If you're not sure about whether this will be your only triathlon or the start of a long career, you could hire a wetsuit for the season. You usually get the option to buy it anyway. No need to worry about that just yet though, leave that until the spring because you won't need it until then.
For the bike you have a few options. You could probably find a decent one second hand fairly cheaply at this time of year, but you need to make sure it's the right size for you. A new one might be UKP500 upwards, but you can pick the size (or get the bike shop staff to pick it for you, which is usually safer). You can hire them for the season the same as wetsuits, and the last option is to go for a complete triathlon package which various companies offer, with bike, wetsuit, running shoes and a few other bits & pieces you'll need (number belt, tri suit, that sort of thing) which are usually pretty good value. Again, ads for those don't usually appear until the spring.