How do I arrange a Decision in Principle?
The initial stage in mortgage application process can be known as; Decision In Principle (DIP), Agreement In Principle (AIP) or a Mortgage Promise… they are all the exact same thing.
Your broker will be able to arrange a DIP for you. They will learn about you and your requirements and apply on your behalf to a suitable mortgage lender. All being well the lender will provide you with a certificate which you can present to Estate Agents to prove you have been accepted in principle for a mortgage.