Proof of identity and address is very important when we give mortgage advice. This guide will help you prepare ahead of your application.
We are required by law to obtain proof of identity and address.
You need at least one proof of identity and one proof address from the following list for each person on the mortgage.
Government issued document with a photograph that includes full name and either residential address or date of birth.
Requirements can differ but the following should cover most Lenders
Proof of income for the self-employed (including company director/owners) can be a little complex so you will find this on the separate page (click here option for this)
Three full months most recent bank statements are required for each applicant, they are to include, income and main outgoings. If these are on separate accounts then we will need to see these too.
We are going to need proof of deposit to prove it is coming from an acceptable source.
We require a copy of all applicants credit reports, Lenders will examine your financial history. You can obtain a full free report at www.noddle.co.uk
On application of the mortgage, the lender to check your credit history will do a credit search. If they cannot see you on the electoral role for the last 6 years then they may ask for proof that you actually were living where you say you were living. Examples of what they may ask for are credit card or bank statements, one for each six months that you are missing from the electoral role.
The above is a guide to what paperwork will cover most Lenders requirements. If you have any questions about the required documents then please ask us.