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If you’re house hunting, you’ve probably heard about a Mortgage in Principle (MIP) — sometimes called a Decision in Principle (DIP). It can feel reassuring to have one in your pocket, but it’s important to know what it really means. Important to know: it doesn’t guarantee you’ll get the mortgage.
Buying a home is one of life’s biggest decisions. Whether it’s your first purchase or your fifth, the process can feel daunting, with plenty of pitfalls to avoid. From mortgages and surveys to legal paperwork and negotiations, there’s a lot to take on board. By arming yourself with the right information and working with a knowledgeable local estate agent, you’ll be better placed to make smart decisions and find the home that truly fits your needs.
If you’re hoping to be in your new home by Christmas, time is running out. With UK sale timelines now topping 200 days from listing to completion, September may be your last chance to start the process. Here’s what you need to know before it’s too late…
As the golden tones of autumn settle over the South Cotswolds and Vale of the White Horse, it’s a good time to reflect on how the local property market is evolving. In this seasonal update, our Managing Director, Phillip Bishop, shares insights on current buyer behaviour, market conditions, and how to position your home for success this autumn.