Mortgage
Buying your first home can feel overwhelming. From understanding how much you can borrow to navigating the offer process, there are several moving parts. The good news is that with the right guidance and a clear plan, the journey becomes far more manageable.
One of the most common questions we hear is: when should I speak to a mortgage advisor?
Our answer is simple. As early as possible.
Before you start browsing properties, it’s important to understand:
This gives you clarity and prevents you from wasting time looking at homes that may not be affordable.
Lenders all have slightly different criteria. Some may favour applicants with higher deposits, others may be more flexible on income. This is where tailored advice becomes valuable, helping you understand your options based on your personal circumstances.
Once you understand your borrowing capacity, you can begin taking practical steps towards your goal. This might include:
The earlier you do this, the better positioned you’ll be when the right property comes along.
When you find a property you like and your offer is accepted, the process moves forward quickly. At this stage, you will typically:
This is also where a structured conversation with your advisor becomes critical.
Following an accepted offer, you will usually have a detailed meeting with your advisor. This is an opportunity to:
It’s not just about securing a mortgage. It’s about making sure the overall solution is right for your situation, both now and in the future.
The mortgage market is complex, and navigating it alone can be challenging. Working with an advisor ensures:
Whether you are planning to buy in a few months or a few years, starting early and seeking advice can make a significant difference.
Email info@thepennygroup.co.uk or call 0207 061 2345 if you have any questions or you would like to speak to an adviser about your home buying journey.
YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE
The Penny Group Ltd is an appointed representative of The Openwork Partnership, a trading style of Openwork Limited which is authorised and regulated by the Financial Conduct Authority.
Approved by The Openwork Partnership on 20/03/2026.
Mortgage & Protection Adviser at The Penny Group.
