First Time Buyer Mortgages in Lanarkshire & Scotland
Buying your first home should be exciting. We guide you through every step, from deposit to keys.
Quick answer
Can I get a mortgage as a first-time buyer in Scotland?
Yes. Many lenders ask for a deposit of at least 5% to 10% of the property price, though this varies by lender and your circumstances. Tony can compare over 100 lenders to see what may be available to you.
In Scotland you pay Land and Buildings Transaction Tax (LBTT) rather than stamp duty, and relief is available for first-time buyers.
Tony Flynn Mortgages
Your first mortgage, explained
A mortgage is a loan that helps you buy your property, usually repaid monthly over 25 years or more. Lenders look at your credit history, income, outgoings and even your age. You will usually need a deposit of around 5%, although a few options may not require one.
Buying your first home is exciting, but it can also feel overwhelming. It is likely the most expensive thing you have ever bought, so it is important to get it right. Use our borrowing calculator for a quick idea of your budget, then speak to us for proper guidance.
If your credit score is not great, see our poor credit mortgages page. We treat your first application as if it were our own, and we stay in touch through the years you hold your mortgage, including making sure you have the right protection and insurance in place. Sports professional? See our sports professionals mortgages page.
Know your budget
We look at your income, outgoings and credit to work out what you may be able to borrow.
Plan your deposit
Typically around 5%, with options such as family-assisted purchases that may help. Ask us early.
Protect and complete
We help arrange suitable protection from Defaqto 5-star rated providers and support you through to completion.
First time buyer questions
What deposit do I need as a first-time buyer?
Typically around 5% of the property price, depending on your circumstances. There are various deals and methods that may help, including family-assisted purchases. These can be complex, so it is best to ask for guidance as early as possible.
How much can I borrow for my first home?
Lenders look at your income, outgoings, credit history and age, so the amount varies. Online calculators give a quick idea, but they are usually simple, so it is best to get guidance from an adviser.
Can I get a first-time buyer mortgage with a low credit score?
Some lenders may consider applicants with a lower credit score, but criteria vary and it is not guaranteed. See our poor credit mortgages page or speak to us about your options.
What other costs should I budget for?
As well as your deposit, you will usually need to allow for solicitor fees, a valuation, a survey, any taxes due on the purchase, insurance and moving costs. Your adviser and solicitor can talk you through what applies to you.
How can I improve my chances of being accepted?
Check your credit report (checkmyfile.com shows Experian, Equifax and TransUnion in one report), make sure you are on the electoral register at your current address, and keep up with your existing commitments.
Client reviews and testimonials
Read what our clients say, and see more reviews on Google.
Highly recommend
Great service provided by Tony. Readily available and explained complicated language in a simple way. Would recommend!
Great service
Great service from Tony, I have already recommended him to my friends and family.
First class service
Tony was recommended by Barratt and has provided a first class service. Cannot than you enough.
Fully recommend
I will surely recommend Tony. Many thanks!
Excellent communication
I can see why Tony is the number 1 mortgage advisor about. Constant communication and support.
Excellent mortgage advisor
Toni is an excellent mortgage advisor. He kept me informed at every stage and I would highly recommend his services. Thanks again.
Couldn’t recommend enough
Helped me through every stage of the mortgage process and made sure everything was clear! Thank you so much.
Quicker than expected
Amazing service – communication was great throughout and the process was quicker than expected too.
Easy and stress free
Could not have asked for a better service! Tony and Katie kept in touch and kept me updated at all times throughout the process! I had my mortgage offer really quickly and without any issues.
Thank you so much!
Just wanted to give a huge thanks to Tony for all his help for getting my partner and myself an approved mortgage! Would recommend Tony to anyone.
Great service
Tony sorted our remortgage last month! He was so helpful, really quick to respond to any queries we had & kept us up to date the whole way through! Definitely recommend!
Outstanding Service
Tony was fantastic from start to finish. We were looking to repay debts and tony helped us refinance our mortgage and repay debts and in the process saved us £300 monthly. Top guy.
Fantastic
Tony is a top advisor and number 1 at what he does. He is down to earth and nothing is a problem. Unbeliavable.
So Helpful
Can not thank Tony and Katie enough. So helpful at all times always there when you needed to ask any questions. Thank you so much.
Highly recommend Tony
I would highly recommend Tony. I can’t thank him enough for everything he has done for us throughout the full process.
