09/06/2026
Buying your first home? 🏡�Here’s how the mortgage application process works in the UK 👇
1️⃣ Check your budget�Before anything else, work out what you can afford.�Lenders will look at your income, spending, debts, and credit score.
2️⃣ Save your deposit�Most buyers need at least 5% deposit.�The bigger the deposit, the better the mortgage deals can be.
3️⃣ Get a Mortgage Agreement in Principle�This is a quick check from a lender showing how much they may lend you.�It helps when making offers on properties.
4️⃣ Find your home 🏠�Once you find the right property, you can put in an offer.
5️⃣ Submit your full mortgage application�You’ll send documents like:�✔️ Payslips�✔️ Bank statements�✔️ ID�✔️ Proof of deposit
6️⃣ Property valuation�The lender checks the property is worth the amount you’re paying.
7️⃣ Mortgage offer issued 🎉�If everything looks good, the lender sends your official mortgage offer.
8️⃣ Legal work begins�Your solicitor handles contracts, searches, and all the legal checks.
9️⃣ Exchange contracts�This is when the purchase becomes legally binding.
🔑 Completion day�The money is transferred, you get the keys, and the home is yours!
Buying your first home can feel overwhelming, but with the right guidance it becomes much simpler ✅🏡👌🏻
