05/09/2026
Whilst it’s not a legal requirement, many estate agents won’t accept a buyer’s offer until an agreement in principle is in place. Having a mortgage agreement in principle before making an offer on a home can strengthen your position as a buyer. It shows sellers you’re serious and have the financial backing to proceed.
The agreement gives you an idea of how much you can borrow and helps you understand your budget better. It can also speed up the buying process once your offer is accepted.
Need help navigating the mortgage process? Get in touch today.
Call Ian on 07393 356099 or Jane on 07851 234376 for professional, friendly, free initial no obligation advice from advisers with over 50 years combined mortgage advising experience.