Buying your first home is one of the most exciting things you can do. It can also be one of the most stressful. In today’s competitive property market, first time buyers have to work hard to meet the criteria that lenders set. There are a vast array of mortgages on the market offered by a wide range of providers which can be confusing. As it is such an important purchase it can be difficult to know where to start, this is where the friendly team from Limetree in Cambridge can help.

We advise on the best first time buyer mortgages for you


We have over 75 years’ industry experience and have a vast knowledge of the first time buyer mortgage market. As an independent financial advisor and mortgage broker we don’t have allegiances with particular lenders so you can be sure you will get the best deal available on the market that is perfect for you. We can help you understand the choices that are open to you and advise you on the best first time buyer mortgages that suit your situation.

As a first time buyer you may not be familiar with the buying process but there is no need to worry, we help you every step of the way and ensure you are kept informed at every stage. Before we begin researching first time buyer mortgages that will be available to you, we will work out how much you will be able to borrow. Then we will search the market and ensure you understand how the interest rates and different mortgage offers will affect your monthly payment.

Our friendly team can help you get onto the property ladder and hopefully help you avoid some of the stress involved. Their guidance will be invaluable and your own personal advisor will ensure your individual needs are met. Being a first time buyer has its advantages as, despite the difficulties currently being faced, there are great deals in the competitive market place and we are here to help you take advantage of them.

So if you are ready to take the first step to get into the property market today then call one of our friendly advisors who can offer mortgage advice to help you reach your goal.

Latest first time buyers posts

Five Tips for Saving Toward a Bigger Deposit

We know that it can be hard to find the extra money every month to save towards your first or next home.  We’ve compiled these five tips – some of them a bit easier than others – that you could implement to save money.

  1. Reduce your food bills – some simple meal planning will help you reduce food and money waste. Spend half an hour every week planning the week ahead and write your shopping list to fulfil that menu.  Also consider changing supermarkets to one of the lower cost ones such as Lidl or Aldi for all or part of your shop.  Cook from scratch – convenience or ready meals are expensive, a healthy family meal can be made in under half an hour and will save you hundreds of £’s over the course of a year. Reduce your restaurant or takeaway meals so that they are treats – you will appreciate them all the more as will your back pocket! If you can’t resist the pull towards a pub or restaurant sign up to loyalty schemes or emails to take advantage of offers.
  2. Consider taking in a lodger – if you have a spare room or if your children could share for a short period while you are saving you can earn up to £7500 a year without having to pay tax (sign up to the Rent a Room scheme).
  3. Take a staycation – we all love to holiday but the average family holiday abroad (according to Expedia) costs £4800 plus £280 per week spending money.  Instead of booking a holiday away stay at home, book the time off work and spend days out with the family or as a couple.  If your single and saving then take some time off to visit with friends or family you haven’t seen in a while.  Explore the area you live in – go for bike rides.  If you really need to get away then consider camping, narrow boating or a lower cost holiday cottage in the UK instead of going abroad.
  4. Review your insurances and utilities – reviewing your insurance and utility contracts annually could save yourself a lot of money, utility and insurance providers rely on us having such busy lives that we don’t review our policies.  Price and policy rises can happen unnoticed and before you know it you could be paying a lot more than you realise.
  5. Manage your money – sounds simple, but if you set yourself a monthly budget and set up some standing orders into separate savings accounts e.g. a holiday fund, house fund, clothing fund that get transferred on pay day you are far less likely to fritter money.