Practical preparation

First-time buyer checklist

Prepare the information for a useful first mortgage conversation.

Your plans

Approximate purchase budget and the area or property you have in mind.
Deposit available and where it comes from, including any proposed gift.
Your preferred timescale and who will be named on the mortgage.

Your circumstances

Employment or self-employment details and how your income is received.
Regular spending, debts, dependants and financial commitments.
Any credit history concerns or upcoming changes in circumstances.

Documents to discuss

Valid identification and evidence of address.
Recent income evidence and bank statements requested by your adviser.
Evidence of your deposit and source of funds.
Additional records if you are self-employed or have more complex income.

Costs and questions

Ask about mortgage fees, legal costs, surveys, moving costs and any applicable property tax.
Consider ongoing household costs alongside the mortgage payment.
Ask for explanations of the recommended mortgage and its conditions before proceeding.

General preparation information, not personalised mortgage, tax or legal advice. Document requirements depend on your circumstances and the lender. Speak to your adviser for a tailored list.

Discuss your plans →