First-Time Buyer Mortgage Guide for Brighton and Hove in 2026
Getting onto the property ladder can feel challenging, particularly in popular coastal locations such as Brighton and Hove. With the right preparation and advice, first-time buyers can improve their chances of securing a suitable mortgage and finding the right home.
Understand Your Budget
Before viewing properties, work out what you can comfortably afford. Lenders assess income, expenses, existing commitments, and credit history when deciding how much they may lend.
A mortgage agreement in principle can provide an indication of your borrowing capacity and demonstrate to estate agents that you are a serious buyer.
Save the Largest Deposit Possible
Many lenders offer mortgages with deposits from 5%, but a larger deposit can provide access to more competitive rates and lower monthly payments.
Common sources of deposits include:
- Regular savings
- Lifetime ISAs
- Gifted family deposits
- Property inheritance funds
Improve Your Credit Profile
Lenders want reassurance that borrowers manage credit responsibly. Before applying:
- Register on the electoral roll
- Keep credit card balances low
- Avoid missed payments
- Check your credit report for errors
Consider Local Market Conditions
Brighton and Hove remain highly desirable locations due to excellent transport links, coastal living, and strong demand. Understanding local property values and neighbourhood trends can help buyers make informed decisions.
Work With a Mortgage Broker
A mortgage broker can compare products from multiple lenders and help identify schemes suitable for first-time buyers. Professional guidance can save time and improve the likelihood of a successful application.
Next Steps
If you’re planning your first home purchase in Brighton or Hove, speak with our mortgage specialists today for personalised advice and support throughout your journey.