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Mortgage Agreement in Principle Question
gkinrade
Posts: 13 Forumite
Hi
Does anyone know how long mortgage AIP's are valid for?
cheers
gkinrade
Does anyone know how long mortgage AIP's are valid for?
cheers
gkinrade
0
Comments
-
It totally depends on the provider of the AIP.
Don't forget that while an AIP is a useful guide as to whether or not you will get a mortgage, it is not an absolute guarantee of a mortgage.0 -
thanks for that - getting an AIP must be a fairly good indication that you will be accepted for a mortgage though isn't it? Also, even though you say that it totally depends on the provided of the AIP, what would a rough length of time be (from different people I've heard a number of different lengths of time from 6 weeks to 6 months!)
cheers again
gkinrade0 -
I wouldn't ahve though many do 6 months AIP. C&G 3 months. Abbey 90 days are a couple of examples.0
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