Along with the completed Residential Application Form, we would require the following supporting documentation where applicable:
ID&V
At application stage, we will complete a hard credit search and use electronic ID&V. We would only request additional documentation if this were unsuccessful.
Income
Employed: Last 2 payslips
Self Employed: Last 1 years SA302s or last 1 years tax computation in combination with the corresponding HMRC tax year overview. Last 2 months business bank statements.
Accounts only required where the mortgage is not affordable on the latest year but would be on a 2 year average, where customer wishes to use net profits as a majority shareholder and where the mortgage loan to value is >80% or loan amount >£1m.
Bonus Payment: Payslip containing bonus payment or last 2 P60s.
Fixed / Zero Hour Contracts: Last 2 payslips and last P60.
Investment Income: Portfolio statement dated within last 12 months.
Other Income: Last 2 months banks statements evidencing corresponding credits.
Bank statements
Last 2 months bank statements required:
- Where mortgage is >80% loan to value.
- Where mortgage is for Debt Consolidation.
- Where being used to evidence supplementary income.
We may also request bank statements if, following a credit search we require supporting information.
Complete Application form via broker portal or paper version if not available
We require a signed copy of the direct debit mandate, but this can be a scanned version.
