Agreement in Principle
An Agreement in Principle (AIP) is the first step to getting a mortgage. It’s sometimes called a Mortgage Promise or a Decision in Principle, and lets you know how much you could borrow before you apply for a mortgage.
If you're looking to move your mortgage from another lender or buy a new property (with the exception of our Lend a Hand product), mortgages above 85% of the property value are temporarily unavailable. However, you may still complete an Agreement in Principle (AIP) to see how much you could borrow.
You could lose your home if you don’t keep up your mortgage repayments
Lloyds Bank support government backed initiatives to help people buy a home. So whether you're a first time buyer or moving home there could be a scheme that's right for you.
Important legal information
Lloyds Bank plc. Registered office: 25 Gresham Street, London EC2V 7HN. Registered in England and Wales No. 2065. Lloyds Bank plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 119278.
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