Before you start
- Save a deposit — more deposit usually means better rates.
- Check your credit and clear easy issues.
- Get a mortgage agreement in principle to set your budget.
The buying steps
- Find a property and make an offer.
- Apply for the mortgage and get a valuation.
- Instruct a conveyancer for the legal work.
- Exchange contracts, then complete and collect the keys.
Costs beyond the deposit
Budget for stamp duty (with first-time buyer relief if eligible), conveyancing, surveys, and moving costs.
Frequently asked questions
How big a deposit do I need?+
Some lenders accept 5%, but a larger deposit generally unlocks lower rates. Check the stamp duty calculator for the tax side.