Same Day Mortgage Agreement in Principle

You've found the property — the one that feels like home before you've even stepped through the door. In a competitive housing market, securing it usually depends on a step you take before you make the offer: getting an agreement in principle for your mortgage.

What is a mortgage agreement in principle?

An agreement in principle, or AIP, is a pre-approval from a lender confirming how much it would be willing to lend you, based on an initial assessment of your finances. It isn't a guarantee of a mortgage, but it is a solid indication of what you can borrow.

Why it matters

1. Visibility. You have a clear understanding of your borrowing capacity, so you can narrow your search to homes within budget rather than spending weekends on properties that were never going to work.
2. A competitive edge. An AIP shows sellers you're a serious buyer with the financial backing to proceed. That can matter a great deal when there's more than one offer on the table.
3. Confidence. Knowing you have a lender's initial approval takes some of the pressure out of house hunting. You can make an offer knowing the financing is within reach.

How to get one

It's a straightforward process. Get in touch and we'll start the application with you, talking through your options and which mortgage product suits your circumstances.

1. Give us the details. You'll need to tell us about your income, employment status, outgoings and any existing debts. Your information is handled confidentially throughout.
2. Receive your AIP. If the application is successful you'll receive an AIP document setting out the amount you're likely to be approved for — and you can start viewing properties knowing where you stand.

Take the first step

Our same-day agreement in principle service is there to give you clarity early, so you can get on with finding the right home. Have a look at our advice for first-time buyers and home movers, or get in touch and we'll get started.