Work out what you can comfortably afford each month, not just what a lender may offer.

Factor in:

• Mortgage payments.
• Council tax.
• Utilities.
• Insurance.

Keep an emergency fund after your purchase.

• Review your credit report before applying.
• Ensure you're registered on the electoral roll.
• Avoid taking on new credit commitments before your mortgage application.
• Maintain all existing payments on time.

You'll need funds for:

• Solicitor/conveyancing fees.
• Survey costs.
• Mortgage arrangement fees (if applicable).
• Moving costs.
• Furniture and home improvements.

Before speaking to a mortgage adviser, gather:

• Proof of ID.
• Proof of address.
• Last 3 months' payslips.
• Latest P60.
• Bank statements.
• Evidence of deposit.

Self-employed applicants should also have:

• SA302s and Tax Year Overviews.
• Business accounts where applicable.

An AIP can:

• Show estate agents you're a serious buyer.
• Give you a clearer idea of your borrowing potential.
• Help strengthen your position when making an offer.

Consider:

• Location and commute times.
• Local schools and amenities.
• Future plans (family, work, lifestyle).
• Property condition and potential renovation costs.

A survey can identify:

• Structural issues.
• Damp.
• Roof problems.
• Hidden repair costs.
• Spending a little upfront could save thousands later.

Until your mortgage completes:

• Don't change jobs unless necessary.
• Don't take out loans or finance agreements.
• Don't make large unexplained transactions.
• Avoid excessive spending on credit cards.

1. Agreement in Principle
2. Property search
3. Offer accepted
4. Mortgage application
5. Valuation and survey
6. Conveyancing
7. Exchange of contracts
8. Completion and collection of the keys

No question is too small when buying your first home.

Make sure you understand:

• Mortgage terms.
• Interest rates.
• Monthly payments.
• Fees and charges.
• The timeline and process.

CrowNEST Mortgages can help you understand your options, explain affordability, and guide you through the process from application to completion.