First time buyers
5 steps to buying your first home
Buying a first home can feel like a lot at once. Here is a simple five-step order to follow, from checking your credit to viewing properties, with Scotland-specific points along the way.
Talk to TonyAt a glance
- A clear five-step plan for first-time buyers
- Access to 100+ lenders and around 28,000 deals
- Rated 5.0 from 235+ Google reviews
Your home may be repossessed if you do not keep up repayments on your mortgage.
There may be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances. The fee is up to 1% but a typical fee is 0.3% of the amount borrowed.
Your five steps
Doing things in this order can save time and stress. Tony can help you at any stage, and it is free to start with a chat.
Good to know
Handy to know
- In Scotland, sellers usually provide a Home Report, and many homes go to a closing date, so it helps to have your mortgage agreed in principle first.
- First-time buyers may qualify for relief on LBTT, Scotland's property tax. Ask us what applies to you.
- Keep your finances steady while you apply. New credit or a change of job can affect your application.
- Our free 5-step plan has more detail and is a handy checklist.
Meet your adviser
Hi, I'm Tony Flynn
I'm a mortgage and protection adviser based in Carluke, helping people across Lanarkshire and Scotland.
I've spent 15+ years in finance and have been named Mortgage Professional of the Year at the Prestige Awards Scotland five years in a row. I'll explain your options in plain English so you know exactly where you stand.
First home questions
How long does it take to buy a first home?
It varies, but allow time to save, arrange your mortgage and complete the legal process. Starting with a conversation can help you plan.
Do I need a mortgage in principle before I view homes?
It is not a legal requirement, but many sellers and agents expect it, and it helps you know your budget. It is not a guarantee of a mortgage.
How much deposit do I need?
It depends on the lender and property. See our low deposit page for more, and speak to an adviser about your situation.
Can my family help with the deposit?
Some lenders accept a gifted deposit from close family. See our gifted deposit page.
Do you charge a fee for mortgage advice?
There may be a fee for mortgage advice. The amount depends on your circumstances. The fee is up to 1% but a typical fee is 0.3% of the amount borrowed. We will explain this before you commit.
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Ready to talk it through?
A quick chat with Tony is a good first step. No jargon, no pressure.
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