First-Time Buyers
Your first home, done right
Buying your first home is one of the biggest financial decisions you'll ever make. We make sure you do it with confidence — guiding you from "I think I'm ready" to getting the keys.
Important: Your home may be repossessed if you do not keep up repayments on your mortgage.
How the process works
We guide you through all six stages of buying your first home.
Find out how much you can borrow
Before you start viewing properties, it's vital to know your budget. We'll review your income, outgoings, and credit position to give you a realistic figure — and a Decision in Principle if required.
Get a Decision in Principle
A DIP (or AIP) from a lender shows estate agents you're a serious buyer. We arrange this for you quickly, usually without a hard credit search. An Agreement in Principle shows how much you may be able to borrow based on the information you provide. It is not a mortgage offer and is subject to full application and credit assessment.
Make an offer & apply
Once your offer is accepted, we complete the full mortgage application on your behalf, liaise with the lender, and keep you updated at every stage.
Valuation & survey
The lender will instruct a valuation of the property. We can also advise on whether you need a more detailed survey and what to do if issues are found.
Mortgage offer & exchange
When the mortgage offer is issued, your solicitor handles the legal side, culminating in exchange of contracts — at which point the purchase is legally binding.
Completion & keys!
On completion day, funds are transferred, and you get the keys to your new home. We'll also make sure you have the right buildings and contents insurance in place.
First-time buyer FAQs
Common questions we get from first-time buyers.
How much deposit do I need as a first-time buyer?
Most lenders require a minimum of 5% of the purchase price, though some first-time buyer schemes allow less. A larger deposit (10–20%) gives you access to lower interest rates.
What is a mortgage in principle (MIP)?
A mortgage in principle (also called a Decision in Principle or Agreement in Principle) is a certificate from a lender indicating how much they'd be willing to lend you, subject to a full application. It's not a guarantee but it helps with house hunting. An Agreement in Principle shows how much you may be able to borrow based on the information you provide. It is not a mortgage offer and is subject to full application and credit assessment.
Will I need a solicitor?
Yes. A solicitor or licensed conveyancer handles the legal transfer of the property. We can recommend local solicitors if you don't already have one.
Are there any government schemes for first-time buyers?
Several schemes exist, including Shared Ownership and the First Homes scheme. The availability of schemes changes over time — speak to us for the most up-to-date information.
How long does the mortgage process take?
From application to mortgage offer typically takes 4–8 weeks, depending on the lender and complexity of your case. The full house purchase process (application to completion) is usually 2–4 months.
Important: Your home may be repossessed if you do not keep up repayments on your mortgage.
Get in touch
Ready when you are.
No pressure. No jargon. Just honest advice from people who genuinely care.
Your home may be repossessed if you do not keep up repayments on your mortgage.