what do i need to take with me to the bank when arranging a mortgage?

Question

i'm married but the mortgage will be in my name. also, we have a large deposit, would we need evidence of this?

Answer 1

The exact requirements will vary from bank to bank and you usually have a few meetings with your mortgage arranger so they will tell you what to bring.

Usually you will need your bank info (account # sort code address etc) Proof of ID and address (driving license & utility bill - this is for money laundering legislation rules) three months bank statements, details of other credit outgongs such as credit cards, loans, store cards etc. Property details (price, address etc. as the mortgage company will want to arrance a valuation survey on the house you are going to buy) Also you'll need the details of the solicitor who is handling the conveyancing.

Depending on the size of your deposit, you may not need all of this info as many companies will 'fast track' applicants who are after a loan of low loan - to - value.

Good luck - and remember SHOP AROUND! there are alot of lenders with alot of deals, talk to at least 4 advisors before committing, I did and it saved me £185 per month off my payments!

Answer 2

After speaking to a mortgage adviser you need the following...
Last 3 bank statements and last 3 wage slips for both yourself and your partner.
A council tax bill for proof of present address (not sure why?)
For money laundering reasons, a copy of both your passports or birth certificates
The amount of deposit you are offering against the mortgage.
Make sure the mortgage adviser is not charging you a broker fee otherwise go elsewhere!

Answer 3

Take a copy of all utility bills, your drivers license, social security card, bank account info, and the deposit ticket for that deposit you made and any other bills you might have light for a car or another house, etc. Credit card account info, and so on. Anything that has to do with the money that goes out of your household each month and that would include child support. Previous years tax returns, and paycheck stubs or a bank statement showing them.

Answer 4

Certificates of income, information about any investments you are using as security, evidence about the deposit. Most other stuff the bank will be able to find out.

Answer 5

Remortgaging will be finished consisting of your man or woman economic agency. it frequently skill you want extra money for living house upkeep etc., and one loan will be paid off with the bigger loan, and also then you definately in simple terms have the hot one. if you're utilising yet another economic agency - operating example in case you are able to avail of a decrease fee of pastime and thereby decrease your expenses - the technique should be the same. One loan is sufficient to administration at a time. earlier you go down that direction, examine and be conscious if there is an early reimbursement penalty clause that may eat up the fee reductions you're making.

Answer 6

You need to provide all bank accounts (they will check you have the deposit when you do that), all debts owed, proof of address, solicitor details, details of the new property, valuation of your current property and the new property, (well done keeping the mortgage in your name v wise) details of any insurances you already have, good luck

Answer 7

i expect you will need at least 3 p60's and numerous amounts of payslips. sometimes a bank or BS or lender will ask for a letter from your employer for proof of earnings. for a good deal, try the nationwide. i got mine fixed at 4.89 % for 10 years

Answer 8

contact your bank and ask them what they need you to bring with you...
The usual is something to verify your name (passport, driving licence etc), something else to verify your address ( utility bill, bank statement etc)
also proof of income ..ie; 3 months worth of wage slips
bit it also depends on what else you have with your bank as to how much they will require, so give them a ring and ask.

Answer 9

take as much paperwork as you can to do with your earnings, your financial state (i.e. bank statements and credit card), know how much credit you already have outstanding and proof of identity passport or drivers liceince and utilities bill and most definately proof of deposit.... good luck x

Answer 10

Why don't you ring the Bank and ask what you would need to take with you.