We will then email you with a decision and, if applicable, a confirmed mortgage promise by the end of the next working day. Following further assessment, this amount may change or we may decide not to lend. Only you will be able to see this on your credit record and it doesn't affect your credit rating even if we are unable to lend to you at this time.įrom this information we will make an initial assessment and provide you with an indicative loan amount immediately. We'll run a soft credit check with a credit bureau. This will give us a picture of your financial and personal situation. Once you have answered some initial eligibility questions you will complete our application form. You will have an idea of what we might lend you and it will show estate agents that you are serious about buying a home. If you are an existing TSB customer looking to borrow more click here.Ī Mortgage Promise can help you in your search for the perfect property. Whether your buying a new home or looking to remortgage, you can start an application online for a Mortgage Promise. It does not commit you to taking out a mortgage with us but by applying you will know how much we may be able to lend you subject to a full application. Which subjects are included?Īs this is a pilot, there are a small selection of subjects initially available.A Mortgage Promise is an agreement in principle to lend based on an assessment of your personal circumstances and those of another applicant if you are applying together. The letter will also detail the required grades you'll need to achieve to secure your place at Birmingham for September 2023. This consultation is informal and it isn’t an interview! There’s no need to prepare in advance, and it’s just a chance for you to get your questions answered about the course you are interested in and for the academic admissions tutor to confirm the information that you have provided is correct.Īfter your chat, if you’re eligible we’ll issue you with an Offer in Principle letter that is our commitment to give you an offer should you apply to Birmingham for 2023 entry by the required deadline. Once you’ve submitted your answers we’ll assess whether we can consider you for an Offer in Principle.Īs part of your open day visit you’ll then be able to undertake a short 1-to-1 consultation with an academic admissions tutor, who will confirm that the information you’ve provided is accurate, and let you know if you’re eligible for an Offer in Principle. If you select ‘yes’ then as part of your open day booking we’ll ask you some questions about your GCSEs, the grades you’re expecting to achieve at A level, and there may be other questions depending on your course of interest. How it worksįor certain subject areas, when you book for one of our undergraduate open days you’ll be asked if you want to be considered for an Offer in Principle. You’ll still need to apply to university via UCAS by the relevant deadline and confirm the information that you’ve initially provided to us. Quite simply, an Offer in Principle is a commitment from us, based on the information you’ve provided to us, to make you an offer for your course of interest. For a selection of courses we are trialling the concept of an ‘Offer in Principle’ for September 2023 entry to our undergraduate programmes.
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