Buying your first home is an exciting milestone but navigating the mortgage process can feel overwhelming, especially in a market that continues to evolve. If you’re planning to step onto the property ladder in 2026, preparation and good advice will make all the difference.
Here’s a clear, step-by-step guide to help you secure your first mortgage with confidence.
Step 1: Understand Your Finances.
Before you start browsing property listings, take time to review your financial position. Look at your income, monthly outgoings, existing debts, and credit score. Lenders will assess all of these when deciding how much they’re willing to lend.
You’ll also need to budget for your deposit. While some mortgages are available with as little as 5% down, a larger deposit usually means access to better rates. Don’t forget additional costs such as solicitor fees, surveys, and stamp duty (if applicable).
Step 2: Speak to a Mortgage Adviser Early.
One of the smartest moves first-time buyers can make is speaking to an independent adviser before making any offers. A whole-of-market broker can assess your circumstances and explain what’s realistically achievable. Early consultation of a trusted mortgage broker like FPM Advice Centre helps you avoid disappointment and ensures you’re searching for homes within your budget. An adviser can also flag potential issues, such as credit history or affordability, before they become obstacles.
Step 3: Get a Mortgage Agreement in Principle.
A Mortgage Agreement or Decision in Principle (AIP or DIP) gives you an estimate of how much you may be able to borrow. While it’s not a formal offer, it shows estate agents and sellers that you’re serious and financially prepared.
Most AIPs can be arranged quickly with the help of a mortgage adviser in Widnes or elsewhere, and they’re typically valid for between 60 and 90 days.
Step 4: Find Your Property.
Once your AIP is in place, you’re ready to start house hunting. Take your time viewing properties and researching local areas. Consider transport links, schools, amenities, and long-term suitability, not just how the property looks on viewing day. When you find the right home, submit your offer through the estate agent.
Step 5: Submit Your Full Mortgage Application.
After your offer is accepted, it’s time to apply for your mortgage formally. This is where having an experienced adviser becomes invaluable. Your broker will gather documentation, submit the application, and liaise with lenders on your behalf. At FPM Advice Centre, advisers handle the paperwork and negotiations, keeping you informed every step of the way and helping to make the process as stress-free as possible.
Step 6: Property Valuation and Legal Work.
Your lender will arrange a valuation to confirm the property is worth what you’ve agreed to pay. At the same time, your solicitor or conveyancer will carry out legal checks, searches, and contracts.
Depending on the property, you may also choose to arrange a more detailed survey for peace of mind.
Step 7: Receive Your Mortgage Offer.
Once everything is approved, your lender will issue a formal mortgage offer. Your adviser and solicitor will review the details with you, ensuring you understand the terms before proceeding.
Step 8: Exchange Contracts and Complete.
Exchange of contracts makes the purchase legally binding. Completion usually follows shortly after, when funds are transferred, and you receive the keys to your new home.
Congratulations! You’re officially a homeowner.
Why Independent Advice Matters.
In 2026’s competitive market, having expert guidance can save you time, money, and stress. Independent advisers search across the whole market, not just one lender, helping you find deals tailored to your circumstances. Whether you’re local to Widnes or looking for a mortgage broker with a knowledge and awareness of Greater Manchester and the North West more generally, working with FCA-authorised professionals like FPM Advice Centre ensures you receive honest, jargon-free advice and support from start to finish.
Your first mortgage doesn’t have to be complicated; with the right guidance, it can be an exciting and rewarding journey. Contact FPM Advice Centre today and start your path to property ownership.