How long does the mortgage application process take?

Typically 4–6 weeks, depending on lender, property and document turnaround.

Can I apply for a mortgage before finding a property?

Yes. An Agreement in Principle sets a clear budget and strengthens offers.

Do I need a high credit score to get a mortgage?

A higher score helps, but specialist lenders also consider applicants with moderate scores.

How much deposit do I need for a mortgage?

Often 5–20% depending on product, LTV and profile. Larger deposits can improve rates.

Can I apply if I’m self-employed?

Yes. Many lenders accept contractors and the self-employed with appropriate evidence.

First Time Buyers in 2026: The Mistakes We See Every Week

Most first time buyers don’t fail because they’ve done something reckless.

They fail because they’ve done something normal — based on advice that no longer fits how mortgages are assessed in 2026.

We speak to first time buyers every week who earn decent incomes, have savings behind them, and still feel surprised when applications slow down, change, or don’t go the way they expected.

The same issues come up again and again. Not dramatic mistakes — just small assumptions that quietly cause problems later in the process.

Below are the most common ones we see.

The Mistakes That Catch Buyers Out

Starting viewings before understanding affordability

Many buyers fall in love with a property before knowing what lenders are realistically willing to offer. When affordability comes in lower than expected, it leads to disappointment or rushed decisions.

Assuming a good salary equals easy approval

In 2026, income level matters less than income structure. Variable pay, probation periods, recent job changes, or rising costs can all affect outcomes.

Ignoring spending because there’s no debt

Subscriptions, regular discretionary spending, and short-term credit that’s cleared monthly still influence lender decisions.

Relying on online calculators alone

Mortgage calculators provide estimates, not decisions. They don’t factor in lender-specific stress testing or future pressures.

Applying too quickly after improving credit

Quick improvements look good on paper, but lenders still prefer stability over time.

Case Studies

Case Study 1: Sophie – Norwich

Sophie had saved a 5% deposit and assumed her salary meant approval would be straightforward. What caused delays was her recent job move and probation period.

The income wasn’t the issue. Timing was. Once expectations were reset and the right lender chosen, her purchase went ahead without overstretching.

Case Study 2: James and Hannah – Stockport

James and Hannah had no debt and strong credit scores. What they hadn’t considered was how childcare costs starting later that year would be viewed.

By planning for this early, they avoided last-minute changes to their borrowing and chose a mortgage that still felt comfortable once costs increased.

Case Study 3: Aaron – Plymouth

Aaron relied heavily on online calculators and viewed properties at the top of his estimated budget. When lender affordability came in lower, he felt stuck.

After reassessing realistically, he secured a mortgage that allowed him to buy without constant financial pressure.