Mortgage Agreement Q

lots

An AIP is just that - an agreement that if the deal is as you have sold it to them, subject to full credit referenceing, then they will commit to provision of the funds to allow the purchase of the property.

So, of the top of my head:

survey/valuation poss land registry searches poss environmental concerns credit referencing provision of guarantees, debentures or other securtity as appropriate Address Verification (current address) ID confirmation Reference to source material - bank statements, tax returns, credit card stats, salary slips

Quite a lot actually as they have not really 'assessed' you yet - just made sure that neither they nor you are wasting the other's time.

Is your name Peter Mandelson? ;-)

Rgds __ Richard Buttrey Grappenhall, Cheshire, UK __________________________

What is full credit referencing? and what is the land registry search?