Buying your first home is a series of small steps. Most first-time buyers in Port Ellery move in ten to fourteen weeks after their offer is accepted.
- Work out your budget with a mortgage calculator
- Get a mortgage in principle from a lender
- Register with agents and tell them what you need
- View homes, ideally twice before you offer
- Make an offer in writing
- Instruct a lawyer and book a survey
- Exchange contracts and pay the deposit
- Complete and collect the keys
Budget for the extras
| Cost | Typical amount |
|---|---|
| Survey | $600 – $1,200 |
| Legal fees | $1,500 – $2,500 |
| Mortgage arrangement fee | $0 – $1,500 |
| Moving | $800 – $2,000 |
Our agents can recommend lenders, lawyers and surveyors who know first-time buyers well.
