Mortgage & Insurance Factfind

Date

APPLICANT DETAILS

1st Applicant / 2nd Applicant
Title
First name
Middlename
Surname
Previous surname
Current Address (and dates)
Landlords details
Previous address if less than 3 years (and dates)
Sex
Date of Birth
Telephone numbers - Home
Work
Mobile
Email address
Relationship to other applicant
Do you have any dependants
Dependants details

HEALTH DETAILS

1st Applicant / 2nd Applicant
Have you smoked in the last 12 months
Are you in good health?

OCCUPATION DETAILS

1st Applicant / 2nd Applicant
Current employer
Employer Address
Occupation
On what basis?
If contract worker, specify end of term of contract
Current employment start date
Your expected retirement age
If current employment is less than 1 year please give details
NI Number

INCOME DETAILS

1st Applicant / 2nd Applicant
If employed:
Basic salary p.a.
Additional income (Guaranteed?)
Other earned income
If self-employed:
Number of years accounts available / year end
Net profit last year
Previous year
Year before that
Details of any other income
Any deductions
Total Annual Income
Net Monthly Take Home pay (TI)

FINANCIAL COMMITMENTS

Commitment
Balance
Repayments
Term
Name

CREDIT HISTORY

1st applicant / 2nd applicant
Have you ever had any adverse credit issues or mortgage/loan refused?
(If No then other questions in this section are not applicable)
Have you ever had a mortgage or a loan application refused?
Have you ever had CCJ or a loan default registered against you?
Have you ever been declared bankrupt or made an arrangement with your creditors?
Have you ever failed to keep up your payments under any previous or current mortgage, rental or loan agreement?

BUDGET PLANNER

Current Mortgage
Current Rent
Maintenance/Alimony
Maintenance Type
Transport / 1st applicant / 2nd applicant
Fuel
Road Tax
Insurance
Servicing
Parking
Fares (travel Card/Season Ticket)
Utility and Other Bills
Utilities
Telephone/Broadband/Phone
Council Tax
Ground Rent/Service Charge
Food
School / Child Minding Fees
Recreation
Alcohol/Tobacco
Holidays
Pensions/Insurance
Savings/Investment
Other Monthly Outgoings
Total

CURRENT MORTGAGE DETAILS

Lender
Owner
Balance outstanding
Term remaining
Buy-To-Let
Current interest rate
Monthly mortgage payment
To be redeemed
Are there any ERCs? If so, until when and how much?
Are you prepared to pay these if you transfer/repay your current mortgage?
If selling, what is the sale price?
Are your current mortgage terms portable to a new property?
Repayment method
If Interest Only how do you intend to repay the capital?
Do you want to continue using it / them for any new mortgage arrangement?

PROPERTY TO BE MORTGAGED

Address of property to be mortgaged:
Year built
Number of bedrooms
Property type (Detached, Semi, Terraced etc)
What is the property tenure?
If Leasehold, term remaining
Is the property of non-standard construction?
Do you have the funds available to complete this transaction (deposit, fees etc)? Amount of funds available?
Source of funds available
Loan to Value
Will this be the only property you own?
If No, is this your main residence?
If No, do you have a mortgage on the other property(s)?
If No, do you intend to clear any of these other mortgages?


MORTGAGE REQUIREMENTS

Loan Purpose
Purchase Price or value of the property
How much do you want to borrow?
Over what term/Budget?
If a Buy-To-Let loan, what is the expected/received rental income?
If a Right To Buy Valuation loan, what is the estimated value?
If borrowing additional amount
Amount
Reason
Which of the following are important to you?: (Please Tick)
Fixed Rate
Tracker Rate
Speed of completion
Ability to add fees
Overpayments
Payment holidays
Might household income or expenditure change significantly within the foreseeable future?
Income
Timescale/Amount/Reason
Expenditure
Timescale/Amount/Reason
Are there plans to pay off some/all of the mortgage within the foreseeable future?
Timescale/Amount/Reason
Are there plans to move or sell within the foreseeable future?
Timescale/Type of new home/Reason
Attitude to Risk
Interest Only
Repayment
If I/O – Repayment Vehicle

COVER REQUIRED

1st Applicant / 2nd Applicant
Is it important that you protect against the financial consequences of death?
If you or your partner were to suffer a critical illness or permanent disability, is it important to repay your mortgage and other loans?
If you or your partner were unable to work due to illness or accident, is it important to you to be able to pay your mortgage and bills?
Do you wish to protect your buildings?
Do you wish to protect your contents?
Have you made a will?

EXISTING POLICIES

Policy Type
Company
Term Remaining
Amount of cover
Owner
Premium
Deferred period
Solicitors:
Estate Agents:
Survey:

NOTES