At Fox Davidson, we are award-winning first time buyer mortgage brokers in Bristol, helping aspiring homeowners secure affordable first time buyer mortgages in the city’s vibrant property market. With Bristol’s average house prices at £340,000 and 5.2% annual growth (Land Registry, 2024), getting onto the property ladder can feel daunting. Our independent brokers access over 100 lenders to deliver tailored solutions, whether you’re buying a flat in Bedminster, a starter home in Fishponds, or a terraced house in Southville. With 30% of UK home purchases by first-time buyers in 2024 (ONS), we make your Bristol dream home a reality.
Why choose Fox Davidson as your Bristol first time buyer mortgage broker?
- Access to specialist lenders offering up to 99% loan-to-value (LTV). Read more about low deposit mortgages for first time buyers
- Competitive rates – fixed & variable.
- Local knowledge of Bristol’s hotspots, from Clifton to Stokes Croft.
Why Buy Your First Home in Bristol?
Bristol’s property market is ideal for first-time buyers, with a population of 475,000, strong job opportunities (e.g., Airbus, University of Bristol), and a vibrant rental scene (24% private renters, Bristol City Council 2024).
Key highlights:
- Affordable Options: Flats in Fishponds or Bedminster range from £200k–£300k, more accessible than Clifton’s £350k+ averages.
- Growth Potential: 5.2% annual price growth ensures long-term value.
- Prime Suburbs: Bedminster, Southville, Fishponds, St George, and Easton offer affordability and connectivity to Temple Meads or the M32.
A first time buyer mortgage unlocks these opportunities, and Fox Davidson finds the best deal for you.
What is a First Time Buyer Mortgage?
A first time buyer mortgage is a residential loan designed for those purchasing their first home, often with lower deposit requirements (1 – 10%) and also government-backed schemes. Lenders assess income, credit, and affordability. As Bristol’s leading first time buyer mortgage brokers, we source deals from high-street banks, building societies, and specialist lenders, tailored to Bristol’s market – where flats in Southville or St George offer strong entry points for FTB’s.
Key benefits of a first time buyer mortgage in Bristol:
- Buy with as little as 1% deposit (minimum of £5k).
- Specialise in first time buyer mortgages for professionals offering higher income multiples
- Fox Davidson helps you find the right mortgage deal and the most suitable deal for your needs, including access to exclusive deals not available directly from banks.
- Receive support throughout the whole process, making your first-time purchase hassle free and stress free.
- Benefit from Bristol’s 5.2% price growth for future equity.
- Secure fixed-rate deals to manage rising interest rates.
How to Get a First Time Buyer Mortgage in Bristol with Fox Davidson. Our streamlined process makes home ownership achievable:
- Affordability Assessment
Review income, deposit (1–10%), and credit to match you with lenders.
- Lender Matching
Source from 100+ lenders, including low deposit schemes
- Application and Approval
Fox Davidson handles all the paperwork to streamline the process, including Bristol-based valuations; funds released in 4–8 weeks.
- Ongoing Support
Receive expert advice and expert mortgage guidance for all your mortgage needs, including remortgage advice. We also provide insurance and protection advice, highlighting the importance of critical illness cover and income protection for new homeowners.
Free Consultation
Discuss your budget and goals, whether buying in Bedminster or Redland.
Typical requirements:
- Deposit: 1 -10% (£5k (min) to £30k for £300k properties).
- Income: Lenders will lend more at 90% loan to value than they will at 95%. For a £300,000 property would require income around £50,000 (can be combined if a joint application)
- Good credit and proof of affordability (e.g. payslips, bank statements).
Schedule a consultation – Contact Us
Low Deposit First Time Buyer Schemes
For many first time buyers in Bristol, saving for a substantial deposit can be one of the biggest challenges in their home buying journey. Fortunately, there are low deposit mortgage schemes designed specifically to help buyers get onto the property ladder with as little as 1% deposit. Some lenders are able to get to 100% but conditions apply. These schemes are tailored to support buyers who may not have large savings but have a stable financial situation and meet affordability criteria.
These low deposit options often come with competitive interest rates and flexible terms, making them an attractive choice for first time buyers. They are available through specialist mortgage products that work closely with government-backed initiatives, providing additional security and confidence to both lenders and borrowers. This means that even buyers with complex income situations or self-employed individuals can find suitable deals that match their personal circumstances.
By accessing these schemes, first time buyers can benefit from reduced upfront deposit costs while still securing a mortgage offer that suits their financial situation and future plans. Low deposit mortgages open doors to a wider range of properties across Bristol’s local property market, from affordable flats in up-and-coming suburbs to starter homes in well-connected areas. Working with expert mortgage advisers at Fox Davidson ensures you receive personalised advice tailored to your individual circumstances, helping you find the right deal and navigate the mortgage application process smoothly.
Fox Davidson also advises on mortgaging and remortgaging options, including reviewing your current mortgage deal to help you save money or access better terms.
Success Stories: First Time Buyer Mortgages in Bristol
- Southville Flat: Secured a £200k mortgage, 95% LTV, for a first-time buyer couple.
- Bedminster New Build: Funded a £280k home with a 10% deposit.
- Recently, we helped a client remortgage to release equity for a deposit on a new property, allowing them to start their BTL journey.
Our Bristol clients trust our local expertise and lender access.
Why Choose Fox Davidson as Your Bristol First Time Buyer Mortgage Broker?
- Bristol Expertise: Deep knowledge of suburbs like Southville, Fishponds, and St George.
- Award-Winning Team: Multi-award winners with 20+ years in mortgage finance.
- Whole Market Access: Independent, comparing 100+ mortgage lenders for the best deal, with access to exclusive deals not available directly to the public.
- Trusted Network: Strong relationships with local estate agents and estate agent partners in Bristol to ensure smooth property transactions.
- Tailored Support: From first consultation to keys in hand, plus FTB low deposit schemes.
- Trusted Service: FCA-regulated and 5-star reviews for personalised advice.
Meet our Bristol First Time Buyer Advisors
Frequently Asked Questions (FAQs) on First Time Buyer Mortgages in Bristol
Typically 1-10% £5k (min)-£30k for £300k properties.
Yes, for new-builds up to £600k, with a 20% equity loan and 5% deposit.
4–8 weeks, depending on lender and scheme.
Bedminster, Fishponds, Southville, St George, and Easton offer affordable flats (£200k–£300k).
Good credit helps, but some lenders accept minor issues with higher deposits.
Yes, we can refinance your property for investment—see our Bristol buy to let mortgages.
We provide a full range of Bristol mortgage services, including expert mortgage advice for first time buyers, remortgaging, buy-to-let, moving home, and bridging loans. Our local knowledge ensures tailored solutions for your needs.
Our experienced mortgage advisors guide you through every step of the mortgage process and application process, helping you secure the best mortgage deals and making the journey as smooth as possible.
Email enquiry@foxdavidson.co.uk for more answers.
Secure Your First Time Buyer Mortgage in Bristol Today
Ready to own your first home in Bristol?
Fox Davidson’s first time buyer mortgage brokers deliver affordable, tailored solutions for Bedminster, Fishponds, and beyond.
📞 Call 01179897950 for immediate expert advice
📧 Email with an outline of your requirements
Fox Davidson is authorised and regulated by the Financial Conduct Authority.
Your property may be repossessed if you do not keep up repayments on your mortgage.
