If you are searching for the best mortgages call Deal Direct for advice.

It can be a daunting process trying to find the best mortgages especially if you are a first time buyer. At Deal Direct we can give you advice about the range of products that are available from different lenders and source a product that would suit you.

Earlier this year the Government launched the NewBuy scheme and a number of lenders have already introduced 95% loan to value products for first time buyers. This means if you are buying a new property from a builder who is taking part in the scheme you would only need a 5% deposit.

According to the Council for Mortgage Lenders, loans for first time buyers are at their most affordable for nearly a decade. If you have saved a deposit, some of the best mortgages and a wider range of deals are more likely to be available to you. The greater deposit you have the more competitive the rates generally are.

First time buyers are in a good position to buy because they are not part of a chain. Some lenders are also offering special schemes such as no mortgage fees and refunds on property valuations. Others are offering help with legal fees or even cash back schemes.

If you are looking for a mortgage for the first time call Deal Direct, we can search for the best mortgages from lenders throughout the UK. At Deal Direct we offer impartial advice to help you look, apply and secure a great deal to help you onto the housing ladder.