Agreement In Principle | Royal Bank of Scotland

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Your Agreement in Principle

It takes just 5 minutes to complete the 5 step form to get a personalised indication of how much we could lend to you.

We do what's called a soft credit check as part of the process, which doesn't affect your credit rating.

Step 1 of 3 | Your personal details
(* required information)

Date of birth format is (dd/mm/yyyy) (e.g. 01/12/1995)
Max 70
You can provide a contact telephone number so that we can keep you informed about your Agreement in Principle
If you are self employed, please enter the average of your gross income over the last two years. This could include; drawings/ dividends and the amount you pay yourself as a salary. If you apply for a mortgage you will have to provide some or all of the following :1 year’s accounts or 1 year’s Inland Revenue Tax Assessments and the last 3 months consecutive bank statements or an Accountant’s certificate. If your earnings from self employment are not easy to state, please contact us.

... & the Joint Applicant's personal details

Date of Birth format is (dd/mm/yyyy) (e.g. 01/12/1995)
Max 70
If you are self employed, please enter the average of your gross income over the last two years. This could include; drawings/ dividends and the amount you pay yourself as a salary. If you apply for a mortgage you will have to provide some or all of the following :1 year’s accounts or 1 year’s Inland Revenue Tax Assessments and the last 3 months consecutive bank statements or an Accountant’s certificate. If your earnings from self employment are not easy to state, please contact us.

Step 2 of 3 | Your new mortgage details

This is the amount you will pay for the property
The amount of cash you are putting towards the cost of your property.
This is the amount you will pay for the property
This is the amount of cash or equity you are putting towards the cost of your property
This is the amount your property was worth the last time it was valued. We offer free valuations for standard remortgage.
This is the outstanding balance on your current mortgage.
Max 35

Please round your term to nearest year 

This is required if you have checked above checkbox
This is the amount you wish to borrow over and above your oustanding mortgage amount.

Additional borrowing can be requested online but not for the purposes of debt consolidation or for any business or professional related activity. Please contact us on 0800 096 9527 should you require additional funds for these purposes. 

Step 3 of 3 | Your financial details

Hide Details

Your income

This is how much you get paid before tax and NI deductions. Do not include overtime or bonus earnings that are not guaranteed.
How often are you paid this gross amount?
You can include income that is guaranteed such as; Child maintenance that has been paid for the last 6 months, whether court approved or not. Investment income such as dividends or regular trust income. Please contact us if you want us to consider any other sources of income.

Your expenses

Enter the total amount outstanding on all your credit cards after you made the last repayment. Please ensure this is an accurate figure.
Please enter the total monthly payments you are making to personal loans, hire purchase, car finance agreements and car lease payments, but NOT credit card payments. Do not include any mortgage/rent payments for your current home that will cease once your new mortgage completes.
Enter number of dependants under 18
Enter number of dependants over 18
This is the total monthly commitments when your new mortgage starts that is not a debt. For example, child maintenance payments, ground rent or personal care fees.

Grocery shopping and other household spending doesn’t need to be included in your monthly commitments. We’ll take these into account automatically.

... & and the Joint Applicant's financial details

Hide Details

Joint Applicant's income

This is how much the joint applicant gets paid before tax and NI deductions. Do not include overtime or bonus earnings that are not guaranteed.
How often is the joint applicant paid this gross amount?
You can include income the joint applicant earns throughout the year that is guaranteed such as:
- DWP
- Benefit payments
- Court approved maintenance that have been paid for the last 6 months
- Investments income such as dividends or regular trust income.

Please contact us if you want us to consider any other sources of income.

Joint Applicant's expenses

Enter the total amount outstanding on all your credit cards after you made the last repayment. Please ensure this is an accurate figure.
Please enter the total monthly payments you are making to personal loans, hire purchase, car finance agreements and car lease payments, but NOT credit card payments. Do not include any mortgage/rent payments for your current home that will cease once your new mortgage completes.
Please enter additional dependants under 18
Please enter additional dependants over 18
This is the total monthly commitments when your new mortgage starts that is not a debt. For example, child maintenance payments, ground rent or personal care fees.

Grocery shopping and other household spending doesn’t need to be included in your monthly commitments. We’ll take these into account automatically.

Great. That's everything. Now you can...

Maximum Retirement Age of Joint Applicant should not be more than 70 years

Minimum Retirement Age of Joint Applicant should be 45 years

Mortgage Term cannot be more than 35 years

Mortgage Term cannot be less than 3 years

Retirement Age should not be more than 70 years

Retirement Age should not be less than 45 years

For your new build property, Requested mortgage has an LTV greater than maximum allowed limit. 

Sorry, your selected mortgage term and retirement age indicate that you are looking to borrow into retirement. We cannot provide an Agreement In Principle for this situation. If you do require a mortgage beyond your retirement please contact us to discuss your borrowing needs.

0800 096 9527

Alternatively your can correct the mortgage term.  

Additional borrowing can be requested online but not for the purposes of debt consolidation or for any business or professional related activity.

Please contact us on 0800 096 9527 should you require additional funds for these purposes.  

Error section when customer does not satisfy primary Dependants condition.

Error section when customer does not satisfy joint dependants condition.

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