Get a mortgage in principle

What is a mortgage in principle?

An L&C online mortgage in principle is a certificate showing how much a lender is theoretically willing to lend you. It’s not a guarantee you’ll get a mortgage but it’s the first step in your mortgage journey

The mortgage in principle shows that if you pass a lender’s affordability checks, you might be able to buy a property up to the value shown on the certificate. You can also use it to see what your monthly repayments could be.

Get a mortgage in principle

Use our simple online mortgage finder and:

• See how much you could borrow
• Compare deals from across the market
• Get your mortgage in principle today

Using the online mortgage finder doesn’t mean you have to apply for a mortgage, but it helps you understand how much you can borrow and what your mortgage might cost.

If you want a mortgage in principle, the online mortgage finder is the place to start.

Is a Mortgage in Principle the same as an Agreement in Principle?

There are a few different ways people refer to a mortgage in principle. You might have heard it called a:

• Decision in principle (DIP)
• Mortgage in principle (MIP)
• Mortgage agreement in principle (MIP)
• Mortgage promise
• Agreement in principle (AIP)

Estate agents, building societies, banks and brokers may call them different names. However, they all mean the same thing.