The Mortgage Guarantee Scheme is a government initiative designed to support first time buyers in Hull and existing homeowners in securing a mortgage with a low deposit.
This scheme aims to make homeownership more accessible by providing lenders with a government guarantee.
To begin, you will need a 5-9% deposit based on the property’s value.
Once you have this deposit, you can apply for the scheme through your bank or a mortgage broker in Hull.
To qualify for the Mortgage Guarantee Scheme, you must meet specific criteria:
For more information on your eligibility, please get in touch with our mortgage advisors in Hull.
Your home may be repossessed if you do not keep up repayments on your mortgage.
There may be a fee for mortgage advice. The fee is up to 1% but a typical fee is £495.
Our Customers Love Us
176 5 Star Reviews
Harry Foster
These guys have been amazing from start to finish. I spoke to a mortgage broker prior to using them and the previous one wasn't particularly helpful and seemed disinterested. From the very first meeting with my assigned broker (Richard) I was given every necessary detail and talked through every step. They even help with insurance policies. Not to mention they helped me get a much bigger mortgage than I had previously thought possible. Hullmoneyman was recommended to me by a colleague and I would personally recommend them to anyone who is looking to seek mortgage advice or any other services they offer.
16 Jul 2026
Clips of flips
Would really recommend this company. We have used them for quite a few years and always relied on them to find the best deals and have found them to be helpful and professional.
2 Jul 2026
Thomas Frost
After getting let down by another company I'd thought I'd give these a go. Ami and Stacey were amazing and within a few weeks had an approved mortgage offer in place for me
18 Jun 2026
courtney alderson
Highly recommend Moneyman. Had the best experience with Jade and Joe. As myself and my partner are first time buyers we went into the mortgage appointment completely blind. Jade has been there to support us throughout the whole process and ease all of our worries. Joe has been consistently updating us with any progress and they are both very helpful and easy to chat to. Thank you so much for making this experience so easy and calm for us. Will recommend to anyone who is looking for a mortgage appointment☺️
17 Jun 2026
Sam Hesford
Tom, Jo and the team at MoneyMan were amazing. I felt supported, clear on what was happening and stress free at every step. It's worth paying a professional to get you a good deal and take some of the time and effort out of, what is already, a very time consuming and stressful process (buying a house)!
15 Jun 2026
Joe Broadley
Chris Wardill and Jo Parnell have been heroic, made my first time buying a lot more simple and a comfortable experience would highly recommend!
15 Jun 2026
Phillip Goldsmith
Take the guesswork out of getting a mortgage. Professional from start to finish. Initial consultation with the advisor, who then passes you over to specialist admin, that makes sure everything is on order, before application is made. I would highly recommend
13 Jun 2026
clark stephenson
As this was the first house I'd ever bought I was very nervous about the whole procedure. Jason and Stacey were absolutely brilliant from start to finish. No question was stupid and everything was explained thoroughly. Would highly recommend these guys if you're in the market for a house!
10 Jun 2026
Hayley Robertson
Cannot recommend Hullmoneyman enough. I have used them for years and they are always so helpful and thorough. They make the remortgage process so simple. All the team are really friendly and go above and beyond for you. Thank you so much.
13 Apr 2026
Joe Moore
Excellent service from start to finish. The whole process has been made really easy and stress-free. Warren and Paula have both been especially helpful, responsive, and great to deal with throughout. Highly recommend.
25 Mar 2026
During your free initial mortgage appointment, an expert mortgage advisor in Hull will conduct a thorough assessment of your income and expenses.
They will also be able to work out how much you can borrow for a mortgage.
Our team of experts can search 1000’s of deals. This will set you on the right path towards becoming a homeowner.
Following your consultation, we will promptly secure your mortgage agreement in principle (AIP) on your behalf. This can usually be done within 24-hours of your appointment!
Once your offer on a property is accepted, our dedicated mortgage advisors in Hull will take care of submitting your mortgage application and forward any additional documentation required by the lender.
We will never put your application forward if you are going to be declined.
In addition to finding the most suitable mortgage deal for first time buyers in Hull, our team is devoted to helping you obtain comprehensive insurance coverage to safeguard you and your loved ones financially.
This is just a recommendation, not an obligation.
Our team of experienced mortgage advisors in Hull has helped a great number of people find their footing on the property ladder by providing expert mortgage advice in Hull.
Whether you have a complex situation or just need some mortgage advice in Hull, every customer can benefit from a free initial mortgage appointment, so make sure that you take advantage of this!
As an expert mortgage broker in Hull, we can access thousands of mortgage deals to find the most suitable one for your unique situation. It’s not just about finding the right mortgage; we are here to guide and support you every step of the way.
The mortgage case handlers we have working here at Hullmoneyman, will keep you informed throughout the process, so you always know what’s going on.
With over two decades of experience, we possess in-depth knowledge of the market and have handled a variety of complex situations.
Our service is tailored to your specific needs, and we strive to offer a personalised and stress-free experience.
We understand that obtaining a mortgage can be a daunting process, so we strive to make it as stress-free as possible.
we work 7 days a week to suit your schedule and are available for a free initial mortgage appointment either via phone or Microsoft Teams video call.
Our Home Buying App is a digital mortgage coach designed to help you save up, plan, and track your home buying journey – whether you’re buying your first home, or fancy a move.
Download For Free
Speak to an Advisor
7 Days a Week, 8am – 10pm
We value your privacy
This website uses cookies. If you continue to use the site, we will assume that you agree with our use of cookies.