Get a mortgage in principle

Because we have access to over 90 lenders, we’re confident of finding a deal that suits your circumstances.

That said, it’s important that you fill out the mortgage in principle honestly, as any problems will show up when the lenders do their eligibility checks. If you’re worried that you have an issue that could hold up the mortgage application, speak to an L&C adviser today.

L&C won’t conduct a credit check when you apply for our mortgage in principle, so it won’t affect your credit score at all.

Simply, a mortgage in principle just means you’ve got proof that lenders might be willing to lend you a certain amount to buy your home. It also shows sellers you’re serious and helps you budget before you start house hunting.

Whilst a mortgage in principle isn’t a mortgage offer, it’s the first step in the mortgage process.

The simplest answer is nothing. A mortgage in principle, agreement in principle and decision in principle are different names for the certificate that shows how much a lender might theoretically be willing to lend you.

Once you fill out our simple online form, we can email you your mortgage in principle certificate within 20 minutes. Sometimes it can take a little longer, but you’ll generally have a mortgage in principle certificate within a day of applying.

A mortgage in principle from a lender usually lasts between 30 and 90 days  because it’s credit scored. Your L&C mortgage in principle isn’t credit scored, so it doesn’t have a use by date.  

However, if your circumstances change, or the lender’s affordability criteria changes, then it’s best to revisit your mortgage in principle to make sure you’ve got the most up to date certificate.  

That said, you should really be applying for a mortgage in principle before you’ve started looking for properties because it can help you understand your borrowing limits. If your circumstance have changed, you can apply for a new one.

There’s certain information we need to know to get you your mortgage in principle certificate. This includes:

• The sort of mortgage you’re looking for and your deposit
• Your personal details including name, date of birth and contact details of applicants
• Your income details such as salary and any bonuses
• Your outgoings and any debt
• Details about the new home you are looking for or planning to buy

Our online application doesn’t take long, but if you’re short of time you can create an account and pick up where you left off.