Alternatively, if you get an agreement in principle, you can select the mortgage you want to apply for and continue your application online. While we need to protect each other by staying at home, we cannot accept applications in the store. Please call us to apply if you need any advice. Or, if you want to apply without advice, you can apply online. A real estate agent may ask to see your DIP before letting you see a property. You can then download your DIP certificate from our online application portal to share it. If you want to opt for a mortgage without our advice, you can apply online at your own pace. You need to understand that you are responsible for the mortgage you have chosen. You do not receive any advice from us, so you are not protected if you later decide that the mortgage you chose was not appropriate.
You can get an agreement in principle online if you are: if real estate prices fall, your home`s equity may also fall. This could affect your plans for the future. Before applying, you need a DIP. Also known as an agreement in principle (AIP) or a credit certificate, this confirms what we would be willing to lend you. If you receive a DIP, we only do a flexible credit check that does not affect your creditworthiness. Mortgages are subject to underwriting and criteria. Minimum age of 18, only residing in the UK. Mortgages are secured on your home.
You could lose your home if you don`t maintain payments for your mortgage. Warning: Your home or property is at risk if you don`t meet payments for a mortgage or other secured loan. You are not committing to anything at this stage – you are not bound by any particular type of business if you decide to apply to us for a mortgage. Remember that an AiP is not a guarantee that we lend you. Once you have reached your agreement in principle, you can meet with one of our mortgage advisors at a branch or call a member of our mortgage team. Ask for a reminder to fix this. Warning: If you don`t repay your loan, your account will be late. This can affect your creditworthiness, which can limit your ability to access credit in the future. For these applications, please call us on 0800 30 20 10, Monday to Friday from 8am to 6pm, Saturday 8.30am – 4pm. If you are applying for a mortgage, your mortgage must be taken out before March 31, 2021 to qualify for stamp duty. With an agreement in principle, you will have an indication of how much we could lend you. Read more about our changes to new mortgage offers In July 2020, the government announced a temporary stamp duty holiday (also known as stamp duty land tax or SDLT).
This is expected to end on March 31, 2021. I advise you. Call to make an appointment with a mortgage advisor. Mo – Fr: 8 – 18 hours, Sat: 8h30 – 16h (closed on Sundays and public holidays). For more information, see GOV.UK Stamp Duty Guide (opens in a new window). Don`t worry, you don`t have to do anything during the DIP phase. We`ve done part of the application process to get your DIP, so it`s just an app from the beginning of your shopping trip to the end. Find out how much you can borrow, take a break from your application and if you`re ready to apply for a full mortgage, just start where you left off.