Work out what you can afford for a deposit.
With a bigger deposit, you should be able to obtain a lower interest rate on your mortgage.
Speak to a mortgage broker for free to find out what you can borrow (you can ask them to provide you with a 'decision in principle' - this is also sometimes known as an 'agreement in principle').
Shortlist property you like.
Book viewings and go to see the properties.
Ask the homeowner any questions you have about the property or the sale (i.e. is the boiler under warranty or how soon do you want to move).
Work out what you think the property is worth - this may be less than the property is advertised for.View sold prices
Top tip: Don't be afraid of offering under the asking price.
Seller accepts offer.
Instruct a surveyor to carry out a survey (if you want to have one).
Survey shows no issues (that you weren't already aware of).
Let your mortgage broker know you've had an offer accepted (they'll now ask for more details and do a credit check on you to make sure you've told them everything about your finances).
Exchange contracts with the seller - after this neither party can withdraw from the sale. You'll now be told the date when the purchase will complete.
Completion - you get the keys to your new home and can move in!
Learn what the basic terms used by estate agents really mean in our jargon free property buying guide.No non-sense guide to buying property