Getting onto the property ladder for the first time is a huge milestone — and in 2026, preparation matters more than ever. With changing mortgage rates, affordability checks and increased competition, the earlier you get organised, the smoother your journey will be.
Here are three essential steps every first-time buyer should take before starting to even look at any properties.
1. Check Your Credit File Early
Your credit file plays a major role in how much you can borrow and what mortgage rates you’ll be offered. Before you even think about booking viewings, check your credit report.
Clients often come to me with just their credit score which does not really mean a great deal. We need to see a detailed report that outlines your credit history.
My recommendation would be with checkmyfile who look at both the two main credit agencies that mortgage lenders use, Equifax and Experian.
Here is a link below, it is free for the first 7 days.
https://www.checkmyfile.partners/KCW6GG/2CTPL
Look out for:
- Missed or late payments
- Incorrect addresses or old accounts
- Outstanding debts you may have forgotten about
If something isn’t right, sorting it early can make a big difference. Even small improvements to your credit profile can open up better mortgage options in 2026’s competitive market. You can call Checkmyfile and go through your credit report with them.
2. Get Clear on Your costs and deposit
Your deposit isn’t just about the minimum amount needed — it directly affects your borrowing power and interest rate. While some schemes allow lower deposits, a larger deposit often means lower monthly payments and more lender choice.
When planning your deposit, remember to budget for:
- Solicitor and legal fees
- Surveys and valuations
- Stamp duty (if applicable)
- Moving costs
Being realistic about your savings will help you set a clear price range and avoid disappointment later on.
Looking at ways to save for a deposit, have a read of one of my previous blogs. “How First-Time Buyers Can Save for a House Deposit in the UK“
3. Speak to a Mortgage Broker
My biggest tip for any first-time buyer is to speak to a mortgage broker as early as possible. A broker can:
- Assess what you can realistically afford
- Explain which lenders are most suitable for your situation
- Help you secure an agreement in principle
- Guide you through government schemes and incentives
- Go through your credit file with you.
- Guide you through the whole buying process.
In 2026, with lending criteria constantly evolving, expert advice can save you time, stress, and money.
Final Thought
Buying your first home doesn’t have to be overwhelming. By speaking to a mortgage broker before you start looking at properties will make the process a lot smoother for you. Provide your adviser with a copy of your credit file and this will help them determine which lenders will lend to you.
If you want to speak to me, please feel to contact me on 0777 587 4126 or email me on daniel@middletonfinance.co.uk
The information contained within was correct at the time of publication but is subject to change.
Your home may be repossessed if you do not keep up repayments on your mortgage.
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