What this milestone means
Instructing your mortgage broker means appointing someone to handle the financial side of your onward move. Even if you're not buying yet, it's essential to understand what you can afford — and when.
A broker will help you:
- Understand your borrowing potential
- Prepare for your next purchase
- Secure the best possible mortgage deal
Whether you're upsizing, downsizing, or buying your next investment, this is about getting financially ready to move forward confidently.
Why it's important
Clarity – You'll know exactly how much you can borrow, and what your monthly payments will be
Credibility – If you find your next home quickly, you'll be ready to make a serious offer with an Agreement in Principle in place
Speed – Brokers can move fast and access deals you won't always find on the high street
What's happening in the background
Mortgage Broker
Will arrange a first appointment with you to explore:
- Your income and outgoings
- How much equity you'll have from your sale
- Your mortgage options based on the current market
If you're not ready to buy yet, they'll still guide you on what you'd be able to borrow and how much things might cost — helping you plan your next move.
Estate Agent
Will usually be in touch with your broker once your onward purchase begins — and may ask for confirmation that your finances are in order.
What you need to do now
Choose your broker
If you don't already have one, your estate agent may recommend a trusted partner — or you can use someone you've worked with before.
Book your first appointment
This is usually done over the phone or via video call. It takes around 30–45 minutes and should always be free.
Get your documents ready
You'll usually need:
- Last 3 months' payslips or accounts
- Proof of deposit (if you're already thinking about your next move)
Next 3 things to prepare for
Get your Agreement in Principle
Once your broker has reviewed your case, this can be issued quickly
Start researching onward homes
Now that you know your budget, you can view with confidence
Be ready to move fast
A serious buyer with funding ready stands out in today's market
Want me to recommend a broker? Just ask me in the Moove Room — I'll introduce you to someone trusted and responsive.
Speak soon,
MeredithAI