First Time Buyer Mortgages in Harlow
Help for first time buyers in Harlow, Old Harlow, Church Langley and Sawbridgeworth.
Plain-English guidance
We explain each step so you know what to expect
Your plans, your budget
Advice based on your income, deposit and goals
Support to completion
We stay in touch from first call to getting the keys
Harlow was designated a New Town in 1947, and its homes, from flats and maisonettes to houses and newer developments, give first time buyers a range of options. The West Anglia line runs to London Liverpool Street and on to Cambridge, and Stansted Airport is close.
We explain what you could borrow and what to prepare, and we stay in touch with you from your first call until you collect the keys.
Buying your first home in Harlow
Prices in Harlow are lower than in London, which leads some buyers to move here from the capital in search of a first home. If you are renting in London and saving a deposit, we can look at how your current rent, income and any savings fit with a purchase in Harlow and the commuting costs that come with it.
Some of Harlow’s homes were built as part of the New Town and have non-traditional construction, and a number of flats and maisonettes are leasehold. Lenders each have their own criteria on construction type and lease length, so it is helpful to tell us the address early. Newer areas such as Church Langley contain more modern homes, and Old Harlow and Sawbridgeworth offer a village feel at a different price level.
How it works
Initial conversation
We talk about your plans, income and deposit.
Your options explained
We explain the mortgages that may suit you, and what we would recommend.
Agreement in principle
A lender gives an early indication of what it may lend. This can involve a credit check.
Find your home
You find a property and your offer is accepted.
Full application
We help you complete the application and provide the documents the lender needs.
Valuation, legal work and offer
The lender values the property and your solicitor carries out the legal work.
Completion
Funds are released and you collect your keys.
For the full guide, see our First Time Buyers page.
Frequently asked questions
Can I buy a flat or maisonette in Harlow as a first time buyer?
Yes, many first time buyers do. Lenders check the length of the lease and the service charge, and some have rules on the building. We can explain what applies before you pay for a survey.
I rent in London. Can I buy in Harlow instead?
Many people do. A lender will look at your income and outgoings and the home you want to buy, wherever you currently live. We can explain what you could borrow and what the move would cost, including travel.
How much deposit do I need?
It depends on the lender and the mortgage. Generally, a larger deposit gives you more choice, but some lenders accept smaller deposits. We will look at your position and explain what may be possible.
Can I get a mortgage if I am self-employed?
Many lenders will consider self-employed applicants. They usually ask for accounts or tax records covering recent years, and each lender looks at your income in its own way.
Important information
- Your home may be repossessed if you do not keep up repayments on your mortgage.
The information on this page is general and is not advice. Advice depends on your personal circumstances.
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