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In this video, Nicola McKenzie, founder and mortgage advisor at Donna McCarthy Mortgages, discusses the duration of a mortgage agreement in principle and what occurs if a property is not found within that timeframe. She emphasizes the significance of obtaining a mortgage agreement in principle as a crucial step before house hunting. McKenzie highlights that DM Mortgages specializes in property and mortgage services, collaborating with various banks and building societies, and offers to compare options to provide tailored advice. She also mentions that a mortgage agreement in principle can be obtained free of charge through their website, DM.mortgage.