Will a mortgage in principle affect my credit score?
No. A mortgage in principle is either a soft or hard credit check and so does not really affect your credit score.
January 2025
How long does it take to get a mortgage in principle?
This does depend on your financial circumstances and being able to provide the required information for all persons to apply.
Does a mortgage in principle include a deposit?
When keying the details the lender will ask what size deposit you are putting in.
What exactly is a mortgage in principle?
A mortgage in principle is the first step to applying for a full mortgage loan. It includes gathering financial information such as income and spending, and a soft or hard credit check, depending on the lender. Lenders confirm they will provide you with a mortgage for a specific value as long as the information you provided does not change.
Will a mortgage in principle confirm how much I can borrow?
Yes. The purpose of a mortgage in principle is to
July 2023
I’m self-employed, can I still get a mortgage?
Yes, you can. You just have to prove your earnings
How can I check my credit score?
Your credit score has an impact on how much you
What does Loan-to-Value (LTV) mean?
This is mortgage adviser speak for how much the lender
How much deposit do I need as a first time buyer?
You should really aim for a minimum deposit of 5%
Does your no-fee mortgage advice limit my options?
Not at all. All mortgage advisers are paid a commission
