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Decision in Principle (DIP)

Decision in Principle (DIP)

Portrait of Justin Whitelock, founder of Mortgage London, standing in a park

By Justin Whitelock

Founder of Mortgage London (a trading style of City Finance Brokers Limited, authorised and regulated by the Financial Conduct Authority, FCA No. 766295)

A lender’s provisional view of how much an applicant may be able to borrow before submitting a full mortgage application.