The Ultimate First-Time Buyer Mortgage Guide (with Mortgage Broker, Tay Farrid)

Mortgages can be confusing when you’re just starting out.What’s a product fee? Is your overdraft a red flag? Do you really need a large deposit? This week, I sat down with Tay Farrid, a Mortgage Broker studying to become a Wealth Management Advisor. And let me tell you, he breaks it down in the most calm, clear and honest way!

 

If you’ve been feeling overwhelmed by all the financial jargon or you’re not sure where to start, this episode is packed with actionable tips and industry insight that’ll help you feel one step ahead in your buying journey.

 

You’ll Learn:

• The very first thing you should do before even thinking about a mortgage

• What affordability checks really involve (and how to feel confident going into one)

• Mistakes first-time buyers make and how to avoid them

• How self-employed buyers can prepare and improve their chances of getting approved

• What to look out for in the fine print of mortgage deals

 

🎧 Main Talking Points:

• The truth about deposits in 2025 and if “bigger is always better”

• What actually causes a rejection after getting an Agreement in Principle

• How lenders view Buy Now Pay Later, credit cards, overdrafts & more

• Why speaking to a mortgage broker gives you access to more than one lender’s deals

• Is now a good time to buy?

 

Plus Tay’s honest take on the 2025 market 📣

 

Support Our Guest, Tay Farrid!

Tay shared so much value and wisdom in this chat, go give him a follow and reach out if you’re starting your home buying journey!

📍Instagram: https://www.instagram.com/financewithtay/

📩 TikTok: https://www.tiktok.com/@mortgage.news.with.tay

🌐 Website: www.murfittwealth.co.uk

Let him know you heard the episode, he’d love to support you on your journey!

 

🔔 Don’t forget to like, subscribe & hit the bell for new episodes every Monday at 11am!

 

🎧 Listen on: Spotify | Apple Podcasts | or wherever you get your podcasts 📱

 

Come say hi on TikTok: @thehomestretchpod 💌

 

Work with me: thehomestretchpod@gmail.com

 

🎵 Music: Jazzy Night by Audio Library Beats Group Free Download / Stream: https://www.audiolibrary.com.co/audio-library-beats/jazzy-night Music promoted by Audio Library: https://youtu.be/GNV-X6h9Hec