Many Estate Agents will ask you for a mortgage agreement in principle. These are often of limited benefit, may need to be redone repeatedly, and can provide the selling agent with more information than is optimal to share in the early stages.
We generally find that its a much better route start with a credit report. This enables us assess affordability across a range different of lenders to ensure you’re getting the best deal possible. We can then support an offer on a property by providing the estate agent with confirmation and evidence of your ability to proceed.
We’ve partnered with CheckMyFile to offer you a free 7 day trial (terms apply*) of their credit report service. We recommend our customer to use this to generate a credit report and share this with us.
* Costs £14.99 per month if not cancelled within 7 day
