First Mortgage Paisley

First Mortgage Paisley The UKs most trusted broker with a fee free service. Expert mortgage and protection advice.

Understanding mortgage terms can feel like learning a new language! Here's a quick guide to some common jargon to help y...
11/06/2026

Understanding mortgage terms can feel like learning a new language! Here's a quick guide to some common jargon to help you on your home journey:

Agreement in Principle (AIP): An initial assessment from a lender estimating how much they might lend you. This is your “due diligence” before offering on a property.

Loan to Value (LTV): The ratio of your mortgage amount compared to the property's value. A higher deposit means a lower LTV, which usually gets you a better interest rate!

Affordability: This is how lenders work out what you can comfortably repay each month. They’ll look at your income, regular spending, existing credit commitments, and even potential future rate changes to make sure your mortgage stays manageable both now and in the future.

29/05/2026

🏡 FIRST TIME BUYERS - THIS COULD HELP GET YOU ON THE LADDER 🪜

The Scottish Government has announced a return of the First Homes Fund, expected to open for applications by the end of June. You could receive a £10,000 contribution towards your first home through a shared equity scheme.

Key points:
✔️ Up to £10,000 deposit contribution
✔️ Available for properties up to £300,000
✔️ Open to first-time buyers in Scotland
✔️ Available on new build and existing homes
✔️ The Scottish Government will hold an equity share in the property

More details and application guidance are expected soon from the Scottish Government.

Send us a DM or call the team on 0141 255 0543 and we’ll help get you mortgage ready ahead of the new fund launching. Demand is expected to be high so reach out now to avoid disappointment.

Your home may be repossessed if you do not keep up repayments on your mortgage. This post is for information purposes only and does not constitute financial advice.

Another great low deposit option for our clients!
28/05/2026

Another great low deposit option for our clients!

21/05/2026

Mortgage rates got you wondering? We're here to help you navigate the latest changes. Get in touch today for a free, no-obligation chat! Call us on 0141 255 0543.

This is what it’s all about
30/04/2026

This is what it’s all about

🏡 Planning on buying your dream home in Scotland this summer? Getting your paperwork in order upfront can make your mort...
16/04/2026

🏡 Planning on buying your dream home in Scotland this summer?

Getting your paperwork in order upfront can make your mortgage application much smoother and far less stressful.

To help you get started, here’s a handy checklist of documents you’ll want to have ready:

• Proof of ID: Your current passport or driving license.
• Proof of Address: A recent utility bill or bank statement (dated within the last 3 months).
• Income Verification: Your last 3 months' payslips (or employment contract if less than 3 months in role) and bank statements showing your salary being credited.
• Proof of Deposit: Your last 3 months' bank statements clearly showing the funds for your deposit.

Having these documents ready can save you time and stress when you’re ready to apply and help keep your home-buying plans on track.



📞 Ready to talk about your mortgage options?
Get in touch with our team now on 0141 255 0543 and let’s make your move a reality!

🏠

11/04/2026

Donald Connell from First Mortgage Paisley is helping residents navigate the current Mortgage Squeeze...

"With interest rates and oil prices causing uncertainty for many households across Renfrewshire, we know that mortgage renewals are a top priority for our community right now. To help you stay ahead of the curve, we have opened up our diaries to provide additional appointment slots to support more local residents. Remortgage clients with renewals due anytime up to October can book an appointment now, and we will carry out a 'Financial MOT' and secure the best products available to you."

Contact First Mortgage Paisley on 0141 255 0543

🧩 Mortgage Jargon Buster: The Big ThreeConfused by the mortgage maze? You’re not alone. Here is a breakdown of the three...
09/04/2026

🧩 Mortgage Jargon Buster: The Big Three

Confused by the mortgage maze? You’re not alone. Here is a breakdown of the three most common ways your interest can be structured:

🏠 The Fixed Rate

Your interest rate is locked for a set period (usually 2, 3, 5, or 10 years).
How it works: Your payment and interest rate remain identical every month, regardless of whether the Bank of England changes interest rates.

📈 The Tracker

A variable rate that is linked to an external factor, typically the Bank of England base rate.
How it works: If the base rate moves up or down, your monthly mortgage payment automatically adjusts to follow it.

🔄 Standard Variable Rate (SVR)

The default rate your lender moves you to once your initial deal (Fixed or Tracker) ends.

How it works: The lender sets this rate themselves. It is usually significantly higher than specific deals, so most homeowners aim to avoid staying on an SVR for long.

Our Promise: We monitor your deal and will reach out to you well before you land on an SVR to discuss your next options.
Which one fits your plan? It comes down to whether you prefer the certainty of a set payment, the movement of a market-linked rate, or the flexibility of an SVR.

👉 Have a question about mortgage terms? Call us on 0141 255 0543!

This post is for information purposes only and does not constitute financial advice. Your home may be repossessed if you do not keep up repayments on your mortgage.

🏛️ The Paisley Renaissance: 2026 MilestoneThe transformation of Paisley Museum has reached a major turning point. With t...
02/04/2026

🏛️ The Paisley Renaissance: 2026 Milestone

The transformation of Paisley Museum has reached a major turning point. With the £68.7 million construction phase now complete, the project has moved into its final "fit-out" stage, preparing for a grand public reopening in the second half of 2026.

The 2026 Landscape

This isn't just a museum; it’s the anchor of a decade long investment in Paisley’s town centre:

A-Listed Restoration: The main building and Coats Observatory have been fully restored, doubling the available gallery space.

Modern Landmarks: A striking new red-glass entrance and panoramic extension now front the High Street.

Cultural Hub: The museum joins the completed refurbishments of the Town Hall, Arts Centre, and the new Learning and Cultural Hub.

Long-Term Impact

Large-scale heritage projects traditionally act as economic catalysts. By attracting an estimated 125,000 visitors per year, the museum provides a permanent anchor for local businesses and long-term stability for the surrounding residential community.

Planning a move in Renfrewshire this year? We’re here to help you navigate the 2026 market.

Call 0141 255 0543 for a no obligation chat. 💬👇

Confused by the recent mortgage headlines? You aren't alone. 🏠Navigating the current mortgage market can feel like a bit...
26/03/2026

Confused by the recent mortgage headlines? You aren't alone. 🏠

Navigating the current mortgage market can feel like a bit of a rollercoaster. 🎢

Even when the Bank of England Base Rate stays put, mortgage deals often fluctuate. This is because lenders price their fixed-rate deals based on "swap rates"—the wholesale costs banks pay to one another.

As the chart below shows, these rates have been volatile lately. When wholesale costs rise, lenders often have to adjust their interest rates quickly.

Whether you're looking to buy your first home or are worried about re-mortgaging later this year, there is no substitute for professional advice. We can’t give specific recommendations over Facebook, but we are here to chat through your options in a no-pressure environment.
👇 Drop a comment or send us a message to schedule a consultation.

Disclaimer: YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

Address

Unit 30, Sir James Clark Building
Paisley
PA11TJ

Opening Hours

Monday 9am - 5:30pm
Tuesday 9am - 5:30pm
Wednesday 9am - 5:30pm
Thursday 9am - 5:30pm
Friday 9am - 5:30pm
Saturday 9am - 4pm

Telephone

+441412550543

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