Greater London · First Time Buyer Specialist

First Time Buyer Mortgage Adviser in Merton

Helping first time buyers purchase in Merton — from agreement in principle through to keys in hand. Independent, whole-of-market advice.

£520,000
Average property price
£26,000
Minimum 5% deposit
90+
Lenders compared
Get Free First Time Buyer AdviceCall 0844 884 9748

Buying your first home in Merton

Merton is dominated by Wimbledon's reputation — good schools, great transport, and a strong community feel. Property ranges from flats in Wimbledon town to houses in Raynes Park and Morden. Mortgage advice here often involves helping buyers understand what they can realistically afford in different parts of the borough.

Families, upsizing professionals, and buyers attracted by Wimbledon's schools and tennis heritage.

As an independent whole-of-market adviser, we compare 90+ lenders — including those not available direct to the public — to find mortgage products that work for your deposit, income, and the property type you're purchasing in Merton. With average prices of £520,000, we ensure you approach every viewing with a firm agreement in principle in place.

How we help Merton first time buyers

  • Agreement in principle — ready to make offers
  • Stamp Duty relief for first time buyers
  • Shared Ownership mortgage advice
  • Lifetime ISA and Help to Buy integration
  • New build and off-plan purchase advice
  • Full cost breakdown before you commit
  • Solicitor referrals and survey guidance
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First time buyer FAQs for Merton

How much deposit do I need to buy in Merton?
Most lenders require a minimum 5% deposit, which on Merton's average property price of £520,000 equates to approximately £26,000. A 10% deposit (around £52,000) gives access to more lenders and more competitive rates. We help you identify the right deposit level and lenders for your specific circumstances.
Is Shared Ownership available in Merton?
Shared Ownership schemes are available across many parts of Merton and can significantly reduce the deposit and mortgage required to get on the property ladder. We advise on Shared Ownership mortgages alongside standard mortgages so you can make an informed comparison of both routes before deciding.
Can I use a Lifetime ISA to buy in Merton?
Yes, a Lifetime ISA adds a 25% government bonus on up to £4,000 saved per year and can be used on properties up to £450,000. Some properties in Merton exceed this limit, so we help you plan your savings strategy alongside your mortgage search to ensure your LISA and mortgage timeline align.
What costs beyond the deposit should I budget for in Merton?
Beyond your deposit budget for Stamp Duty Land Tax (first time buyers receive relief on purchases up to £500,000), solicitor and conveyancing fees (typically £1,500–£3,000), survey costs (£400–£1,500), mortgage arrangement fees if applicable, and removal costs. We provide a full cost breakdown during your initial advice session.

Ready to buy your first home in Merton?

Free initial consultation. We respond within 2 hours.

Get Free AdviceCall 0844 884 9748

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