Get a Mortgage in Principle

It can take just 20 minutes to secure your mortgage in principle

Get in prime position, whether you are a first-time buyer, home-mover or looking to remortgage with a mortgage in principle

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

About a Mortgage in Principle

A mortgage in principle (also referred to as a decision in principle, agreement in principle, or offer in principle) is an estimate from a lender of how much they might be willing to lend you to purchase a property or remortgage your existing mortgage. It’s a useful tool for planning your property search, and shows sellers you are serious and mortgage ready. However, you will still need to navigate a full application before securing a formal mortgage offer.

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Your journey to your Forever Home

Ready to get started? Here’s our four-step journey to your forever home

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Review and renew

reviewing your insurance policies is part of our process, to keep you and your new home protected.

Get Mortgage Ready

we can get you an agreement in principle in as little as 20 minutes.

Let’s get going

book a no obligation consultation at a time to suit you.

A Helping Hand

we don’t just help secure you the right products, but support you all the way through until completion.

getting you mortgage in principle ready

get in prime position with an agreement in principle with forever home mortgages

What do I need for a decision in principle?

We will need to gather some information regarding your income and your outgoings, along with an indication of your deposit level to accurately supply you with an offer in principle. It is useful to have some documents such as income evidence and an up to date credit report available as this can significantly speed up the process.

Our Providers

Forever Home Mortgages has over 100+ lenders available on their panel, which enables us to find the most suitable and cost-effective mortgage options for your circumstances. When securing your mortgage in principle, we will assess the best options given your circumstances and apply to the recommended lender.

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your questions
our answers

Looking to get mortgage ready but unsure of how to start? Let our frequently asked mortgage in principle questions guide you.

what is a mortgage
in principle?

you may have heard this referred to as agreement in principle, offer in principle, mortgage in principle and decision in principle. these terms are all one and the same thing. a mortgage in principle is the initial decision by a lender based on the initial information provided to them and will give an indication of the amount they will be prepared to lend. often this includes a soft foot print left on your credit file. It is not a formal mortgage offer and a full application will need to be completed in order to purchase a property or complete a remortgage.

do I need an agreement in
principle to make on offer?

whilst you don’t officially need to have obtained an agreement in principle to make an offer on a property, it is advisable to do so. it will show the estate agent and vendor you have been financially qualified and credit scored by a lender and is likely to see your offer taken more seriously.

does a mortgage in principle guarantee I will get a mortgage?

a decision in principle is not a guaranteed offer of a mortgage, but an idea of the amount you may be able to borrow. whilst it will give a good indication, a full application is required and will involve further assessments of your income, outgoings and credit history by our adviser and by the lender before a formal mortgage offer is issued.

how do I get a
mortgage in principle?

simply get in touch with forever home mortgages and we can gather the relevant information and if required, provide an agreement in principle then and there and in as little as 20 minutes. if your circumstances are more complicated or your case requires more research, we will aim to provide a decision in principle within 24 hours of your no obligation initial consultation.