Mortgage. In this application form, references to we, us and our are references to NRAM Limited and includes our successors and assigns.

Transcription

1 Mortgage In this application form, references to we, us and our are references to NRAM Limited and includes our successors and assigns. Existing Mortgage Account Number Mortgage Illustration Number This application form is to be used for porting cases only. The first thing we would like to know is your intended completion date (date of entry if in Scotland): / / Please can you also tell us your intended date for exchange of contracts (if applicable): / / Thank you For office use only Advice BNA0149V18 Version: 07/16

2 Please read the following notes before you start. If you have any questions, our staff will be pleased to help you. Our helpline number is * *Lines are open Monday to Friday 8:30am 6:00pm (excluding Bank Holidays). Calls are charged at your service provider s prevailing rate and may be monitored and recorded. Important customer information: If you provide all the information we ask for it will speed up the application process only when this form and your valuation/administration fees have been received by us, can we process your application You may not have to answer all the sections in this form depending on your requirements or circumstances we will be happy to advise you about this Please use block capitals and black ink and initial any alterations you need to make For joint mortgage applications you will need to complete both columns where necessary If you need extra space you may use Part 11: Additional Information If there are more than two applicants, you will need to complete an extra mortgage application form If you are applying to transfer your existing Buy to Let or Lifetime mortgage to a new proty, you will need to complete a different application form please refer to us or your Adviser Intermediaries/Advisers, please make sure that you complete the Intermediary/Adviser section at the beginning of this form Please note that it is an offence to knowingly give false, inaccurate or misleading information when applying for a mortgage. If you give such information, you may face criminal prosecution and/or civil action for the recovery of any losses incurred by us Alternative Format If you require correspondence in an alternative format, such as Braille, large print or audio, please call us on *. Lines are open 8:30am to 6:00pm weekdays. Alternatively please contact us via our web site at *Calls may be recorded for monitoring and training purposes. Charges for calling 03 numbers are the same as for calls made to standard UK landline phone numbers starting 01 or 02 and are also included in bundled minutes and unlimited call packages. Mortgage application 2/24

3 For Intermediary/Adviser use only You should be aware that we are unable to process applications from Intermediaries who are not authorised by the Financial Conduct Authority to carry out mortgage business. The following must be fully completed to help us to comply with our obligations under the Financial Conduct Authority s (FCA s) Mortgage Conduct of Business (MCOB) rules. Level of service a What level of service was provided to the applicant(s) in relation to the mortgage? Tick one box only Advice was given and a recommendation made that the applicant(s) apply for the mortgage product indicated (Advised Sale) advice was given and no recommendation made that the applicant(s) apply for the mortgage product indicated Please also tick the box on the front cover of this application form. Confirmation of identity Please note, for face-to-face verification one piece of name ID and one piece of address ID is required. For non face-to-face verification, an additional piece of ID (either name or address) will also be required. b c Money Laundering: please confirm how you verified the applicant(s) identity Details verification: please confirm what documentation you have seen to confirm the identification of the applicant(s) Please note that a driving licence or state pension/benefits book may be used as evidence for address OR identity, but not both. Documentation provided must be originals or true certified copies of an original document and signed by a member of a professional body, such as a solicitor or Accountant. If other please specify Face-to-face Name verification: n face-to-face Current signed passport or EEA Member State Identity Card Current UK/EEA photocard, or old style current UK full driving licence Shotgun or firearms certificate Inland Revenue tax notification Face-to-face Name verification: n face-to-face Current signed passport or EEA Member State Identity Card Current UK/EEA photocard, or old style current UK full driving licence Shotgun or firearms certificate Inland Revenue tax notification State pension or benefits book State pension or benefits book Sub Contractors Certificates CIS4 and CIS6 Sub Contractors Certificates CIS4 and CIS6 Other Other Address verification: Address verification: Most recent mortgage statement Most recent mortgage statement Council Tax/Local Rates bill Council Tax/Local Rates bill Bank/building society statement Bank/building society statement Utility bill (not mobile phone) Utility bill (not mobile phone) Current UK/EEA photocard, or old style current UK full driving licence Current UK/EEA photocard, or old style current UK full driving licence State pension or benefits book State pension or benefits book Other Other Mortgage application 3/24

4 (continued) Fees d What fee are you charging your client(s) for arranging this mortgage? e When is this due to be paid, or when was it paid? / / f Please tell us how much of these fees would be refunded to your client(s) following completion of this mortgage, and also state the circumstances under which this would happen Before signing this Declaration, please check the following parts have been fully completed: Part 6 (Product Details) Part 8 Part 10 (Solicitor s details) Intermediary/Adviser Declaration I confirm that in submitting this application, I have read and agree to the terms & conditions of your Intermediary Agreement (a copy of this has either been sent to you, can be provided on appointment or can be accessed in the Intermediary Useful Downloads area of our website: Confirmation of identity: I confirm that I have verified the identity of the applicant(s) named in Part 1 of this form. I have included documents suggested by the anti-money Laundering Guidelines as acceptable to verify identity and address. Confirmation of affordability: I have also discussed the mortgage payments with the applicant(s) and confirm that the applicant(s) can afford these payments. I confirm that I have discussed the plan for the repayment of any interest only element of the loan with the applicant(s). I understand that an Offer of Loan cannot be issued without this completed section. Signature Date Name Position Firm name and address Telephone Fax Your Panel P number Mortgage Club Reference Principal s/network s FCA ref. number (for standard mortgages if you are an Appointed Representative) Firm s FCA ref. number Please note: It is an offence to knowingly give false, inaccurate or misleading information when applying for a mortgage. If you give such information you may face criminal prosecution and/or civil action for recovery of any losses incurred by us. Mortgage application 4/24

5 Account numbers a Which other accounts do you already have with NRAM Limited? Residential Mortgage Buy to Let Mortgage Residential Mortgage Buy to Let Mortgage b Please give the additional account numbers Unsecured Personal Loan Unsecured Personal Loan 1 Your details About you (all applicants) 1 Title/Surname e.g. Mr, Mrs, Miss, Ms, Dr, Rev, other 2 Your first name(s) 3 Date of Birth in six digits e.g. 06/09/75 / / / / 4 Marital status Single Married Divorced Single Married Divorced Widowed Separated Co-habiting Widowed Separated Co-habiting 5 Nationality 6 Sex Male Female Male Female 7 Previous name(s), maiden name or any other name(s) by which you are known, or have been known within the last six years 8 Do you have any dependents? Dependents are people who rely on you for housing; for example your children, parents or siblings Name Relationship to you Date of Birth Reside in Proty / / / / / / 9 Permanent address including postcode As First applicant 10 Telephone numbers including STD codes Home Mobile Work Home Mobile Work Preferred contact time: AM PM Evening Preferred contact time: AM PM Evening Mortgage application 5/24

6 1 (continued) 11 When did you move to your manent address? If less than 3 years ago: please tell us your previous address(es) over the last 3 years, and how long you lived there Give your most recent address first; if you need space for more than one previous address, please use Part 11: Additional Information / / From: / / To: / / As First applicant / / From: / / To: / / 2 Your present residence 1 At your manent address, are you: If other, please specify Owner occupier Tenant Living with family/friends Owner occupier Tenant Living with family/friends Other Other 2 Do you have a mortgage on this proty? Questions 3 to 8 are only applicable if you have ticked owner occupier in question 1 above and you have a mortgage on that proty 3 Outstanding balance on mortgage 4 What is the current value of the proty? 5 What is the offer accepted on the proty 6 Do you intend to sell the proty on which this mortgage is secured and repay all of this mortgage before, or at the time of, completing on the new proty? If : how will the proty be used? 7 Mortgage account number 8 Name and address of mortgage lender As First applicant 3 Existing Financial Commitments Please give details of all mortgages, bank loans, current credit card or credit/hire purchase agreements, alimony, involving regular payments. If you have more than four, please provide the same details as requested above for each loan in section 11. Loans 1 Lender name Loan 1 Loan 2 Loan 3 Loan 4 continued on the next page Mortgage application 6/24

7 3 (continued) 2 Type of loan (tick one only) Loan 1 Loan 2 Loan 3 Loan 4 BTL BTL BTL BTL 2nd mortgage 2nd mortgage 2nd mortgage 2nd mortgage Credit cards Credit cards Credit cards Credit cards Store cards Store cards Store cards Store cards Car finance Car finance Car finance Car finance Payday loan Payday loan Payday loan Payday loan HP arrangement HP arrangement HP arrangement HP arrangement Other loan Other loan Other loan Other loan Alimony Alimony Alimony Alimony 3 Borrower(s) name(s) 4 Reference number (Credit card number, loan number etc.) 5 Current Balance 6 Monthly payment 7 Please indicate the total monthly payment of all loans 8 Date the loan is due to be repaid 9 Is the loan secured against your home? / / / / / / / / Expenditure Details Please give details of your other main monthly outgoings. We will use this information to assess whether you can reasonably afford the mortgage payment. Household bills 1 Monthly gas bill 2 Monthly electricity bill 3 Monthly water bill 4 Monthly Council tax bill 5 Monthly expenditure on other fuels (if applicable) 6 Monthly expenditure on household insurance 7 Monthly expenditure on TV, Satellite & Internet 8 Monthly expenditure on food & household goods 9 Monthly expenditure for Service Charges/Ground Rent (if applicable) Living Costs 10 Monthly expenditure on household repair, DIY and upkeep 11 Monthly expenditure on alcohol and tobacco continued on the next page Mortgage application 7/24

8 3 (continued) Living Costs (continued) 12 Monthly expenditure on healthcare 13 Monthly expenditure on clothes, jewellery & accessories 14 Monthly expenditure on phones & mobiles 15 Monthly expenditure on newspas, magazines & books 16 Monthly expenditure on hair & cosmetics 17 Monthly expenditure on Laundry/dry cleaning 18 Monthly expenditure on life assurance/pension 19 Monthly expenditure on disability/mobility costs 20 Monthly expenditure on school meals and meals at work 21 Monthly expenditure on sundries, emergencies and contingencies 22 Monthly expenditure on electric goods & appliances Children, Pets, Travel and Leisure 23 Monthly expenditure on education 24 Monthly expenditure on childcare 25 Monthly expenditure on petcare 26 Monthly expenditure on toys, gifts & allowance 27 Are you liable to pay any maintenance/child support payments? If, how much month? 28 Monthly expenditure on parking 29 Monthly expenditure on public transport 30 Monthly expenditure on vehicle fuel 31 Monthly expenditure on vehicle insurance 32 Monthly expenditure on MOT/servicing 33 Monthly expenditure on vehicle tax 34 Monthly expenditure on other travel 35 Monthly expenditure on going out 36 Monthly expenditure on holidays 37 Monthly expenditure on lottery and gambling 38 Monthly expenditure on sports & hobbies 39 Monthly expenditure on takeaway meals 40 Monthly expenditure on charitable contributions Mortgage application 8/24

9 3 (continued) Court judgments/decrees/insolvency/bankruptcy/credit defaults Have you ever been insolvent, bankrupt, sequestrated, made arrangements with your creditors or been involved in any court proceedings for debt in the last 6 years? ( ) If yes please give details (including how many County Court Judgments or Bankruptcy Undertakings, if any) on the additional information sheet at the back (Applicant with highest income) CCJ Bankruptcy/insolvency/ sequestrated Have you had a proty repossessed Credit defaults CCJ Bankruptcy/insolvency/ sequestrated Have you had a proty repossessed Credit defaults 4 Credit (Asset) Data Items/Financial Details Current Bank Account Details 1 Bank/building society name 2 Full address 3 4 Sort code and account number 5 Time with bank years months years months 6 Including the one above which other bank/building society accounts do you have? Please tick ( ) Current High Interest Deposit Cheque Current High Interest Deposit Cheque Business Loan Business Loan Other (please specify) Other (please specify) 7 Cash in Building Society/ Bank accounts Savings Account Details 8 Do you have one or more savings accounts? (Y/N) If yes: Total savings Amount Names of institutions the savings accounts are held with Other Investments 9 Do you have any other investments? (Y/N) If yes: Total investment Amount Names of institutions these investments are held with Mortgage application 9/24

10 5 Employment details 5a For employees (and company Directors/Partners that hold less than 20% of shares in their company) It is important to note that whilst we require you to complete all of the income questions, where applicable, some of this information may not be included within our affordability assessment and final decision. Allowable income is subject to our policy at the time of assessment. 1 Occupation 2 Length of service years months years months 3 Is your employment manent? If : please tell us the date that the employment iod will end Is your contract likely to be renewed? / / / / 4 Are you still in a probationary iod with your current employment 5 Employer s name 6 Employer s address 7 Employer s postcode 8 Nature of employer s business 9 Net basic income month (after tax) 10 Net bonus amount month (after tax) 11 Net commission amount month (after tax) 12 Net overtime month (after tax) 13 Net mortgage allowance paid by your employer (after tax) 14 What is your anticipated retirement age? If this will be before the end of the mortgage term, please tell us how you intend to pay your monthly mortgage payments from the date of retirement until the end of the mortgage term years years 15 If you have been with your present employer for less than three years, please give name and address and length of service with your previous employer years months years months 16 Nature of previous employer s business Mortgage application 10/24

11 5 Your self-employed income details 5b For Self Employed (and company directors who hold 20% or more shares in the company) We may require original/true certified/audited accounts or an income tax self-assessment (SA302). 1 Nature of business 2 Company name 3 Position in company 4 How long in business years months years months 5 Address 6 7 If director or part owner please indicate share 8 Last three years share of net profit, and year ended % % Year Year Year Year Year Year 9 If you also receive a salary in addition to the above net profit, please indicate here 10 If you also receive a dividend in addition to the above net profit, please indicate here 11 What is your anticipated retirement age? years years If this will be before the end of the mortgage term, please tell us how you intend to pay your monthly mortgage payments from the date of retirement until the end of the mortgage term 12 Name of accountant 13 Address of accountant 14 Accountants 15 Accountants telephone number 16 Professional qualifications of accountant Please include last three years original/true certified accounts with this application form 17 If you have been self employed in your present business for less than three years, please give name and address and length of service with your previous employer/self employment years months years months 18 Nature of previous employer s business Mortgage application 11/24

12 5 (continued) 5c Other income details 1 Net monthly pension income (after tax) 2 Pension Credit 3 Net monthly rental income (after tax)* 4 Monthly rent a room income 5 Additional Income 6 Source of additional income 7 (If employment) Nature of employers business Employer s name, address and postcode Occupation 8 Maintenance Received 9 Child Benefit 10 Contributions from non mortgage holders 11 Disability living allowance 12 Guaranteed disability allowance 13 Housing benefit 14 Incapacity benefit 15 Income support 16 Job Seeker Allowance 17 Tax Credits 18 Universal Credit 19 Other Income amount and source Documentation provided must be originals or true certified copies of an original document and signed by a member of a professional body, such as a solicitor or Accountant. *Buy to let account and the requirement for proof of rental income: Please provide the following evidence: 1 Copies of current tenancy agreement; 2 Copies of your last 1 month bank statements showing receipts of rental income, or if the proty is empty, please provide a letter from the Association of Residential Lettings Agents confirming the rental income. Mortgage application 12/24

13 6 Product Details Your mortgage loan requirements (all applicants) If we have already sent you an updated mortgage Key Facts Illustration in relation to this application, please check that the details you give below match those detailed in that illustration. 1 Total amount of mortgage loan required and term on this proty. Please note that no additional borrowing is allowed Secured amount Term Unsecured amount Term 2 Current mortgage repayment method Repayment Interest only Part interest only and part repayment 3 If your mortgage is part interest only and part repayment, please tell us how this is to be apportioned? Repayment Interest only 4 If your mortgage is either interest only or part interest only and part repayment, what repayment strategy do you have? Pension ISA Endowment Policy Provider Current total Monthly amount Expected balance at the end of the mortgage term? Declaration: You agree that you will pay any of the outstanding unsecured amount prior to or on completion of this new loan. 7 Details of new purchase 1 Proty purchase price 2 Deposit amount 3 What is the source of the deposit? e.g. own sonal savings, inheritance, sale of present home, gift 4 Is it a former Local Authority, rthern Ireland Housing Executive, Ministry of Defence or Housing Association proty? (former) Mortgage application 13/24

14 8 About the new proty 1 Type of proty If other, please specify House Flat/maisonette Bungalow Other 2 Description of the proty Detached Semi-detached Terraced Part of block 3 Number of garages (if any) 4 If the proty has allocated parking, is it off-site or on-site? Off-site On-site 5 Is the proty next to or above retail/business premises? If, we may not be able to proceed with your application please give details and refer to us or your Adviser Position of premises in relation to your proty Type of premises Proty details (all proty types) 6 What is the tenure of the proty? If leasehold: please give details 7 Please give details of the accommodation Please note that en-suites without a bath, and shower rooms, don t count as bathrooms. Outbuildings are buildings like detached workshops, stables and barns 8 Construction type of the walls If other, we may not be able to proceed with your application please give details and refer to us or your Adviser Leasehold Remaining term Number of living rooms Number of bathrooms Other (please specify) Freehold/Absolute owner (Scotland) Number of bedrooms Number of separate toilets Ground rent year Number of kitchens Number of outbuildings Stone Brick Timberframe Other 9 What is the roof made of? If other please specify Slate or tile Other 10 What type of roof does the proty have? If other please specify Flat Pitched 11 Full address of the proty Other 12 When was the proty built? If you don t know the exact year, please give the approximate year that it was built 13 Is the proty wholly for your own or your dependants private residential purposes? If : please give details 14 Will this proty be your main residence? 15 Will at least 40% of the proty be used for residential use? If : please indicate what centage of the proty will be used for residential use and tell us for what other purpose the proty is used e.g. let to tenants, let to family, part business/part private Mortgage application 14/24

15 8 (continued) Questions 16 to 20 are only applicable to flats and maisonettes 16 If the flat/maisonette is in a block, please give details Number of flats in block Number of storeys in block On what floor is the flat 17 Is the proty: If the proty is a studio, we may not be able to proceed with your application please refer to us or your Adviser Converted Maisonette Purpose built Studio 18 Does the proty have a lift? 19 Is this a former Local Housing Authority, Housing Association or rthern Ireland Housing Executive proty? If and the flat is in a block: what approximate centage of the block is owner-occupied? % 20 Does the proty have deck access (if applicable)? Deck access is common access to proties on storeys above ground level If, we may not be able to proceed with your application please refer to us or your Adviser Questions 21 to 23 are only applicable if the proty is a new build or under 10 years old 21 Please give the name of the builders who built, or are building, the proty 22 Are these builders registered with the NHBC or Zurich Newbuild Scheme? If : please give details of the chartered architects or chartered surveyor who suvised, or are suvising, the build Builders name Architect/surveyor Address 23 If this is a new build proty, are you getting any discounts or incentives as part of the package? If : please give details Mortgage application 15/24

16 9 Valuation of the proty MORTGAGE VALUATION REPORT We will need to obtain a Mortgage Valuation Report. This is a limited report and is not a survey of the proty. It is prepared solely for our purposes and as such should not be relied on by you as a report on condition. If you require, we can introduce you to firms of chartered surveyors that you can instruct to carry out a more detailed Homebuyers Survey and Valuation. This may be appropriate if you are buying a proty. If you require either of these two more detailed reports please indicate below: Mortgage Valuation Report Homebuyers Survey and Valuation NOTE: If you have not indicated that you require a Homebuyers Survey and Valuation, we will process this mortgage application on the basis of a Mortgage Valuation Report. If you are not already the owner of the proty, please give the name, address and telephone number of the son we can contact to make arrangements for the valuation. If this son is not the owner of the proty please give details Telephone Please state the names and telephone number of any selling agent Telephone PURCHASES IN SCOTLAND Where a valuation of this proty has already been carried out, what was the cost of this valuation? Who carried out the report? The type of report was: Mortgage Valuation report Homebuyers Survey and Valuation Building Survey Your valuation/application fees should be paid by cheque or postal order (we do not accept debit, credit card or cash payments). Please note that we cannot process your application or instruct a valuation until the cheque or postal order is received by us. Please make it payable to NRAM Limited and enclose it with your application. 10 Your solicitor/licensed conveyancer details 1 Please give the name and address of the firm and contact details for your solicitor/licensed conveyancer Name of solicitor dealing with your case Telephone Fax Mortgage application 16/24

17 11 Additional Information Use this section if you need more space to answer any questions Part Question Further details no. no. Part Question Further details no. no. If there is insufficient space to provide all your additional information, please use the blank sheets at the back of this form. Mortgage application 17/24

18 12 Declaration Before signing the applicant(s) Declaration on the next page: n Please ensure that you have read the important customer information at the beginning of this form. n Please check your answers in each section to ensure you have given us all the information we need to process your application. The checklist at the end of this form will help you with this. n The information you give will form the basis of your contract with us. If there are any other material facts that could reasonably be construed as likely to influence our decision about this loan application, but which have not been revealed as a result of answering specific questions within this application form, you must tick this box and provide details in Part 13: Additional Information: n We give no assurance that by the making of an advance, the price agreed to be paid for the proty is reasonable. You agree and declare that: Declaration points 1-10 are applicable to ALL applicants (please note, a figure must be entered in Declaration point 6 before we can process your application) 1 A Mortgage Valuation Report will be arranged by us. You understand that this report is intended solely for the purpose of us in considering this application for a loan, and is not intended to be a detailed inspection of the proty. 2 Neither we nor our valuer warrants that the condition of the proty or the price paid is reasonable, and that it is for you to satisfy yourself as to the value and condition of the proty. If you require, we can introduce you to firms of chartered surveyors you can instruct to carry out a more detailed Homebuyer s Survey and Valuation. 3 You certify that where the loan is paid by one applicant, then that payment should be treated as made for, and on behalf of, all applicants. 4 You agree to keep the proty fully insured until the loan is fully repaid. 5 You are over 18 years of age. 6 If the proty is upvalued or down valued the valuation fee is subject to change. 7 You apply for a loan to be made on the security of the proty and have enclosed a cheque or postal order for the valuation fee of This fee includes a non-refundable application fee. Whether or not a loan is made, you will meet the cost of the valuation. 8 You accept that one of the terms of applying for a loan is that we need not give any reason for declining the application. 9 You will not let the proty without our prior written consent. 10 You authorise NRAM Limited or any solicitor/licensed conveyancer appointed by us to obtain account information (including repayment figures) from your lender. Using Your Personal Information The sonal information you supply to us as well as information we already hold, may be used in a number of ways, for example: n To assess and process this and future applications; n To verify your identity; n To prevent fraud and money laundering; n To manage your account(s); n For management of arrears and debt collection; n For audit purposes, research and statistical analysis; and n To identify other products and services which might be suitable for you (with your consent). (a) We may share your information with, and obtain information about you from, credit reference agencies or fraud prevention agencies as outlined above. This may include details of any previous or subsequent names. (b) 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. For further details as to how your information held by fraud prevention agencies may be used please see below. (c) We may seek appropriate references we consider necessary in respect of this application. You will meet the costs for this. (d) In addition to the above we will not ordinarily disclose information to other organisations (including subsidiaries of ours) except to help prevent fraud, where we are required by law, mitted under the Data Protection Act or in order to process your application. Where we pass on information, this will be treated with the same degree of care. (e) In order for us to offer you the best levels of service, we would like to provide you with information from time to time about products and services by post, fax, telephone, or other electronic means. This may include other firm s products although we will not disclose your information to them. Please tick here if you do not wish to receive this information. (f) We may use your information to make credit scoring decisions. To enable us to do this we may make enquiries about you with licensed credit reference agencies who will keep a record of the search. This information may be shared with other lenders for the purposes of making lending decisions about you and for occasional debt tracing and fraud prevention. We may from time to time be required to process sonal data about you which the Data Protection Act 1998 defines as sensitive, such as health data or criminal convictions. By providing this data you signify your consent to such data being processed by NRAM and its service providers and agents for the above purposes. You declare that you are entitled to disclose information about all applicants and/or anyone else referred to by you and authorise us to search, link and/ or record information at credit reference agencies about you and anyone else referred to by you. For further information on how your information may be used by credit reference agencies, fraud prevention agencies, and ourselves, contact NRAM, Mortgage Oations, PO Box 625, Durham, DH1 9JJ. You can obtain a copy of the information we hold about you (for a fee) by writing to the above address. You also have a right to have any inaccuracies deleted or corrected. Declaration points are only applicable to Flexible Mortgage Product applicants 11 You understand that where either a payment holiday or refund of overpayments is requested by one applicant, then it will be treated as made for, and with the agreement of, all applicants. If we become aware of a dispute between borrowers, then we reserve the right to suspend the payment holiday or refund of overpayments facility until we are satisfied that the dispute has been resolved. 12 You understand that where the mortgage is in joint names, the authority of only one of you is necessary to request a payment holiday or a refund of overpayments. 13 You understand that we will be the sole arbiter about the method used to send refunds of overpayments. Mortgage application 18/24

19 12 (continued) Declaration points are applicable to ALL applicants 14 You understand that we may transfer, or otherwise dispose of, the benefit of the proposed loan, mortgage and other security for the loan to any son without further reference to you. By signing this application form you will be giving your general consent to us to transfer, or otherwise dispose of, the proposed loan, mortgage and other security for the loan should we so wish. 15 You understand that we may disclose information and documents relating to you, the proty, the mortgage and the conduct of the mortgage account to any transferee or potential transferee. 16 The Financial Conduct Authority (FCA) regulates most new mortgage contracts entered into in the UK. Before entering into a new mortgage contract with us we will tell you whether it is an FCA Regulated Mortgage Contract. Applications via mortgage intermediaries where you have asked an intermediary for advice and a recommendation about a mortgage product, the intermediary is responsible to you for any advice they give or any recommendation they make. You should notify the intermediary of any material changes that may be made to the application in order that they can provide you with a revised Mortgage Illustration. Applications made direct to us We are bound by the FCA s Mortgage Conduct of Business (MCOB) rules. 17 Contacting you during unsocial hours: rmally we would prefer to contact you between 9.00am-9.00pm, Monday to Saturday. Occasionally, throughout the term of the mortgage, we may need to contact you outside these hours. Please tick this box if you do not want us to contact you outside the times stated: Signature(s) and applicant(s) Declaration Before you sign, please check your answers throughout this form to ensure that you have provided all the information we need. You declare that the statements and particulars given in this application are, to the best of your knowledge and belief, true and complete. You agree that the insurance will not be in force until the application has been accepted by the Insurer. By signing this application form you will be agreeing that any son interested now, or in the future, in the loan, the mortgage and other security may rely upon the truth and accuracy of the information contained in this application and any supporting documentation, information or security. It is an offence to knowingly give false, inaccurate or misleading information when applying for a mortgage. If you give such information you may face criminal prosecution and/or civil action for recovery of any losses we incur. Signature Date Signature Date DON T WRITE BELOW THIS LINE Mortgage application 19/24

20 13 Payment details Valuation/application fees (all applicants) Your valuation/application fees should be paid by cheque or postal order. Please note that we cannot process your application or instruct a evaluation until the cheque or postal order is received by us. Please make it payable to NRAM Limited and enclose it with your application. Direct Debit for your monthly mortgage payments (all applicants) This Direct Debit instruction must be fully completed, signed and dated before your application can be processed. If you complete this form, your mortgage payments will be collected from your bank account by Direct Debit. You will need to cancel your existing payment methods once you have received confirmation your Direct Debit has been set up. Direct Debit payments are collected on the date you request each calendar month. Instruction to your bank or building society to pay by Direct Debit Please fill in the whole form including official use box using a ball point pen and send it to: NRAM Mortgage Oations, PO BOX 625 DURHAM DH1 9JJ Service user number FOR NRAM LIMITED OFFICIAL USE ONLY This is not part of the instruction to your bank or building society. Name(s) of account holder(s) You can let us know the day of the month you would like your Direct Debit to be collected from your Bank Account by entering the day here: Branch sort code Bank/building society account number Name and full postal address of your bank or building society To: The Manager Bank/building society Address Instruction to your bank or building society Please pay NRAM Limited Direct Debits from the account detailed in this Instruction subject to the safeguards assured by the Direct Debit Guarantee. I understand that this Instruction may remain with NRAM Limited and, if so, details will be passed electronically to my bank/building society. Signature(s) Reference Date Banks and building societies may not accept Direct Debit Instructions for some types of account This guarantee should be detached and retained by the payer. The Direct Debit Guarantee This Guarantee is offered by all banks and building societies that accept instructions to pay Direct Debits If there are any changes to the amount, date or frequency of your Direct Debit NRAM Limited we will notify you in 4 working days in advance of your account being debited or as otherwise agreed. If you request NRAM Limited to collect a payment, confirmation of the amount and date will be given to you at the time of the request. If an error is made in the payment of your Direct Debit, by NRAM Limited or your bank or building society, you are entitled to a full and immediate refund of the amount paid from your bank or building society If you receive a refund you are not entitled to, you must pay it back when NRAM Limited asks you to You can cancel a Direct Debit at any time by simply contacting your bank or building society. Written confirmation may be required. Please also notify us. Mortgage application 20/24

21

22 Checklist To help us process your application more quickly, please check the following as an incomplete form can cause delays. Documentation provided must be originals or true certified copies of an original document and signed by a member of a professional body, such as a solicitor or Accountant. Please do not enclose copies of any illustrations you have been given - you should retain these for future reference. All applicants please check that you have: signed and dated the Declaration in Part 12 signed and dated the Direct Debit instruction(s) in Part 13 included your Valuation/administration fee cheque (if applicable) included your current P60 form (end of tax year statement). (Original or true certified copies). If you are an employee please check that you have: included your latest 3 months salary slips (or last 8 weeks wage slips if paid weekly) (Original or true certified copies) If you are self-employed please check that you have: included your Accountants details in section 5 b Thank you for completing this application. Assuming your application includes all the information we have asked for and is approved, we will contact you to confirm this. Please return this form using the Freepost envelope provided. NRAM Limited. Registered office: Croft Road, Crossflatts, Bingley, West Yorkshire, BD16 2UA. Registered in England and Wales (Company ). Authorised and regulated by the Financial Conduct Authority. Reg NRAM Limited is part of the UK Asset Resolution Limited group. Mortgage application 22/24

23 Continuation Sheet NRAM Limited. Registered office: Croft Road, Crossflatts, Bingley, West Yorkshire, BD16 2UA. Registered in England and Wales (Company ). Authorised and regulated by the Financial Conduct Authority. Reg NRAM Limited is part of the UK Asset Resolution Limited group. Mortgage application 23/24

24 Continuation Sheet NRAM Limited. Registered office: Croft Road, Crossflatts, Bingley, West Yorkshire, BD16 2UA. Registered in England and Wales (Company ). Authorised and regulated by the Financial Conduct Authority. Reg NRAM Limited is part of the UK Asset Resolution Limited group. Mortgage application 24/24