9. September 2021
Below, I`ve given six useful important points about the principle of the mortgage decision: even if you`ve earned an AIP, you may not receive a formal mortgage offer. This can be for a number of reasons, for example. B if you have recently been declared bankrupt, if your financial history is incomplete, or if you have only been employed for a few months. Once you have your agreement in principle, you can look at real estate that falls within your specific price range; That is, the amount you could borrow, plus every deposit you might have saved. Some lenders give you a certificate if they offer a mortgage in principle, which can be useful for showing real estate agents. .