Fact Find Document

Fact Find
PLEASE COMPLETE THE INFORMATION ON THE FOLLOWING PAGES AS CAREFULLY AS POSSIBLE AS THE INFORMATION YOUR CONFIRM HERE COULD BE USED TO SUBMIT YOUR APPLICATION TO A LENDER.

IF YOU NEED ASSISTANCE IN COMPLETING THIS FORM, PLEASE DO NOT HESITATE TO CONTACT YOUR ADVISER USING THE DETAILS ABOVE.

THINK CAREFULLY BEFORE SECURING DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

Some buy to let mortgages are not regulated by the Financial Conduct Authority

	Applicant 1	Applicant 2
Date moved in

	Applicant 1	Applicant 2
Date Moved in

Section 2: Your Employment & Income Details

	Applicant 1	Applicant 2
Job Title/Occupation
Expected Retirement Age

Status?
Status? Applicant 1

PermanentContractTempOther
Status? Applicant 2

PermanentContractTempOther

Employed Income

	Applicant 1	Applicant 2
Employer's Name
Start Date
Employer's Address
Employer's Postcode
Gross Annual Basic
Details of any commission, bonus or overtime income (amount, frequency, guaranteed or regular etc.)

If you have been in your current employment for less than 12 months please provide the details of your
previous employment

Self-Employed Income

	Applicant 1	Applicant 2
Business Type
Business Name
Registered Address
Registered Postcode

Time Self-Employed

	Applicant 1	Applicant 2
Years
Months
Shareholding ( %age )

3 Years (pre-tax) Net Profit

	Applicant 1	Applicant 2
3 Years (pre-tax) Net Profit
Year Ending ( £ )
Year Ending ( £ )
Year Ending ( £ )
Salary ( £ )
Dividends ( £ )
Accountant's Name
Accountant's Telephone
Accountant's Qualification
Accountants Address

Retirement Income

	Applicant 1	Applicant 2
State Pension ( £ )
Occupational Pension ( £ )
War Pension ( £ )
Widow/Widower Pension ( £ )
Private Pension ( £ )
Private Pension Provider
Private Pension ( £ )
Private Pension Provider

Other Income

	£	£
Rental Income
Income Investment
Income Maintenance
Income Mortgage Subsidy
Universal Credit
Child Benefit
Child Tax Credits Working
Tax Credits Lifetime
Invalidity Benefit Other
Benefits
Other Income
Other Income Type

Income Changes ( Any Impact of Covid on income & any support or Grant taken from HMRC or Bank)
Do you anticipate any changes to your income or employment in the near future? If yes please provide details below:

Section 4: Assets
Assets

Asset Type Value of Asset

	Applicant 1	Applicant 2	Joint
Current Accounts ( £ )
Building Societies ( £ )
National Savings ( £ )
ISAs ( £ )
Investments ( £ )
Other Assets ( £ )
Total Assets Value ( £ )

Section 5: Credit Commitments
Please provide details of all ongoing debts i.e. secured loans, unsecured loans, hire purchase, overdrafts, credit cards, store cards, mail orders etc.

If ‘none’ please tick here

Section 6: Existing Property Portfolio
Please provide details of all properties currently owned by yourself including: BTL, Residential and Commercial investment properties, Holiday Homes, Second Homes.

If ‘none’ please tick here
If you have an existing property portfolio please forward a copy with return of this Fact Find

Browse Files

Cancelof
Direct Debit
Bank Name
Sort code
Account number

Section 7: Budget Planner & Expenditure

Please only complete "existing" column at this stage. The "proposed" and "differences" columns can be completed later.

	Existing	Proposed	Differences
Net Monthly Income

Committed Expenditure

	Existing	Proposed	Differences
Mortgage/Rent/Board
Other/Second Mortgage(s)
Second Charge(s)
Unsecured Borrowing
Maintenance
Other Expenditure
Sub-Total

Living Expenses

	Existing	Proposed	Differences
Electricity
Gas/Oil
Water
Council Tax
Service Charge/Ground Rent
Food/Housekeeping
Repairs/Decorating
Clothing/Health & Beauty
Telephone/Mobiles
TV/Internet Packages
Fuel/Car Maintenance
Public Transport/Other Travel
School Fees
Childcare
Medical Expenses
Contingencies
Other Expenses
Sub-Total

Insurances

	Existing	Proposed	Differences
Buildings & Contents
Life/Income Protection
Car/Motor
Health/Dental
Other Insurances
Sub-Total
Total Outgoings
Surplus Monthly Income

FOR OFFICE USE
The DTIR calculation is based on the net income figures and total noted outgoings (including proposed mortgage payment) which should not exceed 85% of net monthly income. This will allow a 15% comfort buffer to be provided with the affordability

Additional Information
Please use the space below to detail any additional information relating to sections 1-7 of this form, or any information that we have not made space for that you feel we should be aware of

Section 12: Key General Protection Information
Please provide details of all non-investment plans and policies currently in place i.e. Life assurance (level/decreasing), Critical Illness, Health, Mortgage Payment Protection, Buildings & Contents and other...

If ‘none’ please tick here
For Office Use:
Calculate total amount of cover and any shortfalls against the mortgage
Total Sum Covered
Shortfall Against Mortgage

	Applicant 1	Applicant 2
Title
Forename(s)
Surname
Maiden/Previous Name
Date of Change
Date of Birth
Sex
Marital Status
Nationality
National Insurance No.
Home Telephone
Work Telephone
Mobile Telephone
Email Address

	Owner	Tenant	Living with family/friends
Applicant 1
Applicant 2

	Yes	No
Mortgage or secured loan arrears?
Had a loan or mortgage refused?
Default(s) registered against you?
CCJ(s) registered against you?
Been declared Bankrupt?
Entered into an IVA?
Entered into a Debt Management Plan?
Entered into an arrangement to pay with a creditor?

	Yes	No
Mortgage or secured loan arrears?
Had a loan or mortgage refused?
Default(s) registered against you?
CCJ(s) registered against you?
Been declared Bankrupt?
Entered into an IVA?
Entered into a Debt Management Plan?
Entered into an arrangement to pay with a creditor?

	Applicant 1	Applicant 2
Current Lender
Account Number
Outstanding Balance ( £ )
Monthly Payment ( £ )
Remaining Term (years)
Repayment Type
Current Interest Rate ( % age )

Fact Find

Section 1: Your Personal Details

Section 2: Your Employment & Income Details

Section 3: Your Credit Status

Section 4: Assets

Section 5: Credit Commitments

Section 6: Existing Property Portfolio

Section 7: Budget Planner & Expenditure

Section 8: Existing Mortgage Details (if applicable)

Section 9: New Mortgage Details

Section 10: Mortgage Product Details

Section 11: Security Property Details

Section 12: Key General Protection Information

Additional Information

Level of Risk	Description
Cautious	People in this category, set as their main priority the guaranteed repayment of their loan and are unwilling to risk not having the full amount repaid at final redemption or they do not have access to other funds that could be utilised at redemption.
Balanced	People in this category, set as their main priority a strong wish that their mortgage debt should be repaid at redemption however, they are willing to take some risk as they have access to other funds that which could be used to repay part or all of the mortgage at sometime in the future.
Speculative	People in this category are unconcerned about repayment of their mortgage and do not set as their main priority the wish to have the mortgage full repaid at redemption due to the existence of other assets that they have identified to to be available to repay all or part of the loan at redemption.