This website uses cookies to improve user experience. By using our website you consent to all cookies in accordance with our Cookie Policy. Read more

Get A Mortgage In Principle Decision In 5 Minutes

  • See How Much You Can Borrow
  • Get A Personalised Mortgage Illustration
  • No Impact On Your Credit Rating
  • Takes Just 5 Minutes!
  • Apply Online

This makes our LTV . Invalid LTV.

Hanley Economic BS logo
3.69% Fixed to 27/12/2023 From Hanley Economic BS
Initial rate 3.69%
Monthly cost £613 for 13 months
Overall cost 5.7% APRC
See deal
Molo Finance logo
3.95% Fixed From Molo Finance
Initial rate 3.95%
Monthly cost £630 for 0 months
Overall cost 4.2% APRC
See deal
Molo Finance logo
4.05% Fixed From Molo Finance
Initial rate 4.05%
Monthly cost £637 for 0 months
Overall cost 4.2% APRC
See deal
Darlington BS logo
4.09% Fixed to 30/09/2027 From Darlington BS
Initial rate 4.09%
Monthly cost £639 for 59 months
Overall cost 5.2% APRC
See deal
TSB logo
4.09% Fixed to 30/11/2032 From TSB
Initial rate 4.09%
Monthly cost £639 for 121 months
Overall cost 4.6% APRC
See deal
Kensington logo
4.10% Fixed From Kensington
Initial rate 4.10%
Monthly cost £640 for 0 months
Overall cost 4.4% APRC
See deal
Molo Finance logo
4.18% Fixed From Molo Finance
Initial rate 4.18%
Monthly cost £645 for 0 months
Overall cost 4.4% APRC
See deal
Danske Bank logo
4.21% Fixed to 04/01/2028 From Danske Bank
Initial rate 4.21%
Monthly cost £647 for 62 months
Overall cost 5.1% APRC
See deal
Danske Bank logo
4.21% Fixed to 04/01/2028 From Danske Bank
Initial rate 4.21%
Monthly cost £647 for 62 months
Overall cost 5.1% APRC
See deal
Danske Bank logo
4.21% Fixed to 04/01/2028 From Danske Bank
Initial rate 4.21%
Monthly cost £647 for 62 months
Overall cost 5.1% APRC
See deal

Your home may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it.

See the next 10 mortgages

Compare Mortgage Deals

Compare Top UK Mortgage Deals

  • Complete our 30 second form to find the latest deals
  • Compare quotes for leading UK lenders with an FCA qualified adviser with no obligation
  • Get a mortgage deal that is suited to your needs!

"Our mortgage team is committed to providing you with an excellent mortgage service".

Mortgage details

Initial rate:
Initial rate period:
Overall cost for comparison:
Maximum loan to value:
Product fee:

To find out more, call on

Website:
Lines are open:
Mon: 8am - 8pm
Tue: 8am - 8pm
Wed: 8am - 8pm
Thu: 8am - 8pm
Fri: 8am - 8pm
Sat: 9am - 4pm
Sun: Closed
Calls may be recorded

Your home may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it.

This comparison simply includes all mortgage services

Please make sure you meet the following criteria:

Get A Great Mortgage Deal!

We are 100% independent. Find the best mortgage rates from UK lenders...

Mortgages Direct provides an independent mortgage quotes and advice service. When you submit this form you will be contacted by a regulated mortgage adviser to discuss your options.

Why obtain a mortgage agreement in principle?

Getting a mortgage in principle can be very useful because it gives you certainty you the flexibility to find the right property for you, while also having a good idea of what you will realistically be able to afford to buy based on the amount that the mortgage provider may be willing to lend you.  It is up to you whether you accept the mortgage deal or not within this time frame, and there is no obligation on you as a buyer to follow through with a full mortgage application. Do remember, however, that any formal mortgage offer you do make will still be subject to the mortgage lender’s own affordability testing and credit checks – a mortgage decision in principle is not a guarantee or promise on the part of the lender and they are free to withdraw it at any time or offer you a mortgage on alternative terms if your circumstances change.

How do I obtain a mortgage decision in principle?

 In order to do obtain a decision in principle for getting a mortgage, you will need to approach your chosen lender, who will ask you to provide information such as your personal details and proof of identification, employment, income, and credit information. The lender can then use this information to give you an idea of how much they might be prepared to lend you. As part of the process of obtaining a decision in principle, mortgage lenders will normally conduct a credit check or score, and as these checks can appear on your credit record it’s a good idea not to obtain more agreements in principle than necessary. 

Will getting a mortgage decision in principle affect my credit history?

It’s wise not to approach too many lenders for an agreement in principle because, as previously mentions, it could adversely affect your credit rating. However, on balance it makes sense to obtain a minimum of one agreement in principle as it can be helpful to have one to take with you when viewing properties. A mortgage decision in principle can give you an edge of authority as a prospective buyer – it gives you evidence to show the seller and the estate agent that you are in a realistic position to buy the property and are not wasting their time.

How long is a mortgage decision in principle valid for?

Once you have obtained an initial mortgage agreement in principle, you will usually have a set time in which to decide on whether you want to take up the deal that you have been offered or not. The length of time that a mortgage agreement in principle is valid for will vary from lender to lender, but it is usually likely to be around six months.

Prefer to speak to an independent mortgage broker?

Call Us 0117 403 3464

or complete our online enquiry form

Latest news

Mortgage Rates Set To Rise - Is 2022 A Good Time To Remortgage?

How do you get a low cost mortgage deal for your circumstances...more

Newletter signup

Sign up to our Newsletter to get exclusive news and offers direct to your inbox.

Let's get social now! Twitter Facebook

About us

mortages.direct is a trading style of Fair Investment Company.

We've been comparing and recommending mortgage deals for many years so you can trust you're in good hands.