Top Tips for First Time Buyers

If you’re thinking about taking a step on to the property ladder this year and want to buy your first home, take a look at these top tips from our expert sales team at Walton Robinson who advise that preparation is key in ensuring everything goes as smoothly as possible!




We all know that saving for a deposit is the first important step if you’re looking to buy a property. It can seem like an impossible task but setting a goal and organising a direct debit to move money into a savings account each month means you (hopefully!) won’t be as tempted to spend it. Taking time to research and switch your utilities, insurance or other bills to cheaper providers can also potentially save you hundreds per year! If you think you might end up regularly dipping into your deposit savings, consider a fixed rate bond which won’t allow you to make withdrawals without penalties.



Shop around for mortgage providers

Choosing a mortgage for the first time is often a daunting process with such a range of products on the market. Speaking to a financial advisor can help answer any questions you have. They can help you check your credit score, find out which mortgage products are available to you and advise on how much you could borrow.



Market Research

Research into the average house prices in your desired area can be a bonus for you when it comes to making an offer and negotiating a price. Property portals Rightmove and Zoopla are just a couple of sites which feature online house price checkers to help you investigate prices in a certain area, postcode or even a specific street.



Don’t get too carried away

Purchasing your first home is probably be the biggest investment you’ve made so far and it’s a good idea to take your time when making your decision on ‘The One’. It can be tough when there are other buyers competing for the same properties but try to go on a couple of viewings at different times of day to get a fuller picture of the property. Stick to your budget - don’t forget the costs of moving, furniture, surveys, utility set up and any decoration or refurbishment works required.



Stay Organised

Organisation and preparation can make buying your home a much smoother process so try to get all the documents you need up to date and ready to send to the bank or solicitors. Moving house can be up there with one of life’s most stressful experiences but choosing the right estate agent and finance providers who will keep you fully updated throughout the sales process can make a huge difference.


Check out some of our favourite properties we think are perfect for a first-time buyer in Newcastle and the surrounding areas! 

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Walton Robinson can provide expert advice on buying or selling your home whether you’re a first-time buyer or already on the ladder. Get in touch on 0191 243 1000 or email