BD MAF01
MORTGAGE APPLICATION Please complete all relevant sections of this form in BLOCK CAPITALS in black ink How did you hear about Reliance Bank?
Advertisement
Which publication? ....................................................
Existing customer
Account Number:
Recommendation
Internet
First applicant
Second applicant
About you Title First name(s) Surname Gender
Male
Female
Male
Female
Date of birth Nationality National Insurance (NI) Number You should be able to find your NI number on a payslip, form P45 or P60, a letter from HM Revenue & Customs, DWP, or pension.
Country of residence For tax purposes
Current address Town County Post code Telephone number: Home Work Mobile Email address Residential status Living with parents Homeowner If homeowner please give: Estimated value of your home Mortgage outstanding Time at address Years
Tenant £ £
Months
Living with parents Homeowner Estimated value of your home Mortgage outstanding Years
Tenant £ £
Months
Previous address if less than 3 years Town County Post code Please ensure you list all properties occupied in the last three years, use separate sheet if required. Page 1 of 8
First applicant Are you: Single
Number of dependants
Second applicant
Living with partner
Single
Living with partner
Married
Separated
Married
Separated
Divorced
Widowed
Divorced
Widowed
Number:
Number:
Please provide details of those living in the property of 17 years and over, who is not party to this mortgage application. Name
Date of birth
Relationship
Employment Details Are you:
Full time
Part time
Full time
Self employed
Homemaker
Self employed
Part time Homemaker
Occupation Employer Time in present employment
years
Self employed applicants Trading name Business address
Postcode Nature of business Date established NB: please provide your last 3 years trading accounts Accountants details
ALL APPLICANTS MUST PROVIDE DETAILS OF PREVIOUS EMPLOYER IF SELF EMPLOYED LESS THAN A YEAR
Page 2 of 8
years
Help us to know you For your protection, please answer the following questions, which we can use to identify you for telephone banking purposes: First applicant
Second applicant
Your favourite colour Your favourite place Your favourite book Your mother’s maiden name Your town of birth
Your Financial Information To enable us to assess your mortgage application, we require the financial section to be fully completed. Income Basic gross wage / salary (per annum)
£
£
Basic wage / salary (per month)
£
£
Regular overtime (per month)
£
£
Regular bonus (per month)
£
£
£
£
£
£
Source of any other income Amount of any other income (per month) Total monthly after tax income Other borrowing Outstanding Balance Loans
£
Outstanding Balance £
£ Hire purchase
£
£
Credit cards
£
£
Overdrafts
£
£
Buy now pay later loans
£
£
Other debts
£
£
Total
£
£
Page 3 of 8
Please provide details of current regular commitments. If expenditure from joint applicants is shared, please use first column only. Monthly figures required(if paid annually divide the amount by 12). For house movers or first time buyers; please add estimated costs in brackets for future additional house expenditure: First applicant
Second applicant
Mortgage / rent
£
£
Property Maintenance
£
£
Credit card payments
£
£
Loan HP repayments
£
£
Child maintenance
£
£
Housekeeping (food)
£
£
Gas
£
£
Electric
£
£
Water
£
£
Telephone
£
£
Council tax
£
£
House insurance
£
£
Ground rent / service charge
£
£
Car insurance
£
£
Car Tax
£
£
Petrol - essential transport
£
£
Travel (trains) - essential transport
£
£
Clothing
£
£
Household goods
£
£
Personal goods / toiletries
£
£
£
£
Childcare
£
£
Savings
£
£
Life insurance
£
£
Pension
£
£
Total
£
£
Recreation TV / non- essential transport
Page 4 of 8
Mortgage Requirements
What type of borrower are you?
First time buyer Estimated value of property
Mortgage required
£
How much deposit do you have?
£
£
(please provide a copy of the account of where the funds are held)
If a friend or relative contributed to your deposit as a loan or gift, please state how much and the conditions of this gift/loan separately. If the property part of a Shared Ownership Scheme, what percentage are you purchasing? (Reliance Bank requires a First Charge over the Shared Ownership property)
%
88888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888 888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888
Moving house Estimated value of new property
Mortgage outstanding
£
£
If the property part of a Shared Ownership Scheme, what percentage are you purchasing? (Reliance Bank requires a First Charge over the Shared Ownership property)
%
88888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888 888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888
Additional property Estimated value of new property
Mortgage required
£
How much deposit do you have?
£
£
(please provide a copy of the account of where the funds are held)
If a friend or relative contributed to your deposit as a loan or gift, please state how much and the conditions of this gift/loan separately. If the property part of a Shared Ownership Scheme, If yes, what percentage are you purchasing? (Reliance Bank requires a First Charge over the Shared Ownership property)
%
88888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888 888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888
Remortgage Estimated value of property
Mortgage required
£
£
Will this pay off your existing mortgage? Yes / No If the property part of a Shared Ownership Scheme, If yes, what percentage are you purchasing? (Reliance Bank requires a First Charge over the Shared Ownership property)
%
8888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888 8888888888888888888888888888888888888888888888888888888888
Mortgage product Which mortgage product have you chosen?
Fixed
Tracker
What is the interest rate for this product? Mortgage type
Capital Repayment Interest only
Variable
%
(The repayment is a mixture of capital and interest) (Interest only, you only pay the interest off the loan*)
*For Interest only mortgages, you need to provide evidence to us, how you are looking to repay the capital sum, at the end of the term. Your repayment tool may be through Investments, Savings or a Pension plan, and you are responsible in monitoring and maintaining this value. What term would you like the mortgage over?
years
Page 5 of 8
Property Details Reliance Bank Limited does not give mortgage advice and will assess your application on an execution basis only. You are responsible for selecting the mortgage product. A detailed illustration will be provided on the product you choose and you may alter your decision prior to your mortgage offer being produced. Property Address
Whose names will the property be registered to?
Type of property:
House
Bungalow
Flat
Which floor level
Number of bedrooms
Freehold
Semi
Terraced
Maisonette
Property age
If yes, how much do you estimate this to be? Is the property:
Detached
Does the property require any improvements?
Yes
Do you have the funds for the required improvements? Yes
£
Leasehold
Feudal Scotland
Additional charges:
Ground rent
No No
If leasehold: Unexpired term of lease
years
Service
£
£
New properties only What guarantee scheme will the building have?
BLP
If none, is the construction under supervision by an architect employed by you?
NHBC Yes
Other
None
No
Name of architect
Please provide the architect plans and specification to this build
Is any of the property to be let?
Yes
No
- If yes, please provide details of tenancy agreement
For mortgage purposes we will arrange a standard mortgage valuation. Please provide details of point of contact for inspection.
Name: Contact Number:
Page 6 of 8
Solicitors details Name & address of solicitor
Telephone number
Insurance & pensions First applicant What are you active life policies?
term
Second applicant Term
£
£
(Please Indicate term and amount covered)
Do you have a pension?
Company
Personal
None
Company
Personal
years
years
What age do you intend to retire?
None
Important information In considering your application we will search your records at Credit Reference Agencies, and this will be registered on your profile and visible for future reference by other organisations. As a customer you have the right to request a copy of the information we hold about you, for which a fee may be payable. Please circle appropriate option.
First applicant
Second applicant
Have you ever been refused a mortgage?
YES
NO
YES
NO
Have you (or any company in which you hold or held at least 15% interest) ever had a judgement debt recorded against you?
YES
NO
YES
NO
Have you ever been declared bankrupt?
YES
NO
YES
NO
Have you ever failed to maintain rent/mortgage/hire purchase payments?
YES
NO
YES
NO
Have you ever had any convictions or any pending prosecution that relates to any aspect of dishonesty?
YES
NO
YES
NO
Reliance Bank Limited will process all information in accordance with the Data Protection Act 1998 and it will be treated as private and confidential now and in the future. The only exceptions to this will be when the law requires us to disclose information, with your consent or where disclosure is necessary. To fulfil our regulatory obligations, we will retain copies of your records for no longer than is necessary. You have the right to inspect these records at any time.
Marketing purposes We may telephone or send you information about our products which we think may be of interest to you, but we do need your permission to do so. I do wish to receive marketing by
Post
Telephone
Page 7 of 8
Email
Post
Telephone
Email
Customer declaration In providing your email address you agree that it may be used by us to contact you concerning matters relating to your account with us. By signing this application form I / we acknowledge that I / we have read and understood the Mortgage Terms and Conditions. I / we authorise Reliance Bank Limited to make any enquiries which are considered appropriate whilst processing this application, and I / we confirm that the information given is accurate and true to the best of my/our knowledge. I / we are giving consent for the solicitor / licensed conveyancer to act on my / our behalf to disclose all relevant Information to Reliance Bank Limited and waiving the right to claim solicitor / client confidentiality or legal privilege in respect of such information. I / we agree to inform Reliance Bank Limited, should there be any changes to the information provided on this dated form, in advance of the mortgage being drawn.
ACKNOWLEDGMENT OF OUR MORTGAGE SERVICE
I / we have not received any advice or recommendation from Reliance Bank Limited whilst completing
this application I / we agree to be responsible in choosing the mortgage product by those offered by Reliance Bank Limited. I / we accept that this application will be assessed by Reliance Bank Limited and their decision is on an execution only basis. First applicant
Second applicant
Date _______________________________________ _______________________________________
Date
For each applicant, please include all identification documents, as per our ‘Proving Your Identity’ leaflet. Original documents will be returned to you. We require as a minimum the following:
Latest 3 months bank statements Latest 3 months wage slips Two certified personal Identification documents One proof of address For self employed applicant - 3 years accounts
A Christian Church and Registered Charity 03/16
©Reliance Bank Limited. All Rights Reserved Reliance Bank Limited, Faith House, 23-24 Lovat Lane, London EC3R 8EB Tel: 020 7398 5400 Fax: 020 7398 5401 Email:
[email protected] Web: www.reliancebankltd.com Registered in England No. 68835. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority
