Mortgage in Principle
Answer just a few questions about your income and deposit, then download your MIP certificate. There's no credit check. And it's free.
Get your free MIPShow sellers you're serious
A mortgage in principle (also called an agreement in principle or decision in principle) is a statement from a lender showing how much they'd be willing to lend you. It proves to estate agents and sellers that you're a credible buyer who can afford the property.
- Proves your budget to estate agents
- Strengthens your position when making offers
- No impact on your credit score
- Usually valid for 60-90 days
Your home-buying journey
- Get your MIP - Takes just a few minutes, no credit check
- Start house hunting - Browse properties within your budget
- Make an offer - Show sellers your MIP to strengthen your position
- Full application - We handle the full mortgage application for you
Mortgage in Principle FAQs
- Does a mortgage in principle affect my credit score?
- No. A mortgage in principle typically involves a soft credit check which doesn't affect your credit score. A full credit check only happens when you submit a formal mortgage application.
- How long does a mortgage in principle last?
- Most mortgage in principle certificates are valid for 60 to 90 days. If yours expires before you find a property, don't worry - we can easily get you a new one.
- Is a mortgage in principle the same as a mortgage offer?
- No. A mortgage in principle is an indication of how much a lender might lend you. A mortgage offer is a formal, binding agreement to lend you a specific amount for a specific property after full checks have been completed.