Buying Your First Home

There are many advantages to owning your own home, and for many people getting the keys to a house or flat that you've bought is a dream come true! Getting on the property ladder is one of the biggest financial decisions you can make, and whilst it's an exciting time, the process can seem complicated and daunting. At CARA Mortgage Services we take the hassle out of homebuying and do the complicated work for you. CARA’s Mortgage Advisers are experts in arranging First Time Buyer Mortgages and have helped many clients find the right financing solution for their first home.

The first step is a discussion with one of our expert Mortgage Advisers to understand your personal circumstances, work out what is affordable and importantly find out how much you could borrow with a Decision in Principle. To build a clear picture they will take into consideration your income, outgoings, future plans, and the deposit you have available to ensure they recommend the mortgage that is right for you. With lender’s criteria and government incentive schemes constantly changing, there could be opportunities available to you that you were unaware of!

We will be there to guide and support you through the process, to the day you get the keys in your hands and continue to support you throughout the years of your homeownership. Get in touch today to book your appointment with one of our advisers.

Buying your home in Scotland:

Buying your home in England & Wales :

Get yourself Mortgage ready!

All lenders will assess your credit score to help them decide how much you can borrow and how much interest they would charge. Having a good credit score gives you the best chance of securing the best mortgage deal for the home you want.
The first place to start is to check and better understand your score, with a thorough report of your credit accounts and history. Your report will include outstanding loans, any missed or late payments as well as any other people that are financially linked to you.
It is best to check your report contains no inaccurate information so that, if this is the case, you can get this put right before we apply for your mortgage.

Get your Credit Report Now

Mortgage Calculator

With our simple online calculator you can find out how much you can borrow

Go to Mortgage Calculator

Because we play by the book we want to tell you that...

Your home may be repossessed if you do not keep up repayments on your mortgage.

There may be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances.

The fee is up to 1% but a typical fee is 0.3% of the amount borrowed.

Helpful Guides

First Time Buyers Guide

Everything you need to know about buying your first home.

What Documents Do I Need?

Our helpful 1 page guide lets you know what documents you will need and why we ask for them

First Home Fund (Scotland)

A helpful step by step Guide to Scotlands First Home Fund

LIFT (Scotland) Guide

A helpful Guide to Scotlands LIFT Open Market Shared Equity Scheme

Help To Buy (England)

If you are a first time buyer in England then this helpful guide on Help to Buy 2021-2023 might be really useful

"Buying your first home is one of life's major milestones. Having dealt with thousands of clients over the years I love helping people buy their first home and being a part of that journey. It can be a complex process but I promise it's worth the effort! At CARA Mortgage Services we help you every step of the way. With a genuine interest in property, and a passion for supporting clients get on to the property ladder, we are here to offer you the best advice. Let us make the complex simple, get in touch to talk through your options today."