Making an Offer on your next property? Understanding what a Mortgage in Principle means

Mortgage Medics, our mortgage service provider, explains what Estate Agents mean when asking buyers at offer stage whether you have mortgage agreed in principle.

As you start your journey towards homeownership, finding the perfect property can be an exciting experience. However, navigating the world of mortgages can be daunting, especially if you are a first-time buyer or have not previously gone through the mortgage application process.

When it comes to making an offer on a property, you may be asked whether you have a mortgage in principle by the estate agent. While this may seem like another hurdle to overcome, having a mortgage in principle can actually give you an advantage over other potential buyers.

Mortgage Medics our mortgage provider explains here what a mortgage in principle is and how you go about getting one.

Read here

Mishon Mackay are proud to work in partnership with Mortgage Medics - award winning independent mortgage advisers, with offices in Hove and London. Mortgage Medics are 'whole of market' so they'll search high and low to find you the best deal, and with over 1,000 5-star reviews on Trustpilot, they're consistently in the top 1% of firms in the UK based on client reviews.

If you are considering purchasing a property and need help navigating the mortgage application process, our team of experienced mortgage advisors are here to assist you every step of the way.

Their independent whole of market approach means they are able to provide you with a range of options tailored to your specific circumstances, ensuring you get the best possible deal.

Do not let the complexities of the mortgage market stand in the way of you achieving your dream move - get in touch with us today and we'll happily connect you with one of Mortgage Medics mortgage advisors.

Mortgage Medics Limited is an appointed representative of In Partnership the trading name of The On-Line Partnership Limited which is authorised and regulated by the Financial Conduct Authority (www.fca.org.uk).

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

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