Sick of renting? Planning to move in with your partner? Just want to put your own paint on the walls?
There are many reasons to want to buy your own place, so if you feel like any of them resonate, this guide is for you - whether you're already looking at properties or plan to buy in a couple of years.
Even if you're not sure you can afford to buy, read on: there are several Government schemes to help you get on the ladder, as well as ways your parents can help you with the cost.
Buying can take months – even years – so let's get started.
The first part of buying a home is undoubtedly the most fun.
Don't be put off buying a home because you think you can't get a mortgage. There are mortgages out there to suit a wide range of incomes and deposits or even no deposit at all.
Plus see how your parents can help you get on the property ladder, without giving up their savings.
Getting enough money to buy doesn't just mean the mortgage deposit. If only.
You'll need cash upfront for a whole range of services - from surveys to Stamp Duty - so it's vital you take these costs into consideration.
Help to Buy greatly expands what properties you can afford.
The Government will loan you 20% of the money, or 40% in London, on properties up to £600,000. You will also still be eligible for a mortgage.
What's even better is you won't be asked to make any repayments for the first five years, giving homeowners a chance to settle in.
This scheme is definitely not for everyone, there are limitations on what properties are on offer and you a plan for paying interest repayments once they kick in.
If you’re prepared to live with friends or siblings, a mortgage could save you both money on renting and it can set you up financially for when, or if, you do settle down.
You'll also be able to combine your deposit savings to get a far larger mortgage then you would by yourself.
There is no difference to a mortgage broker if you are buying as a couple or friends and you’ll be given the same choice of mortgages.
If you have enough of a deposit for a mortgage, yet it's not quite enough for a house in the region you were hoping for, a shared ownership scheme might be for you.
These little-known Government schemes mean buyers can purchase 25-75% of the property and will have a lower mortgage.
The downside is you also have to pay rent to a local authority that owns the other portion and they take a percentage of the rent when you move out.
These two Government schemes help tenants of council housing or the housing association to purchase the property they are currently living in.
They are greatly helpful for those struggling to save for a deposit while finding the money to pay their own rent.
In Rent to Buy, rent is offered for cheaper and the tenant is allowed to buy their house in stages. With Right to Buy the tenant is given a discount on the asking price of the property they live in.
If you're buying your first home in Scotland, Wales or Northern Ireland, the process is a little bit different to in England.
Firstly, where Northern Ireland and England have Stamp Duty on properties, Scotland and Wales have Land & Building transaction tax.
Secondly, in Scotland, solicitors take the lead instead of estate agents. Also, make yourself informed about the different government help schemes available in Northern Ireland, Scotland and Wales.
Once you've decided you've saved enough money to get to the stage of applying for a mortgage, there can be a lot of confusion actually deciding which bankers, brokers and comparison sites are best.
Going to a bank at first may seem like the obvious option, however, you could save money if you are willing to talk to a mortgage broker.
We've teamed up with Compare the Market to help you find a cheap mortgage that reflects your financial situation. Compare mortgage rates here or, if you would like more information first, head this way for more advice on how and where to get a mortgage as a first-time buyer.
Got the mortgage sorted? Congratulations!
Unfortunately, you're not quite done yet. Buying a home involves dealing with sellers, solicitors and irritating delays - including some problems that could send you back to square one.
The final days of buying a home can be fun but stressful: picking up the keys, packing furniture and persuading friends and family to help you move.
All worth it of course for that glorious moment of opening your own front door.
Just don't forget you're now saddled with a mortgage and bills, the costs of which can be terrifying.
Are you a first-time buyer, or just bought your first property? Is there anything we haven't explained, or do you have any tips to share? Please give us your feedback in the comments below.