Buying your first home is exciting, but when you’re faced with saving a deposit, navigating lender criteria, and trying to understand mortgage jargon, it can feel overwhelming.
At Forever Home Mortgages, we work with first-time buyers aged 25–35, typically professionals like teachers, creatives, and IT consultants, who are ready to purchase homes in thriving areas such as Market Harborough, Bedford, and Wellingborough, often with budgets of £300,000 or more.
Here’s our expert guide to the government schemes, family support tools, and mortgage products that could help you step onto the property ladder. Faster and with less stress.
95% Mortgages for First-Time Buyers in Northamptonshire & Beyond
Low-Deposit and No-Deposit Mortgages: What Are Your Options?
If you’ve saved a 5% deposit—great news. You could access a 95% loan-to-value mortgage, meaning you borrow the remaining 95%. These are widely available across the East Midlands and are a common route for buyers looking at properties in towns like Kettering or Bedford.
The Mortgage Guarantee Scheme – Available Until June 2026
The government’s Mortgage Guarantee Scheme helps more lenders offer 95% mortgages. If you’ve got a modest deposit, this could improve your chances of mortgage approval—especially useful if you’re buying in higher-value areas like Market Harborough.
100% Mortgages – Buy With No Deposit at All
Skipton’s Track Record Mortgage
This no-deposit option is designed for renters who’ve consistently paid rent on time for 12+ months. It’s perfect for responsible professionals ready to move from renting in Northampton or Bedford into owning their first home.
Family Support to Boost Your Deposit or Affordability
Many of our clients get a helping hand from parents or siblings—whether it’s to boost affordability or contribute to the deposit.
Family Assist & Guarantor Mortgage
With these products, family members can;
- Use savings as a security deposit
- Guarantee repayments if needed
Ideally if your family wants to help without gifting cash outright
Generation Home: Income & Deposit Boosters
Want to team up with your parents, partner, or even a friend to boost your buying power?
- Income Booster: Add their income to your mortgage application
- Deposit Booster: Family can help with a structured loan, gift, or equity share
Perfect for freelancers or creatives with fluctuating income streams.
Lifetime ISA (LISA) – The 25% Bonus You Shouldn’t Ignore
Saving for a deposit? Open a Lifetime ISA and get a 25% government bonus up to £1,000 per year. It’s a smart way to save if you plan to buy in the next 1–3 years.
Shared Ownership – Buy Part, Rent the Rest
Shared Ownership allows you to buy a share (usually 25–75%) of a home and pay rent on the rest. You can buy more shares over time (called staircasing). It’s a practical option if your current income doesn’t stretch to a full mortgage on a £350k+ home.
Shared Ownership allows you to buy a share (usually 25–75%) of a home and pay rent on the rest. You can buy more shares over time (called staircasing). It’s a practical option if your current income doesn’t stretch to a full mortgage on a £350k+ home.
This scheme is available on selected developments across Wellingborough, Bedford and surrounding areas.
First Homes Scheme – Discounted New Builds for Local Buyers
The First Homes Scheme offers 30% or more off new-build prices for local first-time buyers. It’s ideal for key workers like teachers and NHS staff who want to live where they work.
Local availability varies ask us if there are First Homes developments in your preferred area.
We’re not just here to get you a mortgage we’re here to help you understand your full range of options and guide you every step of the way.
We offer:
- Expert knowledge of local housing markets in South Leicestershire, Northamptonshire, and Bedfordshire
- Access to exclusive mortgage deals not found on comparison sites
- Clear advice on government schemes and what you qualify for
- Help with applications, paperwork, and liaising with lenders
Whether you’re eyeing a £325,000 new-build in Bedford or a £300k semi-detached in Wellingborough, we’ll help you explore all your mortgage options with confidence.
💬 Book your free, no-obligation consultation with Forever Home Mortgages today.
🧭 Let’s take the first step toward your forever home together.
