We all know that we should be pre-approved before we go looking for property, however most lenders will require a new pre-approval within a certain timeframe and this could have huge implications on your credit file. So if you are not quite ready to start looking for a property then maybe having a personalised borrowing capacity is what you need now.
For more information on pre-approvals and what to do once you find a property then watch the videos below which will help you understand more about your Approval In Principal (AIP).
Firstly, should you actually get a pre-approval? Watch this quick video as it may not be what you should be doing.
So once you have a pre-approval what do you do next? This video explains what you need to consider, and I share some tips and resources on how to find the property to suit your needs.