I have mortgage approval! What happens next?,
20th November 2020
Initially, you will receive Approval in Principle (AIP), which means it's time to start house hunting. Set up alerts on property portal websites, so you know when new homes within your budget come to the market first. Have your list of negotiables and essentials ready, so you can be discerning about homes you want to view.
Be ready to set aside a few Saturdays to attend open viewings. At an open viewing, an agent will take you through the home and answer any questions you may have. They will also be your point-of-contact if you’ve found ‘the one’ and want to place a bid.