Get a Mortgage in Principle in Scotland Today!
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Get started today and contact us to search a huge range of products, with instant access to 96 Lenders and over 12K products. Our team can secure the best today, with no impact on your credit score. But don’t worry – this can be changed if rates go down!
Offering free, no obligation advice and free guidance, our advisers can unlock the best rates on the market.
An mortgage in principle (offer in principle / decision in principle / agreement in principle) is a preliminary decision by the lender that indicates how much they would be willing to lend based on the initial set of facts that we present to them. This means it is not a formal offer and you are not able to complete a purchase or a remortgage with just a decision in principle.
Key Facts:
- Indicative quote on what you can borrow
- Often a soft foot print on your credit file
- Used to understand and illustrate how much you can borrow
- Demonstrates the buyer to be a serious buyer and financially capable
- Helps speed up the mortgage process when proceeding
Simply contact one of our specialist advisers will gather the information from you and search all our lenders criteria. Within a matter of minutes, with the information you have provided, we can understand your affordability and options with getting a mortgage. If desired and/or required by an Estate Agent or Seller, we can run a decision in principle for you there and then.
Our systems at The Mortgage Broker Scotland allow us to quickly establish whether or not you can get a decision in principle. In fact, to get an initial indication and acceptance from a lender, we only require the following:
- Details of Income
- Outgoings and Existing Credit
- Deposit Amount
No. As a mortgage broker, we are able to do a soft search on your credit score which will not impact your credit score. Getting an offer in principle can be done without affecting anything as we just need to check your details with credit reference agent.
This is the formal agreement and offer of a mortgage from the lender. This means the lender, following a full fact check of the applicants circumstances, is willing to loan the agreed amount on the designated property.
Key Facts:
- Formal binding agreement by way of contractual commitment
- Subject to legal processes and property surveys
- Full search on credit report has been successfully approved
- Thorough assessment of applicants finances has been approved
- Illustrates the terms and conditions of the loan
- Includes loan amount, interest rate, repayment terms and any other conditions
Free Quote with No Obligation!
At The Mortgage Broker Scotland, our advanced technology assesses your borrowing capacity and scours deals from over 96 lenders. This allows you to quickly determine your affordability and identify the best mortgage options. Additionally, we provide an instant Mortgage in Principle (MIP) with no obligation and no credit checks required. This allows you to quickly determine your affordability and identify the best mortgage options.

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Really recommend the team… top class and would use them every step of the way. The portal for uploading documents is also very easy to use.
Why Use The Mortgage Broker?
Access instant advice, and search for the best mortgage rates today with Free, no obligation mortgage advice you can count on. Looking to purchase a property? Then get yourself mortgage ready and become an active buyer with a mortgage in principle. Whether you have found a house or not, The Mortgage Broker can act quickly and get you in the position you need to be to purchase that house you are looking for!
No matter what your financial circumstances or where you want to live, we can help.
We’re here to answer all your questions and to make your home-buying process as stress free as possible. Get started today and get that decision in principle. If you already have one, no problem – feel free to compare rates
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