First-Time Buyer Mortgages in Bexley

🏠 First-Time Buyer Mortgages in Bexley

Expert Guidance for First-Time Buyers in Bexley

Buying your first home is an exciting step — but it can also feel overwhelming. From figuring out how much you can borrow to understanding deposit requirements, there’s a lot to take in. That’s where we come in.

We work with buyers across Bexley and nearby areas to help make the mortgage process clear, simple, and stress-free. Whether you’re buying a flat near Bexleyheath Station or a family home in Blendon, we can guide you through the journey.

💷 How Much Can I Borrow?

As a first-time buyer, lenders typically offer between 4 and 4.5 times your annual income, depending on affordability and credit profile. Other factors — like your deposit size, existing debts, and any government schemes — will also impact how much you can borrow.

Use our handy mortgage calculator to get an idea of your potential monthly payments based on the loan size and interest rate.

🏡 What Deposit Do I Need?

Most lenders require a minimum of 5% deposit. However, putting down 10% or more may open up better interest rates and a wider choice of products. If you’re using a gifted deposit or saving via a Lifetime ISA, these may also affect your options.

We’ll help you understand which lenders accept your circumstances and guide you through the documentation needed.

📑 Types of Mortgages for First-Time Buyers

There’s no one-size-fits-all solution. That’s why we help first-time buyers in Bexley compare a range of options, including:

• Fixed-rate mortgages – Set monthly payments for 2, 3, or 5 years
• Tracker mortgages – Linked to the Bank of England base rate
• Offset mortgages – Reduce interest by linking to savings
• Joint mortgages – Buy with a partner or family member

We’ll help you weigh up the pros and cons based on your long-term plans and budget.

🏘️ Buying in Bexley? Here’s What to Know

The Bexley area is popular with first-time buyers thanks to a mix of affordability, transport links, and green space. Areas like Barnehurst, Albany Park, and Sidcup attract buyers looking for good schools and strong commuter connections into London.

Property types range from purpose-built flats to 1930s terraces and semi-detached homes — ideal for buyers looking for value in a well-connected part of South East London.

✅ What We Offer

While we don’t provide regulated mortgage advice ourselves, we handle your enquiry with care and help you get matched with a trusted adviser when you’re ready. Our aim is to make the whole experience smoother, clearer, and faster — with no pressure.

We support buyers from the first enquiry all the way to completion.

📞 Ready to Explore Your Options?

Use our quick mortgage calculator to get started or contact us if you have questions about first-time buyer mortgages in Bexley.

We’re here to support you every step of the way.

💬 Frequently Asked Questions (FAQ)

How much can I borrow as a first-time buyer?

Most lenders offer 4 to 4.5 times your annual income, but this can vary depending on your credit score, debts, and deposit size.

Can I get a mortgage with a 5% deposit?

Yes, many lenders now accept 5% deposits, though you may access better rates with a 10% deposit or more.

Are there any first-time buyer schemes available?

While Help to Buy has ended, some lenders offer first-time buyer incentives and shared ownership schemes are still available.

Do I need a mortgage adviser?

You don’t have to use one, but many first-time buyers benefit from the support of a qualified adviser to navigate options and lender criteria.