A mortgage Agreement in Principle is the first step towards your client’s mortgage. It provides you with an indication of whether we could lend the amount they need to borrow. Our Agreement in Principle tool is open for all brokers to use; however, Clydesdale Bank only accepts business from a panel of intermediaries who have signed terms of business with us.
The process should take around 5 – 10 minutes to complete. We’ll ask about your client, their income and regular spending. We will undertake a soft credit search which has no impact on your client’s credit file.
The information you provide will allow us to agree in principle to the amount your client could borrow. If your client then decides to apply for one of our mortgages, we will require more detailed information about your client’s circumstances.
An Agreement in Principle doesn’t guarantee your client will be successful in their mortgage application, but it can give an idea of how much we could lend.
Please note our AIP system is being updated and doesn’t reflect our 5.5x LTI policy. We’re also unable to provide an AIP for Interest Only or BTL mortgages. To find out more, speak to your BDM.
All applications are subject to status and lending criteria. A final lending decision will be based on assessment of how much your client could reasonably afford, their individual circumstances, their credit score and the suitability of their property as security for their mortgage amount.
If you are not an intermediary of the Bank, you should not refer to the information contained in this website. If you are a professional and you reproduce any part of the information contained in this communication, to be used with or to advise retail clients, you must ensure it conforms to the Financial Conduct Authority's mortgage conduct of business rules. This site is intended for UK residents (who are intermediaries of the Bank) unless otherwise stated.
Clydesdale Bank PLC Registered in Scotland (Number SC001111). Registered Office: 177 Bothwell Street, Glasgow G2 7ER.