What are the stages of buying a home?

Buying your first home can feel overwhelming, but it doesn’t have to be. Think of it as six stages, each bringing you closer to that moment when you finally turn the key in your new front door.

Let’s take a look at what to expect along the way.

Stage 1 - Get your finances in shape

Before you start house hunting, it’s worth taking a good look at your money. Make sure your finances are in order so you’re ready to move quickly when the right home comes along.

• Check your overall financial health
• Take a peek at your credit score and see if it can be improved
• Start saving for your deposit

Stage 2 - Understand your mortgage options

Next up: mortgages. This is where you figure out how you’ll pay for your new home and get an agreement in principle, which shows sellers you’re serious.

• Decide how you’ll fund your purchase: deposit plus mortgage, shared ownership, or help from family
• Choose the mortgage type that fits your needs
• Apply for a Mortgage in Principle

Stage 3 - Find your perfect home

Now the fun part: looking for your home! Research the market, save your favourites, and arrange viewings. When you find the one, go ahead and make an offer.

• Explore the housing market and save your favourite properties
• Book viewings and take notes on what matters to you
• Make an offer on the home you love

Stage 4 - Navigate the buying process

Once your offer is accepted, it’s time to handle the legal side of things. This stage involves solicitors, surveys, and securing your mortgage so you can move towards exchanging contracts.

• Hire a conveyancing solicitor
• Complete searches and enquiries
• Finalise your mortgage
• Conduct surveys on the property
• Sign contracts and exchange
• Complete your purchase

Stage 5 - Moving in

Moving day is exciting, but it also requires planning. Decide whether to hire movers and make sure everyone knows your new address.

• Choose if you’ll use a removal company
• Notify companies and services of your change of address
• Update GP, dentist, and other local services if needed

Stage 6 - Settling into your home

Congratulations. You’re a homeowner! Now it’s time to make your house safe, efficient, and truly yours.

• Check your home’s safety and security
• Explore smart home gadgets to make life easier
• Improve energy efficiency and sustainability