We'll get in touch with you as soon as possible about your enquiry. 1 MORTGAGE ENQUIRY AND AGREEMENT IN PRINCIPLE Please complete all sections in BLOCK CAPITALS Adviser name Company FCA number Phone Address Fax Postcode Email Appointed Rep or Directly Authorised: Appointed Rep Directly Authorised Make sure you double-check before asking for one. Our online Mortgage Finder allows you to check your eligibility to see which deals you could qualify for, how much you may be able to borrow and how much it might cost. Some people also refer to it as a mortgage promise. A Decision In Principle (DIP) is also referred to by some Mortgage lenders and estate agents as an Agreement in Principle (AIP). Luckily, some lenders will use a soft credit check for AIPs which doesnt leave a footprint. Dont confuse an agreement in principle with a formal mortgage offer. We'll help you throughout the mortgage process no hidden costs or surprises, just straightforward, honest, mortgage advice. This involves the lender becoming aware of information you didnt tell them for your AIP that can also affect what you can comfortably afford to borrow. Your Mortgage in Principle appointment When completing your Mortgage in Principle appointment one of our mortgage team will check some key eligibility information and complete an affordability assessment. You can make an offer before you have a DIP, but your Decision in Principle will show the seller or estate agent that we'd be prepared to lend to you, subject to your full mortgage application and underwriting. Unlike many lenders our online Decision in Principle doesnt require a credit check so it wont harm your credit score. Why? For more information visit the. Protection for you and your family should the worst happen. To get a formal mortgage offer, you will need to submit a detailed mortgage application with your full personal and financial details and supporting documentation to a lender something that a mortgage broker and advisor such as us here at Mortgage Light will be happy to help you with. An Agreement in Principle (AIP) can also be referred to as a Mortgage in Principle (MIP), Decision in Principle (DIP) or an Approval in Principle (AIP). Or call one of our expert advisers today on: Getting a Mortgage in Principle before you start looking for a property not only helps you work out how much you can afford to borrow, but also shows sellers youre serious about buying. Before applying for a mortgage youll need a Decision in Principle (DIP). If your application is successful, youll receive a formal mortgage offer which is official confirmation from the lender that theyll provide you with a mortgage. You can usually get an AIP within 24 hours and it is normally valid for up to 90 days. Find out more in our guide to Mortgages in Principle and mortgage offers. An agreement in principle is sometimes called a Decision in Principle (DIP), a Mortgage Promise or a Lending Certificate. For many borrowers, it can be done in a matter of minutes after the initial fact-finding which will involve gathering some initial information as well as reviewing your credit history. This could hurt your credit rating if you apply for several of these within a short period of time. This is also known as an Agreement in Principle (AIP) or a Lending Certificate. An Agreement in Principle (AIP) is the first step to getting a mortgage. This wont be seen in searches by other companies. Our dedication to providing our customers with a first class mortgage service has helped us win over 150 awards since 2002, more than any other, Were proud to support Winstons Wish, the UK's leading childhood bereavement charity. 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