The Untold Story of an AIP
Chances are that if you’re in the market for a property you will have heard someone mention an AIP, or “agreement in principle.”
Chances are that if you’re in the market for a property you will have heard someone mention an AIP, or “agreement in principle.”
Baffled by mortgage-jargon? Use this comprehensive dictionary of mortgage terminology to help sort your ERCs from your LTVs. But remember, this is just a guide, and if your mortgage adviser or bank uses terms you don't understand, make sure you ask them to explain.