Sometimes informally known as a mortgage offer. This document details the terms and conditions upon which the lender is prepared to make a mortgage loan. The applicant must sign and return a copy of the offer indicating their acceptance of the proposed terms.

If a lender is prepared to lend you money, they will send you an offer letter setting out certain charges, calculations etc. which you should read carefully and understand. If you have any question, please contact us or your legal advisor immediately.

The formal offer of a mortgage from a lender.

The formal statement by a lender to a mortgage applicant of the loan amount it is prepared to make and the terms and conditions of that loan. It is non binding.

Sometimes informally known as a mortgage offer. This copy" Loan taken out by a borrower to replace another one secured on the same property. Typically taken out by borrowers switching lenders to achieve a better rate.

The formal statement by a Lender to a mortgage applicant of the amount that it is prepared to lend and the terms and conditions attached to this. All offers are issued conditionally and are therefore not binding on the Lender.