If you apply for a Decision in Principle online, this is known as an 'execution only' application. It’s designed for those customers who have a good understanding of the mortgage application process and have identified the product they want to apply for.
It does mean that you won't be eligible to receive advice on your mortgage application. But if you change your mind and decide you would like some advice once you’ve started your application, you can swap how you apply for your mortgage from online to over the phone.
Before applying for your mortgage online, you must be aware of the following: