26/08/2026
🏡 First-Time Buyers: What to Expect – Part 5
Your Mortgage Offer & Report to You
Receiving your formal mortgage offer is a big milestone – it means your lender is happy to proceed with your mortgage, subject to any conditions set out in the offer.
Once received, your conveyancer will review the offer, check the lender’s requirements and report to you on the key terms and any important conditions.
As part of the process, you’ll also usually be asked to sign your Mortgage Deed, which secures the mortgage against your new property.
It’s another important step towards exchange and getting the keys to your first home! 🔑
➡️ Next in Part 6: Your Report on Title: What Does It Tell You?