Buying a House as a Single Woman: 9 Things You Need to Know

Buying a house as a single woman can feel like an extreme sport- especially in this economy. With rising prices, outdated gender pay gaps, and most first-time buyers applying as couples, it’s easy to wonder if the system is rigged against you. But here’s the thing: you can do this. It just takes a little strategy, a lot of patience, and a rock-solid game plan. Here’s what you need to know before diving into homeownership as a single woman.

1. It’s Your Decision- Own It

Forget the outdated idea that buying a home is something you do with a partner. If you want to be a homeowner, that’s reason enough. Maybe you’re done with unpredictable landlords, sick of paying someone else’s mortgage, or just ready to put down roots. Whatever your motivation, remember: this is your life, your investment, and your decision.

2. Stop Scrolling Listings Until You Know Your Budget

We’ve all been there- falling in love with a dream home on Rightmove, only to realise it costs more than our entire net worth. Before you get emotionally attached to a place you can’t afford, sit down with your finances. Figure out how much you can comfortably spend, including mortgage payments, bills, and a rainy-day fund. Trust me, it’ll save you heartbreak later.

3. A Single Income Won’t Hold You Back (If You’re Smart About It)

Sure, buying as a couple might mean a bigger budget, but don’t assume that flying solo puts you out of the game. Lenders care about affordability- if you’ve got a stable income, low debt, and a decent credit score, you’re already in a strong position. A mortgage adviser can help you maximise your borrowing potential and find the best deals.

4. Your Deposit Is Just the Beginning- Budget for Extras

If you thought saving for a deposit was the hard part, buckle up. There are more hidden costs than an overpriced London cocktail- legal fees, surveys, mortgage arrangement fees, and potentially Stamp Duty (if your home is over £250,000). Oh, and don’t forget moving expenses and those inevitable “Wait, why doesn’t this place have curtains?” moments.

5. Ask the Right Questions at Viewings

House hunting is not the time to be polite. Get nosy. Ask why the sellers are moving, what’s included in the sale (lightbulbs and carpets are not always guaranteed!), and how much the bills cost. Check water pressure, WiFi strength, and whether the house has any major structural issues. And if it’s a leasehold, find out how many years are left on the lease- banks won’t touch anything with less than 70 years.

6. Your Solicitor Is Basically Your Home-Buying Bodyguard

A solicitor (aka conveyancer) is there to make sure you don’t accidentally buy a money pit. They’ll handle all the legal checks, review contracts, and ensure there are no nasty surprises- like discovering your dream home is built on a sinkhole. It’s a slow process (think weeks, not days), but patience is key.

7. Freehold vs. Leasehold- Know the Difference

If you buy freehold, you own the property and the land it sits on. If you buy leasehold, you only own the property for a set number of years and pay ground rent to a freeholder. Leasehold properties also come with extra fees and rules, so always check the small print before committing.

8. Chains Can Make or Break Your Move

If the seller needs to buy a new home before selling to you, welcome to the nightmare known as a property chain. The more people involved, the longer (and riskier) the process. Buying a chain-free property is ideal, but if that’s not possible, be prepared for delays- or even the deal falling through before contracts are exchanged.

9. Expect the Process to Take at Least 12 Weeks

Even if everything goes smoothly, expect a three-month journey from offer to completion (and that’s if the stars align). Mortgage approvals, legal checks, and surveys all take time, so don’t start shopping for furniture until you’ve exchanged contracts. Deep breaths- it’ll be worth it.

Buying a house as a single woman is totally possible, and you don’t need to wait for a partner to do it. Yes, the process is long, sometimes frustrating, and definitely expensive- but the independence and security are priceless. Do your research, trust your instincts, and get ready to pop that champagne when you finally get the keys.

Contact us:

mark@daviesdavies.co.uk – Sales Director (contact for sales, lettings and new homes)

katrina@daviesdavies.co.uk – Head of Property & Block Management (contact for property and block management)

Davies & Davies Estate Agents, 85 Stroud Green Road, London, N4 3EG

Article & images by Barefaced Studios

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