FOUNDATION HOME LOANS

Transcription

1 FOUNDATION Decision in Principle Form Page 1 of 8

2 Customer facing intermediary details Full name Last name Panel number (If known) Telephone number Company name Fax number Address address FCA/PRA firm ref, no. Appointed representatives? Network/Club (If applicable) Distributor (If applicable) Amount of fee or charge the applicant(s) will pay you for arranging this mortgage (enter nil if no fee being charged) When is fee payable? Application Completion Name of principal Principal FCA/ PRA firm ref. no. Address of principal Application fee (If applicable) Amount of valuation fee When is fee payable? Application Completion address Telephone number Fax number The terms under which a refund will be made Will a third party be charging the applicant(s) a fee for arranging this mortgage? If yes, please confirm below the fee charged, name of organisation, whether the fee is payable on application or completion and under which terms a refund will be made: Fee Organisation When payable Refund terms Fee Organisation When payable Refund terms Any procuration fees to be shared with any other person or organisation? If yes, please state amount name/ organisation On what basis was this mortgage arranged? Advised n Advised Face to Face Phone Who provided the advice or information? Page 2 of 8

3 Declaration I confirm that I have/my company has the necessary permissions from the FCA/PRA to advise (where applicable), complete and submit this application on behalf of my/our clients. The Decision in Principle will be supplied on the basis that the Intermediary has the relevant FCA mortgage permission. Foundation Home Loans will undertake the appropriate checks and will be unable to proceed if this cannot be confirmed. Any Decision in Principle given by Foundation Home Loans is in relation to the lending decision and lending criteria applicable at the Decision in Principle date. A Decision in Principle does not guarantee product availability. Data Protection Act 1998 This Data Protection tice must be read by the applicant(s). For the purposes of the Data Protection Act 1998, Foundation Home Loans will be the data controller responsible for the processing of the applicant(s) data in relation to this application for a Decision in Principle. The information supplied will be used solely for the purposes of assessing the application and to make enquiries of licensed credit reference agencies who will supply Foundation Home Loans with credit information as well as information from the Electoral Register. The agencies will record details of search whether or not this application proceeds. A credit reference search will be carried out for each application for a Decision in Principle. If false or inaccurate information is provided and fraud is identified, details will be passed to fraud prevention agencies to prevent fraud and money laundering. Further details explaining how the information held by fraud prevention agencies may be used can be obtained by requesting them in writing from the Data Protection Officer, Foundation Home Loans, 5 Arlington Square, Downshire Way, Bracknell, Berkshire RG12 1WA. Declaration I declare that: The applicant(s) has/have been made aware of the important information above and consent has been obtained for Foundation Home Loans to carry out one or more credit searches (which may include searches under additional names by which the applicant(s) has/have been known and any additional addresses to which the applicant(s) has/have been connected). I have consent from the applicant(s) for the purpose of processing this Decision in Principle and other enquiries necessary as a result of the credit search(es). Foundation Home Loans Data Protection notice shown above has been read by the applicant(s) before submitting the application. I confirm I have fully read the above completely and have the applicant s authorisation for Foundation home Loans to perform a credit search. Signature of the introducer Date Page 3 of 8

4 Application details Product selected If there is an Arrangement Fee applicable to this product-please indicate Add to mortgage Pay fee up front Mortgage type Purchase Remortgage If remortgage - is this currently a BTL? Property value Is this a right to buy? Is either applicant a first time buyer? Is either applicant a first time landlord? Loan required Term required Method of repayment Interest only Capital & Interest Type of application Individual SPV Limited Company Is this application to be made in a corporate capacity About you - personal details for each applicant Title/Surname (Mr,Mrs,Miss,Ms,Dr,Other) Your First name(s) in full Have you been known by any other names? Please provide details Gender Male Female Male Female Date of birth Marital status Present address DD/MM/YYYY DD/MM/YYYY Date moved to current address DD/MM/YYYY DD/MM/YYYY Residential status - If other please specify Owner Tenant Living with family/friends Owner Tenant Living with family/friends Other Other If lived at present address for less than 3 years, please provide previous details - including dates, we require full 3 years, please use continuation sheet if required From To From To Telephone number including STD codes Page 4 of 8

5 Do you have indefinite rights to remain in the UK? If not UK/EU - do you hold any level of diplomatic immunity? Do you have a mortgage on this property? What is your nationality? Your home - mortgage or landlord information At your current address please provide mortgage or rent details. If in mortgage, approx. outstanding balance Monthly payment Monthly payment Lender or Landlord full details Account Number/Ref. Date Mortgage/Tenancy started Month Year Month Year Credit history Have you ever been refused a mortgage? If yes, please give date Have you failed to keep up your payments under any loan? If yes, please provide number of payments and when this happened Have you had a default or CCJ recorded against you? If yes please complete Date Amount Date Amount Do you have any pending/ imminent court proceedings against you? Have you failed to keep up payments under any loan? Have you ever been declared bankrupt or made arrangement with creditors e.g. (IVA)? If yes, please give date Have you ever had a property taken into possession? If yes, please give date Page 5 of 8

6 Bank account details Name of Bank Account number Full name of account holder Sort Code Account held for < 1 year years years < 1 year years years Your employment status Please indicate as appropriate Employed Self-employed Employed Self-employed t in employed Retired t in employed Retired Your occupation - applicable if you are an employee and you do not hold 25% or more of the business or company Occupation Is this position permanent? Is this position on a contract basis? Date current employment commenced Month Year Month Year Annual basic gross salary Annual basic gross salary Your business For Self - employed or controlling directors who own or control 25% or more of voting rights in their company (including family interests) Name of business Nature of business What is your % shareholding and how long has this been owned by you? Date business started % Years % Years On what basis do you trade? Sole trader Partnership Ltd Co. Sole trader Partnership Ltd Co. If limited company, Please give details Ltd. Co. registration number Ltd. Co. registration number Financial year end Financial year end Your share of Company s net profit (including any remuneration) 3 years details Month Year Month Year Month Year Month Year Month Year Month Year Month Year Month Year Page 6 of 8

7 Buy to Let mortgage requirements Estimated monthly rental to be achieved or currently being received Purchases - where will the deposit come from? Savings Sale of another property Equity Release Gift If re-mortgage please provide current figures Monthly payment Approx. outstanding balance Current lender details Date this mortgage started Month Purchase date Date Purchase price Year If this is a re-mortgage and any additional borrowing - please provide full breakdown of purpose and figures Property location England Wales Property type House Bungalow Detached Semi Detached Terraced Flat Maisonette Studio HMO If property is a flat, of flats in block. of floors in block What floor is it on? Converted Purpose built Is the property of standard construction? Is there a lift? Property tenure Freehold Leasehold If leasehold, unexpired lease term in years To your knowledge, has the property ever been owned by the Local Authority, MOD or Housing Association? If yes, please give full details Is the property above, adjoining or adjacent to commercial premises? If yes, please give full details on the commercial usage Page 7 of 8

8 Continuation sheet This section is for any additional information which may be relevant to this application. Foundation Home Loans is a trading style of Paratus AMC Limited Registered Office:. 5 Arlington Square, Downshire Way, Bracknell, Berkshire, RG12 1WA Registered in England with Company Paratus AMC Limited is authorised and regulated by the Financial Conduct Authority Our registration number is Buy to let mortgages are not regulated by the Financial Conduct Authority Calls may be monitored and recorded. Page 8 of 8