Before you scroll through Rightmove, fall in love with "the one," or even book your first viewing… there's one crucial step every first-time buyer needs - and hardly anyone explains it properly.

In this episode of On The Ladder, we're breaking down the Decision in Principle (also known as an Agreement in Principle, Mortgage in Principle, or simply a DIP). This simple document is your very first green light from a lender, proving they're willing - in principle - to lend you money for your new home.

We'll walk you through:

• What a Decision in Principle actually is
• Why you should get one before you start house-hunting
• How a mortgage adviser helps you find the lender that suits your situation
• The truth about credit checks (and why you shouldn't apply for DIPs everywhere online)
• How long a DIP lasts — and what to do if it expires
• Why you should never reveal your full DIP amount to an estate agent
• Whether you can have more than one DIP
• How your DIP becomes a full mortgage application when you find "the one"

By the end of this episode, you'll understand exactly why a DIP is the difference between hoping you can buy a home… and knowing you can.

If you're a first-time buyer, self-employed, on maternity leave, or simply unsure where to start, this episode will give you the clarity and confidence you need to take the next step.

Watch the full episode on YouTube: How to Save for a House Deposit UK | On The Ladder Ep. 1

Follow on Instagram: @the_mortgage_mum

Can't get a mortgage approved - even though you're paying high rent?

In this episode of On The Ladder, Sarah Tucker breaks down a new mortgage product from Gen H that could be a game-changer for first-time buyers struggling with affordability.

It's called a part and part mortgage, and it allows you to buy with just a 5% deposit — while keeping monthly payments lower by putting part of the mortgage on interest-only.

💡 In this episode, you'll learn:

• What a part and part mortgage actually is (in simple terms)

• How it can make homeownership more affordable in today's market

• What kind of income and deposit you'll need to qualify

• Real-life example: how one couple used this to buy their first home

• Why having a broker is key to using this product responsibly

This isn't a fit for everyone but for the right buyer, it could be the stepping stone you've been waiting for.

🎓 On The Ladder is your step-by-step guide to buying your first home in the UK, with expert advice, real solutions, and no jargon.

🎧 Listen now and take your next step On The Ladder.

Or watch the full episode on YouTube - https://youtu.be/zfJHOaGdb-k

🎙️ Buy a Home with Just a 3% Deposit? Here's How.

It might sound too good to be true but with Own New's Rate Reducer scheme, it's absolutely possible.

In this episode of On The Ladder, host Sarah Tucker - founder of The Mortgage Mum and trusted expert featured on This Morning, BBC, and The Times — shares a real-life success story of a first-time buyer who bought their dream home with just a 3% deposit and lower monthly payments.

💡 In this episode, you'll learn:

• What the Rate Reducer scheme is and how it works

• How home builders contribute up to 5% to help with your deposit and interest rate

• A real example: buying a new build in Glasgow with just 3% down

• How to use the Rate Reducer calculator to see your potential savings

• Why the early years of homeownership are key for financial stability

🎓 On The Ladder is your monthly, step-by-step guide for UK first-time buyers — no jargon, just real advice, practical tools, and empowering stories to help you move forward.

📅 New episodes every month – Mondays at 10am
🔔 Subscribe and follow to never miss an episode

📲 Try the calculator: https://ownnew.co.uk
🔗 More guidance: www.themortgagemum.co.uk

📱 Follow us on social:
Instagram: @the_mortgage_mum
TikTok: @themortgagemum