First-Time Buyer Mortgages in Woking

🏡 Starting your property journey in Woking? We help first-time buyers across Horsell, Knaphill, West Byfleet, Old Woking and Mayford — from budgeting and AIPs to a full mortgage application. When regulated advice is required, we’ll connect you with an FCA-regulated adviser who can make a personalised recommendation.

Practical Help for First-Time Buyers

• 💰 Set a clear budget using realistic lender affordability
• 📖 Explain fixed, tracker and discount mortgages without jargon
• 📝 Get your documents right first time to keep underwriting moving
• 📑 Secure an AIP early to strengthen offers in a competitive market

Routes onto the Ladder

• 📌 Fixed-rate stability for 2–5+ years
• ⚖️ Tracker/variable flexibility with rate movement
• 🏦 Low-deposit options around 95% LTV where suitable
• 👨‍👩‍👧 Family support and gifted deposits
• 🔑 Shared Ownership / First Homes where available

How Much Could You Borrow?

📊 As a guide, 4–4.5× annual income is common, adjusted for deposit, credit conduct and monthly commitments. Stronger deposits typically unlock broader product choice.

Local Notes

📍 Woking’s portfolio ranges from new-build apartments near the station to family houses in Horsell and Knaphill. Valuers pay attention to lease terms, ground rent clauses and EPCs — presenting a clean file helps preserve timelines and valuation outcomes.

First-Time Buyer FAQs

❓ Is 5% deposit enough?

Sometimes — but 10% often brings better rates and more lender choice.

📂 What if I’m self-employed?

Lenders can review accounts/SA302s or contractor day-rate structures; criteria vary.

🏠 Do I need an AIP before viewings?

Highly recommended — it clarifies budget and helps your offer stand out.

🎁 Can I use gifts from family?

Usually yes. Lenders require a gifted-deposit letter confirming it isn’t a loan.

Next Steps

🚀 Share your Woking plans and we’ll map out options and connect you with an FCA-regulated adviser for tailored next steps.