership arrangement. The scheme will run until the £150m fund has been drawn down, or to March 2021.
Currently, there are 10 lenders participating in the scheme, and others are expected to join in early 2020.
If you are interested in more information, or to apply for the First Home Fund, we at First Mortgage are here to help. We can also advise on the other Scottish Government schemes you may be eligible for.
Contact us today to get started on the home buying journey with help from the First Home Fund.
Your advisor will calculate exactly how much you can borrow based on your personal circumstances, and what that would cost, whilst explaining the purchasing process in simple terms – no jargon!
Great news, you could borrow up to: £45,000
Great news, you could borrow up to: £35,000
To find out exactly how much you can borrow based on your specific circumstances, please make an enquiry to speak to an advisor.Quick Enquiry
We’re not just any mortgage broker – we’re a free, award winning mortgage broker with access to the best deals out there. And there’s no catch. While most mortgage brokers will charge you a hefty fee for using their service, we don’t. Our service is funded entirely by mortgage lenders, so you can bid farewell to advice fees. Did we mention we’ll even do all the paperwork for you?
We’re so confident in finding the best mortgage deal available to you that every mortgage we source comes fully backed by our one of a kind mortgage guarantee.
If you can get a better mortgage offer from anywhere else, we’ll give you £500.
All mortgage brokers get paid a fee by the lender upon completion of a mortgage. In addition to this, most of these brokers will also charge you a hefty fee.
This fee typically ranges from £300 to £500 per client, with some brokers charging as much as £1,250.
We know you don’t like fees, and we don’t either.
Our service is funded entirely by mortgage lenders, which doesn’t affect your mortgage in any way, and means you won’t ever have to pay us a penny. Combined with our Best in Market mortgage guarantee – where we’ll pay you £500 if you get a better deal elsewhere – we can confidently say there is no better place to go for your mortgage needs.
So whether you simply want to know what options are available to you, what you can afford or you’ve found the house of your dreams, get in touch and we’ll get the right deal in place for you.
The right mortgage for you. Every time.
At First Mortgage, we’re so confident in our choice of products and our advice, that we provide every customer with a simple guarantee – should you receive a better offer from another lender than the mortgage offer issued by the First Mortgage applied for lender, we’ll happily pay you £500!
This promise is offered exclusively to First Mortgage clients who receive a better mortgage offer from another lender, on a like for like product basis, than the mortgage offer already issued by the First Mortgage applied for lender.
It’s Really That Simple
We are so confident that our range of products and advice cannot be beaten that we provide this gimmick-free offer to all our clients. Simply provide us with a copy of the alternative mortgage offer at least 10 days prior to completion/entry date, which confirms eligibility for a mortgage product that has a lower true cost over the special rate period than the mortgage recommended by First Mortgage, and we will pay you £500.