Buying your first home is exciting — but let’s be honest, it can be a bit overwhelming too! Here are the top mistakes I see first-time buyers make, and how you can sidestep them with ease.
1. Not Getting Mortgage Advice Early
Many people start viewing homes before checking their mortgage options. Getting advice early helps you understand your budget and puts you in a stronger position when you find the one.
2. Forgetting About Extra Costs
It’s not just the deposit — there are solicitor fees, valuation costs, and moving expenses too. Budgeting for these early prevents nasty surprises later.
3. Relying Too Heavily on Online Calculators
They’re a good starting point, but they don’t account for your full financial picture. Speaking with a broker means you’ll get a realistic figure that lenders will actually consider.
4. Missing Out on Schemes and Offers
From shared ownership to first homes schemes, there are great options out there — but not everyone knows they exist. It’s always worth checking what support you might qualify for.
5. Rushing the Process
It’s tempting to rush into your first purchase, but take your time. Make sure your mortgage and home choice feel right for you — not just right now, but for the next few years.