First time buyer mortgage

As your mortgage advisor we do our best to get the right deal for you. No matter the circumstances, we work hard to give a first-class service to all our clients. As a mortgage broker in Altrincham, we have helped many people secure their first home. 

How easy is it to get a first time buyer mortgage in Altrincham?

The first step is to check how much you can borrow and what monthly payments you can afford. Speaking with a Mortgage Advisor in Altrincham can help navigate the different criteria lenders will assess such as your credit profile, income, outgoings, and the type on property you are buying.  The larger the deposit the less risk you pose to the lender thus access to better rates. We can give mortgage advice on 95% mortgages and provide bespoke mortgage solutions for first time buyers. 

If you’re a first time buyer estate agents will likely want an "agreement in principle", before accepting an offer on any property. An agreement in principle is an indication from the lender of how much they could be willing to lend.  Get in touch with our Altrincham mortgage advisor we can arrange this for you, then you are free to start searching for your dream home with the knowledge of how much you can borrow and indication of rate and payment.

Be prepared every mortgage application is different but key documentation will be needed on each application; Identification such as a passport, Address verification such as a driving license or utility bill, you will also need 3 months bank statements and proof of income 3 months pay slips or if self employed 2 years accounts or 2 years tax computations. Having this information ready will help us find you the right mortgage deal.

Need an Agreement in Principle fast?

Get in touch with our Altrincham mortgage advisor Nick Bone we will prioritise this for you. We appreciate that speed is critical when purchasing your first home and can cater for appointments any time of the day 7 days a week. This means we can turn your first mortgage around quickly.

Support with your first property and first mortgage 

We offer a dedicated mortgage adviser service. Nick will look after your mortgage application from the initial conversation all the way through to completion. 

Declined by your bank for a mortgage in Altrincham?

Sometimes clients while looking for their first time buyer mortgage in Altrincham may have been declined by their bank for a mortgage. Firstly, don’t panic there can be many reasons for this. We do this every day and are up to date with what lenders offer and the criteria they are likely to accept. We work with over 70 lenders and will help you find the best mortgage deal for your circumstances bespoke to you. 

Greenwood Mortgages first time buyer mortgages 

Our expert mortgage adviser Nick Bone has over 18 years’ experience in the industry. We are a local trusted mortgage brokerage based in Altrincham and cover the whole of the UK. We don’t charge any advice fees. Why no fee, like all brokers we are paid from the lender when your mortgage completes. The difference is unlike other brokers we choose not to charge a fee on top of this. 

First Mortgage in Altrincham

Altrincham is a fabulous place to live and work. Voted by Sunday Times best places to live as one of the best in the country with its fabulous pubs, shops and eateries. As a mortgage broker in Altrincham helping first time buyers is always exciting. It is a privilege helping clients secure their first home. Trafford has some of the best schools in the country. Altrincham has some schools rated outstanding by Ofsted. Rightmove has a feature that allows to look at likely catchment areas as well as current Ofsted rating.

Find out how much you can borrow for your first time buyer mortgage in Altrincham – speak with Nick today 07412841848.

Buying your first home in Altrincham is a big step, and one of the most important things you'll need to do is get a mortgage. But with so many different types of mortgages available, it can be hard to know where to start.

Here are a few things to keep in mind when you're shopping for a first-time buyer mortgage:

• Your deposit. The amount of deposit you have will have a big impact on the type of mortgage you can get and the interest rate you'll pay. A larger deposit will usually get you a lower interest rate and better terms.

• Your income. Lenders will look at your income when they're deciding how much you can borrow. They'll want to make sure that you can afford the monthly repayments, even if your circumstances change.

• Your credit score. Your credit score is a record of your borrowing history. Lenders use it to assess your risk  as a borrower. A good credit score will usually get you a lower interest rate.

Once you've considered these factors, you can start to compare different mortgage deals. There are a number of different ways to do this, including:

• Using a mortgage broker. A mortgage broker can help you compare different deals from a range of lenders. They can also help you understand the terms and conditions of each deal.

• Using an online mortgage calculator. There are a number of online mortgage calculators that can help you estimate how much you can borrow and what your monthly repayments will be.

It's important to remember that there is no one-size-fits-all when it comes to mortgages. The best deal for you will depend on your individual circumstances. So it's important to shop around and compare different deals before you make a decision. Your mortgage broker, Nick Bone can help check the best deals on the market and importantly that you fit within the lenders criteria.

Here are a few additional tips for first-time buyers:

• Start saving early. The sooner you start  saving for a deposit, the better. Even if you can only save a small amount  each month, it will all add up.
• Get your finances in order. Before you apply for a mortgage, it's important to get your finances in order. This means paying off any debts you have, improving your credit score, and getting a clear understanding of your income and outgoings.
• Don't be afraid to ask for help. If you're not sure where to start, don't be afraid to ask for help from a  mortgage broker or financial advisor. They can help you understand the      different mortgage products available and find the best deal for you.

Buying your first home is a big step, but it's also an exciting one. By following these tips, you can make the process a little bit easier.

UK Mortgage Rates in 2026: What It Means for Altrincham Buyers and Homeowners

Mortgage rates remain a hot topic across the UK, and 2026 is shaping up to be a year of opportunity — particularly for buyers and homeowners in Altrincham. After a challenging few years of rising interest rates, the market is beginning to stabilise, and lenders are becoming increasingly competitive once again.

Mortgage Rates Are Easing — But Strategy Still Matters

With inflation gradually cooling and the Bank of England base rate trending downwards, many lenders have already reduced fixed-rate mortgage deals. Two- and five-year fixed rates are now noticeably lower than their 2023–2024 peaks, giving borrowers more choice and improved affordability.

However, while rates are improving, they’re unlikely to return to the ultra-low levels seen before 2022. This makes choosing the right mortgage product — not just the lowest headline rate — more important than ever.

That’s where speaking to an experienced mortgage broker in Altrincham can make a real difference.

What Are Mortgage Forecasters Watching?

Mortgage lenders and market forecasters base their predictions on several key indicators:

• Bank      of England Base Rate: Any future cuts directly influence tracker and      fixed mortgage pricing.
• Swap      Rates: These affect fixed-rate mortgages and often move ahead     of base rate changes, meaning good deals can appear quickly.
• Inflation      and Employment Data: Strong local employment — particularly around Trafford      — continues to support property demand in areas like Altrincham, Hale and      Timperley.

Many analysts expect gradual rate reductions throughout 2026, which could benefit buyers acting early and homeowners planning ahead.

What This Means Locally in Altrincham

Altrincham remains one of Greater Manchester’s most desirable areas, with strong demand driven by schools, transport links and a thriving town centre. As mortgage rates soften:

• First-time      buyers may find affordability improving, especially when combining      competitive rates with local schemes or gifted deposits.
• Home      movers could benefit from improved borrowing power compared to last      year.
• Homeowners      remortgaging may be able to secure better deals by reviewing their      options early — rather than waiting until their current deal ends.
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A knowledgeable mortgage broker in Altrincham can access a wide range of lenders, including high-street banks and specialist providers, to find deals that suit your circumstances — not just what’s advertised online.

Speak to a Mortgage Broker in Altrincham

In a changing mortgage market, timing and advice matter. Whether you’re buying your first home, upsizing locally, or remortgaging in 2026, professional guidance can help you secure the most suitable deal and avoid costly mistakes.

If you’re based in Altrincham or the surrounding areas, working with a trusted mortgage broker in Altrincham ensures you’re getting expert, local advice — tailored to you and the current market.