Buying a house is a big decision, however it doesn’t have to be overwhelming. Whether you’re a first-time buyer or simply haven’t moved in a while, understanding the steps to buying a house in the UK can make your journey smoother, more manageable, and even enjoyable.
From setting your budget to turning the key in the door, this guide covers what to expect at each stage of buying a home, helping you plan with confidence.
Related: What is a memorandum of sale? A clear guide for buyers and sellers
Why understanding the home buying process matters
The process of buying a house involves multiple stages, each with its own timelines, legal requirements, and potential delays. Knowing what to expect and when, helps you stay organised, reduce stress, and avoid common pitfalls.
If you’re buying for the first time, these insights will also help you feel more confident, more prepared, and more in control throughout the journey.
Budgeting and financial readiness
Before you start browsing properties, it’s important to set a realistic budget. Factor in your savings, monthly income, and debts. Most lenders require a deposit of at least 5–10%, but a higher deposit often gives you access to better mortgage deals.
Securing a mortgage in principle in the UK (also known as an agreement in principle) is a smart move. It shows sellers and estate agents you’re a serious buyer and helps narrow down your property search to homes within your price range.
Related: Understanding solicitors fees: A complete guide for first-time buyers
Accounting for additional costs
Buying a house involves more than just the property price. You’ll need to budget for:
- Legal and conveyancing fees
- Survey and valuation fees
- Mortgage arrangement fees
- Buildings insurance
- Stamp Duty (if applicable)
- Moving costs and setup fees for utilities
Understanding these expenses upfront helps avoid surprises and ensures your finances stay on track.
Related: The cost of buying a home
House-hunting and property viewings
With your finances in place, you can begin searching for properties that meet your needs. Create a checklist of must-haves and nice-to-haves to help you stay focused.
When viewing homes, take your time. Ask questions about the condition, age, running costs, and local amenities. It’s often worth visiting more than once before making a decision.
Making an offer and offer acceptance
Once you’ve found the right home, you’ll make an offer via the estate agent. Depending on market conditions, you may offer the full asking price or negotiate.
If the seller accepts, the home is typically listed as ‘sold STC’ (subject to contract). You’re now in a strong position to begin the legal and financial steps – but remember, the sale isn’t legally binding until contracts are exchanged.
Applying for a mortgage and valuation
Once your offer is accepted, you’ll apply for your full mortgage. The lender will arrange a valuation to confirm the property’s worth.
This valuation is not the same as a survey – it’s purely for the lender’s security. If the valuation is lower than expected, you may need to renegotiate the offer or review your mortgage options.
Related: Fixed or variable rate mortgages: Which one is right for you?
Conveyancing and legal searches
This is where the conveyancing process begins. Your solicitor or licensed conveyancer will:
- Review and prepare contracts
- Conduct local authority and environmental searches
- Confirm property title ownership
- Manage deposit transfer and financial details
- Liaise with the seller’s solicitor
Conveyancing can take several weeks, depending on the complexity of the transaction and the property chain.
Related: What is conveyancing?
Survey options and inspections
A professional survey helps you understand the condition of the property before finalising your purchase. The main home survey types in the UK are:
- Level 1 (Condition Report) – Suitable for newer homes with no apparent issues
- Level 2 (Homebuyer Report) – Ideal for conventional homes in good condition
- Level 3 (Building Survey) – Recommended for older properties or those needing renovation.
This step highlights potential repair costs and give you room to renegotiate, if necessary.
Exchange of contracts and completion
Once legal checks are complete, and both parties are happy, contracts are signed and exchanged. This is when the sale becomes legally binding.
You’ll pay a 10% deposit at this stage. A completion date is agreed, usually within 1–2 weeks of exchange. On completion day, your solicitor transfers the final funds, and you receive the keys.
Related: Exchanging contracts: guide to completion
Insurance, stamp duty and post-completion formalities
Your buildings insurance should be active from the date of exchange. Your solicitor will also handle stamp duty payments (if applicable) and register the transaction with HM Land Registry.
Make sure to update your address with banks, employers, and utility providers once the sale is complete.
Related: Home insurance: everything you need to know
Moving in and after-sale considerations
Now it’s time to move in and make the house your home. Take final meter readings, set up utilities, and review any warranties or appliance manuals left by the seller.
You may also want to consider contents insurance and create a home maintenance plan to keep things running smoothly.
Timeline estimates and common delays
The average house buying process in the UK takes between 8–16 weeks from offer to completion. However, some factors can cause delays:
- Property chains
- Slow mortgage approval
- Legal document issues
- Survey concerns
Working with experienced professionals and staying in regular contact can help reduce the likelihood of setbacks.
Related: What is a completion statement? A step-by-step guide for buyers and sellers | Martin & Co
Alternative routes and first-time buyer schemes
If you’re looking for first time buyer steps, the government offers several schemes that could help:
- First Homes – Discounted new-build properties
- Shared Ownership – Buy part, rent part
- Lifetime ISA – Save with government bonuses
- Deposit Unlock – 5% deposit new-build mortgages
These can make it easier to get on the ladder, especially if you’re buying with a smaller deposit.
Tips to speed it up and avoid pitfalls
- Respond to your solicitor and mortgage provider promptly
- Keep paperwork organised and accessible
- Be proactive in booking your survey
- Choose experienced professionals with local knowledge
- Stay flexible with timelines, especially if part of a chain
Buying a home is a journey, it doesn’t have to be complicated. Speak with your local Martin & Co team for tailored guidance today.
