MORTGAGE & MORTGAGE PROTECTION FACTFIND

CLIENT NAME (S):

DATE:

Instructions for use:

Data items in bold are system mandatory i.e. it will not be possible to submit the business in iPoS without this information. If the client has any existing arrangements capture the relevant information ensuring you collect the bold data items as a minimum.

Disclosure

Observed Sale? / Yes / No / If Yes Who?
Buyer Type / Home Owner / First Time Buyer
Load Purpose / Purchase / Remortgage / Buy to Let / Further Advance
SCDD given / Date: / Version No.
Date of Fact Find / Date:

Loan Details

Purchase via a special purchase scheme? / Yes / No
If Yes - Under which scheme are you purchasing / Right to Buy, Shared Ownership, Homebuy, Keyworker, Family Sale
What is the estimated value of the property?
What loan amount do you require?
What is your preferred repayment type? / Repayment / Interest Only / Other
Is this a split mortgage? / Yes / No
If Yes - Amount on interest only basis?
What term would you like your loan over?
Source of Deposit
Personal Details / Client 1 / Client 2
Title
Forenames
Middle name(s)
Surname
Preferred name
Date of Birth
Gender
Marital Status
Smoker / Yes / No / Yes / No
Present at interview? / Yes / No / Yes / No
Are the clients related by marriage/civil partnership? / Yes / No
Current Address / Client 1 / Client 2
House Number & Street
Town / City
County
Postcode
Residential status
Time at this address?
New Address / Client 1 / Client 2
Is there a New Property Address? / Yes / No / Yes / No
House Number & Street
Town / City
County
Postcode
Residential status
Previous Address Details (If less than 3yrs in Current Address) / Client 1 / Client 2
House Number & Street
Town / City
County
Postcode
Occupancy Type
Date you moved in to your previous address?
How long did you live at your previous address?
Contact Details / Client 1 / Client 2
Preferred contact Method / Home/Work/Mobile/Email/Postal Mail / Home/Work/Mobile/Email/Postal Mail
Home, Work, Mobile Telephone Numbers
Employment / Income / Client 1 / Client 2
Main Employment status / Employed / Self-employed / Other / Employed / Self-employed / Other
Preferred Retirement Age
Details if mortgage will extend into retirement
National Insurance Number
Tax Reference Number
Employment / Client 1 / Client 2
Your employer's name
Employers Address Line 1
Employers Address Line 2
County
Postcode
Country
Employers Tel No.
Your occupation / Professional / Clerical / Skilled / Manual / Professional / Clerical / Skilled / Manual
Job title
Basis of employment
Nature of business
Service (Yrs & Mths)
Main employment? / Yes / No / Yes / No
Current basic income
Regular overtime
Guaranteed bonus
Regular bonus
Commission
Allowances
Self Employment / Client 1 / Client 2
Business name
What is the nature of your Business / Occupation?
In what year was the business established?
Are you a partner or sole trader? / Partner / Sole Trader
What % of the shares in this business do you own?
How long have you part /owned this business
Share of net profit - latest period
Ending on
Share of net profit - Previous period
Ending on
Share of net profit - Previous period
Ending on
Other Income / Client 1 / Client 2
Income type
Details
Gross amount (per period)
Income Status / Client 1 / Client 2
Status / Full Status / Self Cert
Details
Gross amount (per period)

Dependents

Name Date Of BirthDep on App 1or 2

Anything else I need to take into account?
Financial Commitments / Client 1 / Client 2
Do the applicants have any mortgages? / Yes / No / Yes / No
If Yes - Owners of this account / Single / Joint with Client 2 / Other / Single / Joint with Client 1 / Other
Main mortgage for your present address? / Yes / No / Yes / No
Mortgage lender
Mortgage account number
Product type
Outstanding balance
Repayment basis / Int Only / Repayment / Part & Part / Int Only / Repayment / Part & Part
Start date
Outstanding mortgage term
Current monthly payment
Mortgage to be repaid? / Yes / No / Yes / No
If Yes - Do penalties apply to the mortgage?
If Yes - Penalty amount and expiry date
Other Financial Commitments / Client 1 / Client 2
Do the applicants have any other financial commitments? / Yes / No / Yes / No
If Yes - Owners of this account / Single / Joint with Client 2 / Other / Single / Joint with Client 1 / Other
Type
Provider Name
Amount Outstanding
Monthly Payment
Interest Rate
Years/Months left
Commitment to be repaid? / Yes / No / Yes / No
If Yes - Do penalties apply to the mortgage?
If Yes - Penalty amount and expiry date
Monthly Expenditure / Joint
Rent / £
Council Tax / £
Utilities / £
Phone/Internet/TV / £
Housekeeping / £
Travel / £
Childcare / £
Maintenance/Alimony / £
Motoring/Car Insurance / £
Household Insurance / £
Life/Protection Insurance / £
Regular Savings/Pensions / £
Other Expenditure / £
Total Monthly Expenditure / £
Credit History / Client 1 / Client 2
Have you missed more than 2 consecutive Credit Card or Store Card Payments in the last 3 years? / Yes / No / Yes / No
Are you currently, or have you ever been, in arrears with your rent, mortgage payments or other loans? / Yes / No / Yes / No
Have you ever had a mortgage on a property which has been repossessed or voluntarily surrendered? / Yes / No / Yes / No
Have you ever been bankrupt? / Yes / No / Yes / No
Have you ever had a County Court Judgment (CCJ) against you? / Yes / No / Yes / No
Have you ever made arrangements with creditors (Individual Voluntary Agreement)? / Yes / No / Yes / No
Have you been declined a mortgage on any property in the last 5 years? / Yes / No / Yes / No
Additional details for any Yes answers above:

Potential Changes – Lifestyle

Do you think that any of the following events listed are likely to happen? These events could affect your lifestyle, income or expenditure and may be an influence in deciding what is the best solution for your needs.

Potential Changes / Client 1 / Client 2
Do you anticipate any significant changes in income? / Yes / No / Yes / No
Change Type / Increase / Decrease / Increase / Decrease
How much? / £ / £
When?
Notes:
Do you anticipate any significant changes in expenditure? / Yes / No / Yes / No
Change Type / Increase / Decrease / Increase / Decrease
How much? / £ / £
When?
Notes:
Are you likely to receive a capital lump sum within the mortgage term? / Yes / No / Yes / No
How much? / £ / £
When?
Notes:
Do you expect to make regular overpayments? / Yes / No / Yes / No
How much? / £ / £
How often?
How long do you intend to stay in the property?
Additional details/ Notes

Your Requirements

Requirements are those features that any mortgage must have in order to make it suitable for your needs.

Order of Priority (1 – 12)
Low payments in the early years
Assistance with fees
No early repayment charges
No extended early repayment charges
A cash lump sum at the outset of the loan
Ability to make regular overpayments
Ability to make lump sum payments
Take advantage of variations in interest rates
Stability of payments
Linked to Bank of England base rate
Ability to budget
Flexible payment arrangements
Anything else I need to take into account?

Package Shaping
and Demands & Needs

Life Assurance & General Insurance Existing Arrangements

Property Insurance Policies
Cover Type / Buildings / Contents
Property Usage / Main Residence / BTL / Other
Accidental Cover Damage Included? / Yes / No / Yes / No
Cover Amount / £ / £
Provider
Policy Number
Premium / £ / £
Frequency
Renewal Date
Life Protection Policies
Owner / 1 / 2 / Joint / 1 / 2 / Joint
Policy Type
Provider
Policy Number
Remaining Term
Sum Assured / £ / £
Lives Assured
Premium / £ / £
Frequency
Renewal Date
Will this policy be used for the purpose of protecting the mortgage? / Yes / No / Yes / No
Critical Illness Policies
Owner / 1 / 2 / Joint / 1 / 2 / Joint
Provider
Policy Number
Remaining Term
Sum Assured / £ / £
Premium / £ / £
Frequency
Renewal Date
Will this policy be used for the purpose of protecting the mortgage? / Yes / No / Yes / No
Mortgage Payment Protection Policies
Owner / 1 / 2 / Joint / 1 / 2 / Joint
Policy Type / Disability / Unemployment / Both / Disability / Unemployment / Both
Provider
Policy Number
Benefit Amount / Frequency
Benefit Period
Deferred Period
Benefit 2 Amount / Frequency
Benefit Period 2
Deferred Period 2
Premium / £ / £
Frequency
Renewal Date
Will this policy be used for the purpose of protecting the mortgage? / Yes / No / Yes / No
Permanent Health Insurance Policies
Owner / 1 / 2 / Joint / 1 / 2 / Joint
Policy Type / ASU, IPB, Group IPB, Employers Benefit,
Multi-benefit / ASU, IPB, Group IPB, Employers Benefit,
Multi-benefit
Provider
Policy Number
Start Date
Renewal Date
Premium / £ / £
Premium Frequency
Benefit Amount 1
Deferred period 1 (weeks)
Benefit Amount 2
Deferred period 2 (weeks)
Benefits Indexed? / Yes / No / Yes / No
Wavier of Premium Included? / Yes / No / Yes / No
Frequency of Benefit Payments
Benefit payable for a specific number of months, years or until a specific age? / Number of Years:
or
Age: / Number of Years:
or
Age:
Will this policy be used for the purpose of protecting the mortgage? / Yes / No / Yes / No
Notes:

Life Assurance & General Insurance Requirements

Buildings & Contents Requirements
Type of Cover required / Buildings / Contents / Both
Property Usage / Main Residence / BTL / Other
Property Type
Year House Built
Number of Bedrooms
Rebuilding Sum Insured required / £
Property Postcode (If different)
Amount of Contents Cover required / £
Please give details of any specific items to be insured along with their value
Is affordability a key factor when considering our recommendation? / Yes / No
Is your home for which the insurance will apply...
In a police approved neighborhood watch area? / Yes / No
Protected by a professionally-installed burglar alarm which is maintained under a current annual service contract? / Yes / No
Are there any other insurance requirements? (Car/Travel) / Yes / No
Details:
Life Cover Requirements / Client 1 / Client 2
Cover Type / Term / FIB / WoL / Term / FIB / WoL
What is the value of life cover / annual income required? / £ / £
How long would you like the cover to last?
Is affordability a key factor when considering our recommendation? / Yes / No / Yes / No
Critical Illness Cover Requirements / Client 1 / Client 2
Cover Type / Term / FIB / WoL / Term / FIB / WoL
What is the value of critical Illness / annual income required? / £ / £
How long would you like the cover to last?
Is affordability a key factor when considering our recommendation? / Yes / No / Yes / No
Mortgage Protection Requirements / Client 1 / Client 2
Monthly cover amount required? / £ / £
Is affordability a key factor when considering our recommendation? / Yes / No / Yes / No
Income Protection Requirements / Client 1 / Client 2
Monthly cover amount required? / £ / £
Is affordability a key factor when considering our recommendation? / Yes / No / Yes / No

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