First-Time Buyer Mortgages in Sleaford

Friendly, local support across Sleaford, Lincoln, Grantham, Newark, Boston for first-time buyers.

Your first home, made clear

Stepping into homeownership should be exciting, not confusing. Whether you’re feeling unsure about deposits, lender jargon, or how to make your offer stand out, we’re here to guide you through.

Spolton Mortgages simplifies the journey:

We explain deposit options like low deposit and help you through shared ownership or gifted deposit routes.
We decode lender criteria, mortgage terms, AIP timeframes, and new build deadlines if relevant.
We walk you through the process step by step, making sure each stage is clear and achievable.

You’re not just another application; you’re taking your first big step—and we help you do it with confidence.

Unbiased Advice

Dedicated to providing trusted advice, we believe financing your home should be exciting and stress-free. Here’s just some of the lenders we work with;

We access the whole of the mortgage market to find the best mortgage to suit your needs.

Why first-time buyers trust us

Local and personable. We’re in Sleaford and understand the community, developments, and lender appetite here.
Friendly explanation. We break down complicated terms, AIP, product fee, stamp duty, into plain language.
Whole-of-market access. We compare lenders to find products that fit your deposit, income, and plans.
Plan support. If you’re buying a new build, shared ownership, or need deposit help, we have paths ready.

How we help you get started

Buying your first home comes with many unknowns. We break it into simple steps so you always know what happens next.

Check what you can afford

We’ll look at your income, deposit, credit score, and show you what you could borrow.

Find the right deal

We gather lender options suited to your profile—deposits, rates, fees—and explain each clearly.

Secure and complete

We manage your application, keep you updated, and navigate all documents to get you to move-in smoothly.

Current local figures for first-time buyers

Here are some up-to-date figures helping first-time buyers plan in Sleaford and nearby areas:

Average house prices in Sleaford (12 months to mid-2025)
- 2 bed – £173k
- 3-bed -£257k.
- GetAgent Sleaford
Typical deposit for a first-time buyer: Averaging £68,154 nationally. Unbiased data
95% LTV mortgages (Mortgage Guarantee Scheme) are available: Several lenders still offer 91–95% options for eligible buyers. Gov.uk scheme details

We are family

Spolton Mortgages is a family mortgage broker founded by Nick and Kasia Spolton.

From our office in Sleaford, we provide mortgage and mortgage protection advice.

Well-known, and respected for providing trusted advice, we started by helping people find mortgages in Lincoln, Sleaford, and throughout Lincolnshire. Now we find ourselves helping people across the whole of the UK.

Our carefully selected panel of insurance providers

What our customers think

Useful Links

Looking for more information about being a landlord or exploring the local rental market? We’ve pulled together some useful external resources that many of our clients find helpful. These links go to third-party websites, and while we believe they offer valuable insights, we’re not responsible for their content or updates. Always check the latest information directly with the source.

Shared Ownership overview — MoneyHelper

Saver’s guide — Lifetime ISA info

Mortgage Guarantee scheme details — GOV.UK

First-time buyer deposit data — Unbiased

Typical house prices in Sleaford — GetAgent

FAQs

How much deposit do I need?

Some lenders accept a 5% deposit (via the Mortgage Guarantee Scheme), but many ask for 10–15% at minimum. We’ll show you the options you’re eligible for. Mortgage Guarantee details

What is an AIP and how long is it valid?

An Agreement in Principle (AIP) is a pre-approval that shows a lender how much you may borrow. Most last 30–90 days. If it expires, we’ll help you renew or refresh it quickly.

Can first-time buyers get better rates?

Sometimes — lenders may offer competitive rates to attract first-time buyers, especially through schemes or LISA savers. We’ll compare current offers to find what works best for you.

Are new build mortgages different?

Yes — new builds may require stage payments or ‘advance’ mortgage release. Not all lenders cover this, but we know which ones do and align the funding with site stages.

Can someone help me with the deposit (e.g. family)?

Yes — your deposit can include a gift from family if documented properly. We help with gift letters and lender wording to make it seamless.