If you have an agreement in principle and you decide to make a full application with that lender, you will need to provide more detailed personal information.
The lender is not obliged to lend you the full amount outlined in the AIP. How much it lets you borrow and at what interest rate depends on a more detailed analysis of your finances. The mortgage lender will look closely at your full financial history, including bank statements, salary and any additional income, employment and address history, how much of a deposit you have, and any other savings. It may be more or less than you had originally anticipated. There are some mortgages specifically for those with bad credit.
The total cost of buying a home How much deposit do I need for a mortgage? The most affordable places to live in the UK Using a mortgage broker vs.
Help to Buy calculator Mortgage repayment calculator Stamp duty calculator. Mortgage repayment calculator Mortgage calculator - borrowing, repayments, stamp duty.
Stamp duty calculator Mortgage repayment calculator. Mortgages The Best Rates Mortgage rates Remortgage deals Best buy to let mortgages Best 2 year fixed rate mortgage deals Best 5 year fixed rate mortgage deals Best 10 year fixed rate mortgage deals Best first time buyer mortgage deals Best fixed rate mortgage deals Best interest only mortgage rates Best variable rate mortgage deals Calculators Mortgage calculator: How much can I borrow? How long does it take to get a mortgage?
How to get your first mortgage The total cost of buying a home Using a mortgage broker vs. How to pay off your mortgage early. Personal Finance Credit Cards Bankrate's guide to credit cards How to improve your credit score How to choose your next credit card What APR is, and how it works The best way to pay for things on holiday Banking How to switch current accounts How to find the best current account Open Banking: What is it, and is it safe?
Should I sell my home before buying a new one? How to buy and sell at the same time The hidden costs of buying and owning a home What is gazumping and how to avoid it Rightmove, Zoopla and the rest: which is best? See more advice guides How to finance your new home How much can I afford? Do I need a mortgage broker? Gifted deposits explained What type of mortgage should I get? How long does it take to get a mortgage? Mortgage agreement in principle Remortgaging Mortgages for the over 50s See more advice guides Buying a new build home Buying a new build home - problems and top tips How to choose the best new home builder New build homes and getting a mortgage New build conveyancing process explained How to fix problems in your new build home Do I need a snagging list for my new build home?
What not to forget when viewing a property Should I use a Buying Agent? How can I get estate agents on side? Making an offer and haggling over the price Clever questions to ask the estate agent How long does it take to buy and sell a home Sealed bids explained See more advice guides Getting a survey What sort of survey should I have?
How much does a survey cost? New build snagging surveys How long does it take to get a survey? The legal side of buying a house The legal side of buying a home explained Finding the right solicitor or conveyancer How much should conveyancing fees cost?
How long does conveyancing take? Leasehold vs Freehold - what's the difference? How much is stamp duty and when should I pay? How do I exchange contracts Completion - what to expect See more advice guides Moving home How to find the right removals company How much do removals cost? Moving House Checklist What is the best day to move house?
Finding the right storage company Can I take my mortgage with me when I move home? You can read more details on how information held by credit reference agencies and fraud prevention agencies may be used. You can also check our full mortgage range [PDF, KB] to see if our other mortgages are suitable for you, download our tariff of mortgage charges [PDF, KB] and read our legal information.
Skip to: Home Content Footer navigation. Back to: Here to keep you moving. Agreement in Principle Take the first step to your mortgage. Start an AiP. Resume an AiP. How long does an Agreement in Principle last? What does an AiP mean? Does a mortgage in principle affect your credit score? So it may affect our decision to lend if you have Been issued with a bankruptcy order in the past 6 years Had a County Court Judgment for debt that you haven't repaid within the past 6 years Been refused for a mortgage or had a home repossessed in the past 6 years Have less than 3 months' employment history How will the information I provide for an AiP be used?
You can ask us for a copy of any of the documents or information mentioned above.
0コメント