Agreement in Principle (AiP)
Take the first step to your mortgage with an AiP
Start an Agreement in Principle (AiP) online to find out quickly if you could borrow the amount you need – without affecting your credit score.
See 'How will the information I provide be used?' below, for more details.
- Find out quickly if we're able to lend to you without a full credit check
- Don't bank with us? No problem – you can still get an AiP
How it works
You can get an AiP online if you’re buying a property or remortgaging your current home.
- Choose how much you want to borrow
- Tell us about your income and outgoings
- Get your AiP result straightaway
You’re not committing to anything at this stage – you're not tied to a particular type of deal if you decide to apply for a mortgage with us. Just remember that an AiP isn't a guarantee we'll lend to you.
Barclays is committed to protecting your personal data. We will use your information for a number of different purposes, for example, to manage your account(s), to provide our products and services to you and others and to meet our legal and regulatory obligations. We may also share your information with our trusted third parties for these purposes. For more detailed information on how and why we use your information, including the rights in relation to your personal data, and our legal grounds for using it, please go to https://www.barclays.co.uk/important-information/control-your-data or you can request a copy from us.
Credit Reference Agencies and Fraud Prevention Agencies
In order to process your application we will supply your personal information to credit reference agencies and fraud prevention agencies and they will give us information about you, such as about your financial history. We do this to assess creditworthiness and product suitability, check your identity, manage your account, trace and recover debts and prevent criminal activity. These agencies may in turn share your personal information with other organisations. If fraud is detected, you could be refused certain services, finance or employment. Once you open an account with us, we will share account data with the credit reference agencies on an ongoing basis.
If false or inaccurate information is provided to us and fraud is identified, details may be passed to credit reference and fraud prevention agencies to prevent fraud and money laundering and to verify your identity.
The Credit Reference Agency Information Notice (CRAIN) describes how the three main credit reference agencies in the UK each use and share personal data. The CRAIN is available on the credit reference agencies’ websites:
Or you can ask us for a copy of these.
For more details on how information held by credit reference agencies and fraud prevention agencies may be used, please go to https://www.barclays.co.uk/important-information/control-your-data or you can request a copy from us.
Unlike making a mortgage application, we don't run a full credit check on you for an Agreement in Principle. Instead we ask credit reference agencies to confirm whether certain details you enter on the AiP form match what they hold on your credit file. This is recorded on your credit file as a 'quotation search', which means it won't be considered by other lenders if you apply for credit somewhere else.
No, but it will give you a good idea of whether we'd be willing to lend the amount you need. If you apply for a mortgage, we'll need to check your income and financial circumstances at that time, and consider whether you can afford the mortgage payments both now and in the future. We'll also check your credit history in detail when you apply for a mortgage.
You might be able to get an AiP even if you know you've had some money problems in the past. Depending on your circumstances, we may need to speak to you before we offer you an AiP. And if we can't offer you an AiP, then your credit file isn't affected like it would be if you were turned down for a mortgage. Find out why it's a good idea to understand the mortgage lending rules we have to follow.
Just remember that if you apply for a mortgage, we'll ask you detailed questions about your credit history. So it may affect our decision to lend if you have:
- Been issued with a bankruptcy order in the past 6 years
- Had a County Court Judgment for debt that you haven't repaid within the past 6 years
- Been refused for a mortgage or had a home repossessed in the past 6 years
- Have less than 3 months' employment history