Mortgage in Principle – Get Yours Online with Verifi

What Is a Mortgage in Principle?

A Mortgage in Principle (MIP), also known as an Agreement in Principle (AIP) or Decision in Principle (DIP), is a statement from a lender indicating how much they’d be willing to lend you based on your financial profile. It’s not a formal mortgage offer, but it’s an essential first step in your home-buying journey.
With Verifi Mortgages, you can obtain your MIP online—fast, simple, and with zero impact on your credit score.

Verifi Mortgages decision in principle dashboard showing approved status – fast online mortgage in principle process for UK homebuyers

Why You Need a Mortgage in Principle

Having a mortgage in principle gives you a clear budget and shows estate agents and sellers that you’re a serious buyer. It’s often required before viewing properties or making offers. Most importantly, it helps you:

Understand how much you can borrow
Speed up your home purchase
Strengthen your negotiating power
Spot issues early (e.g. credit concerns or affordability)

Who Offers Mortgage in Principle?

We compare MIPs across top UK lenders including:

Halifax mortgage in principle
Nationwide mortgage in principle
Santander agreement in principle
HSBC decision in principle
Barclays and NatWest MIP tools

This allows you to check what multiple lenders would offer, helping you decide the best next step.

Mortgage in principle lenders compared with Verifi – including Halifax, Nationwide, Santander, HSBC, Barclays and NatWest – with soft credit checks that don’t impact your credit score

How to Get a Mortgage in Principle Online

At Verifi, our process is designed to be hassle-free. Here’s how it works:

Step 1

Complete a Quick Online Form

We ask a few basic questions about your income, employment, and outgoings.

Step 2

Soft Credit Check

We run a soft search (no impact on your credit score).

Step 3

Receive Instant Results

Get your MIP digitally, ready to download or print.

We support both first-time buyers and home movers, with tailored MIPs for each scenario.

Does a Mortgage in Principle Guarantee a Mortgage?

No. A mortgage in principle is an estimate. Once you find a property and apply formally, the lender will carry out full checks:

That’s why it’s vital to keep your documents ready and your credit file clean.

Get My Mortgage in Principle Estimate

Verified income

Bank statement analysis

Full credit score review

Property valuation

Common Questions About Getting an Agreement in Principle

Yes, we help clients every day who have adverse credit history or CCJs. Some lenders specialise in these cases.

Most estate agents now expect it, especially in competitive markets like London and Manchester.

Typically 60–90 days. You can request a renewal or update if circumstances change.

No—they are just different terms used by lenders. They all refer to the same pre-approval step.

How Verifi Mortgages Can Help

Get My Mortgage in Principle Now

At Verifi, we go beyond just issuing a piece of paper. We:

Match you with the right lender for your needs
Flag issues early (like affordability caps or deposit gaps)
Offer expert guidance from start to finish

You’ll know exactly where you stand—and what you can afford.

Start Your MIP in Minutes

Want to know how much you can borrow today?

No credit score impact
Instant results
Trusted UK-wide mortgage advisers

Want to know how much you can borrow today?

Other Useful Tools to Help Your Mortgage Journey

Explore our most popular tools designed to help you make smarter decisions, find better deals, and stay on top of your mortgage options. Whether you’re researching lenders, planning repayments, or tracking interest rates, we’ve got you covered.

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