Short answer：An early assessment can clarify a borrowing budget, but its commitment, validity and outstanding conditions depend on the document. It does not guarantee approval or adequate valuation for a particular flat.
Read the conditions
Check whether income, credit and funds have been verified and whether valuation or title review remains outstanding. New borrowing, employment changes or expired evidence may require reassessment. An informal estimate is not unconditional approval.
Recheck before signing
Confirm the actual price, address, use and completion date with the bank. Ask a solicitor about obligations if funding falls short. A binding provisional contract does not necessarily refund the deposit after a mortgage refusal.
Before deciding
- Record validity dates
- List outstanding conditions
- Plan for valuation or financing shortfalls
Sources and method
Sources support the specific rules described. Checklists and hypothetical calculations are editorial explanations, not measured market results or individual approvals.
Revision：Removed unsupported experience, case outcomes and statistics; corrected the topic-specific rules and limitations described above.
Scope：General information only, not personalised legal, tax, immigration, admissions or investment advice.