Setting Your 2026 Financial Goals: How to Get Mortgage Ready
A new year brings fresh motivation, new priorities, and a renewed desire to take control of your finances. If buying a home is on your list for 2026 — whether you're a first-time buyer or planning your next move — getting financially prepared early can massively increase your chances of securing the right mortgage.
This expanded guide walks you through the key steps to becoming mortgage-ready in 2026, along with practical tips you can put into action right now.
Step 1: Get Organised With Your Documents
Lenders want to see stability, clarity, and consistency. The more organised you are, the smoother your mortgage application will be.
What you should gather:
Last 3 months of bank statements
Payslips (last 3–6 months) or 2 years of accounts/SATRs if self-employed
Proof of deposit (savings, gifted deposit letter, sale of asset etc.)
Employment history or accountant’s details
ID and proof of address
Getting these ready early means no last-minute delays and gives your broker everything they need to find suitable lenders.
Step 2: Strengthen Your Credit Profile
Your credit score plays a huge role in which mortgage products you can access and the rates you’ll be offered.
How to improve it in early 2026:
Check your credit report across all major agencies for errors
Register on the electoral roll at your current address
Make all payments on time — even small ones
Reduce credit utilisation (aim for under 30%)
Avoid taking out new loans or credit cards unless essential
Pay down existing debts where possible
A stronger score can give you access to better, more competitive mortgage deals.
Step 3: Refresh and Rebuild Your Savings Strategy
Growing a deposit can feel overwhelming, but small, consistent steps can make a big impact.
Tips for smarter saving in 2026:
Set up a separate savings pot dedicated to your deposit
Use automatic transfers for stress-free saving
Review your monthly budget and cut subscriptions you don't use
Explore high-interest savings accounts
If eligible, consider a Lifetime ISA (LISA) for the 25% government bonus
Track your progress monthly to stay motivated
Every extra pound saved gives you more flexibility when it's time to apply.
Step 4: Understand Your Affordability
Before you fall in love with a property, it’s helpful to know your realistic price range.
Factors that affect affordability:
Income
Monthly commitments
Credit history
Deposit size
Mortgage product type
An independent mortgage broker can help you calculate accurate affordability based on real lender criteria — not just online calculators.
Step 5: Avoid Common Mortgage-Readiness Mistakes
Many buyers unintentionally make decisions early in the year that complicate their application later.
Try to avoid:
Changing jobs right before applying (if possible)
Large one-off purchases that reduce your deposit
Taking on unnecessary credit
Missing or making late payments
Deposits coming from unclear sources
The cleaner your financial picture, the easier the process.
Step 6: Speak With a Broker Early in the Year
Talking to a broker early gives you:
A personalised roadmap to follow
Clarity around how much you can borrow
Insights into which lenders best suit your situation
Help preparing documents the right way
Confidence knowing you’re on the right track
At Keevelia Mortgage Solutions, we guide you through every step so you feel prepared, supported, and mortgage-ready long before you apply.
Final Thoughts: Make 2026 the Year You Move Forward
Setting financial goals at the start of the year can put you in a strong position to get the mortgage you want — and the home you’ve been dreaming of.
With the right preparation, growing stability in the housing market, and expert support behind you, buying a property in 2026 could be more achievable than you think.