Getting mortgage pre-approval (also called an agreement in principle) can make a big difference when you start house hunting.
It shows estate agents and sellers that you’re serious and likely to be approved, which can give you an edge in competitive markets. It also helps you understand your budget before you fall in love with a property.
The process is usually quick and involves a basic credit check and income assessment. It’s not a full mortgage offer, but it’s a strong early indication of what you can borrow.
Having pre-approval in place can speed up the buying process once you make an offer, reducing delays later on.
