🏡 First-Time Buyer Mortgages in Canterbury

Starting out in Canterbury doesn’t need to feel complex. We support first-time buyers across St Dunstan’s, Wincheap, Hales Place and Sturry — from budgeting and AIPs to a full application — and introduce you to FCA-authorised advisers for regulated recommendations.

📋 Clear, Step-by-Step Help

• 💷 Work out what’s realistic based on income, deposit and commitments
• 📖 Demystify fixed, tracker and discount products in plain English
• 📑 Get documents ready early to avoid underwriting delays
• 🤝 Connect with a suitable FCA-authorised adviser when advice is required

🪜 Ways to Get on the Ladder

• 🔒 Fixed-rate stability over 2–5+ years
• 📊 Tracker/variable that move with a base rate
• 🏠 95% LTV (5% deposit) where eligible
• 👨‍👩‍👦 Family-assisted options and gifted deposits
• 🏘️ Shared Ownership and First Homes (area dependent)

💡 How Much Can I Borrow?

Typical ranges hover near 4–4.5× income, but deposit level, credit profile and monthly spending can move the figure up or down. Strengthening the deposit often expands lender choice.

📍 Local Notes

Canterbury mixes character homes within the city walls, student-lets near UKC/CCCU and modern flats toward St Dunstan’s. Different stock can trigger different lender questions; a well-packaged case speeds valuation and approval.

❓ First-Time Buyer FAQs

💷 Is a 5% deposit enough?

Sometimes — eligibility and affordability need to stack up. 10%+ usually improves options and pricing.

📑 What if my income is irregular?

Many lenders can consider averaged self-employed/contractor income via accounts and SA302s.

📄 When should I sort an AIP?

Early — it helps set budget and strengthens your position when offering.

🎓 Do student loans count?

Yes, typically as monthly commitments within affordability assessments.

🚀 Next Steps

Buying your first place in Canterbury? Share your plans and we’ll map out the process and introduce you to an FCA-authorised adviser for tailored guidance.