New Business Application Form

Transcription

1 The Specialist Whole of Market Commercial & Business Finance Broker New Business Application Form National Association of Commercial Finance Brokers Association of Bridging Proffessionals 1 Arlington Court, Whittle Way, Stevenage, Herts, SG1 2FS United Kingdom

2 Borrower Borrower (please select): Individual Partnership Limited Co. Other Borrower Name: Correspondence Address: Ltd Co. Registration No.: Telephone Number(s): Fax: Proposal Security Address: Estimated Value: GBP Repayment Method: Repayment / Interest Only Advance Required: GBP Term Required: Purpose for which mortgage is required: years Purchase Purchase Price: GBP Estimated Date of Completion: / / DD / MM / YYYY Source of Deposit: If Remortgage, please complete the following section: Current Lender(s): (s) outstanding: GBP Date purchased: / / DD / MM / YYYY Purchase price: GBP Exisiting monthly loan repayment: GBP Repayment / Interest Only

3 Additional Security Information Tenure (please select): Freehold / Leasehold / Feuhold If leasehold please confirm unexpired term: years Property description: Do you or a related person dwell or intend to dwell in part of the property? Yes / No Will any of the property be let? If 'Yes' then please complete the section below: Unit No. Tenant Rental Income (per annum) Yes / No Lease Start Date Lease End Date Next Break Option If more space is required, please attach a copy of the latest Rental Schedule Will the applicant(s) be trading from the property? Yes / No If 'Yes' then please provide copies of the latest set of Accounts for the Trading Business. Please provide as many as are available subject to a maximum of the last three-years. No. of Years Attached: years Current Property Use: Proposed Property Use: Any other relevant information:

4 Applicant / Company Director (Please copy and complete for each Applicant where applicable) Personal Details of each Individual / Partner / Director / Trustee Title: Date of Birth: Surname: Forename(s): Marital Status: Nationality: Home Address: Home Landline: Mobile: Fax: Who owns the above property? If you have lived at the above address for less than 3-years then please provide details of previous address(es) below to cover a three year period: Address 1: Date from: Address 2: Date to: Date from: Date to: Statement of Income and Expenditure Income / Receipts per Month: Currency Income Tax: Currency Gross Basic Salary Salary: Rent/ of Primary Residence: Gross Commission Income: Non Loan Repayments: Housing Allowance: Credit Cards: Gross Rental Income: Living Expenses: Director Remuneration: Other Expenses eg School Fees Dividend / Profit Sharing: Savings and Investments: Other Income

5 Applicant / Company Director (Please copy and complete for each Applicant where applicable) Asset and Liability Statement Main Residence Lender: Value: Assets Liabilities Other Property (specify Lender) Value: Value: Value: Value: Value: Cash Savings: Value Stocks and Shares Value Other Investments: Value Credit Card Other Loans / Liabilities Any other assets or Liabilities Any other assets or Liabilities Any other assets or Liabilities Asset Asset Asset Total Assets Liability Liability Liability Total Liabilities

6 Applicant / Company Director (Please copy and complete for each Applicant where applicable) If you are employed, please complete the following section: Employer Name: Occupation / Position Held: Nature of Business: Address: Telephone Number(s): Fax Number: Length of Employment: years Type Full Time / Part Time Anticipated Retirement date: / / Contract Expiry / / Basic Salary Bonus / Commission If you are self-employed, please complete the following section: Are You / Is the Business: Sole Trader / Partnership / Limited Company / Other: Director: Yes / No Shareholding % Registered Office Address: Nature of Business: Advance Required: GBP Telephone Number(s): Fax Number: Website Address: Date Established / / Personal Income for the last three years: Other Income Source: Source: Credit History Have you : 1) Ever been refused a mortgage? Yes / No 2) Had a judgement for bad debt recorded against you? Yes / No 3) Any pending / imminent court proceedings against you? Yes / No 4) Failed to keep up payments under any loan? Yes / No 5) Subject to an IVA in the last 3 years? Yes / No 6) Ever been declared bankrupt or had a bankruptcy petition presented against you? Yes / No 7) Have you ever been a director or officer of a Company which has been insolvent Yes / No or entered into liquidation or a CVA?

7 Declaration I / We authorise OCS or its agents:- 1 to instruct a qualified valuer to carry out a valuation of the property and the business (if appropriate) at my expense. 2 to obtain any reference or other information required to consider my application whether from a credit reference agency or otherwise. 3 to forward to solicitors named in this application (or otherwise) a copy of any offer letter issued by the lender arranged by OCS. I / We acknowledge that:- 1 The valuation reports instructed by OCS are for mortgage purposes only, to enable the Lender contacted by OCS to decide the amount, if any, to lend on the security of the property. 2 Neither OCS or the appointed Lender accepts any responsibility for the value or condition of the property by reason of the valuers inspection and if the lender agrees to make a loan it does not imply a warranty of the purchase price, the value, the soundness of construction or state of repair of the property. 3 Personal data obtained as a consequence of the application in any subsequent mortgage account will be held on OCS s database and may be used by OCS for statistical analysis and any other purpose registered with the Data Protection Register. 4 in the event of this application being accepted, details of conduct of my account will be available to insurance companies, credit bureau, the appointed lender and OCS s agents. 5 all fees and expenses incurred by OCS, including valuation fees and solicitors costs, are payable by me on demand whether or not an Offer Letter is issued or accepted and whether or not a loan is made. Payment of the valuation and arrangement fee by me does not in any way bind the lender instructed by OCS to make the loan. 6 Upon signing any Offer Letter issued by a lender, arranged by OCS I acknowledge that the arrangement fee so paid becomes non-refundable. 7 We give authority for a Lender to use a credit scoring or other automated decision making system when assessing any application made by OCS on my behalf. All applicants / guarantors to the mortgage are required to sign the following: I / We confirm that to the best of my knowledge the information provided in this application is true and complete in every respect. / / / / / /