Use this document to gather and record all the client information necessary to complete a full Buy-to-Let application. Please note: this document is solely for your own reference. To submit an application, you must enter all details onto the online portal. FOR LIMITED COMPANY/LLP APPLICATIONS Registered company name: Registered company number: Current tax year end date SHAREHOLDING OF APPLICANTS Applicant 1 (%): Applicant 2 (%): Applicant 3 (%): Applicant 4 (%): FINANCIAL DATA FOR LAST 3 YEARS (FROM COMPANY ACCOUNTS) Turnover Last year: Net profit before tax Last year: 1
PERSONAL DETAILS APPLICANT 1 APPLICANT 2 (if applicable) National Insurance number: National Insurance number: Time resident in UK: Time resident in UK: Marital status: Marital status: dependants: dependants: Date moved to current address: Date moved to current address: Previous address(es), if less than 3 years at current address: Previous address(es), if less than 3 years at current address: Residential status: Residential status: Owner with no mortgage Owner with mortgage Owner with no mortgage Owner with mortgage Tenant With family or friend Tenant With family or friend 2
APPLICANT 3 (if applicable) APPLICANT 4 (if applicable) National Insurance number: National Insurance number: Time resident in UK: Time resident in UK: Marital status: Marital status: dependants: dependants: Date moved to current address: Date moved to current address: Previous address(es), if less than 3 years at current address: Previous address(es), if less than 3 years at current address: Residential status: Residential status: Owner with no mortgage Owner with mortgage Owner with no mortgage Owner with mortgage Tenant With family or friend Tenant With family or friend 3
EMPLOYMENT DETAILS APPLICANT 1 APPLICANT 2 (if applicable) Employment status: Employment status: Previous employment (if less than 3 years at current job) Previous employment (if less than 3 years at current job) Date left Date left 4
APPLICANT 3 (if applicable APPLICANT 4 (if applicable) Employment status: Employment status: Previous employment (if less than 3 years at current job) Previous employment (if less than 3 years at current job) Date left Date left 5
PROPERTY INCOME FOR LAST 3 YEARS Total monthly rental income Last year: Net profit before tax Last year: NB A full portfolio summary must be provided in one of three ways: Uploading client s own portfolio spreadsheet; OR completing the LendInvest portfolio template; OR manually entering the details of each property through the online portal. DETAILS OF PROPERTY TO BE MORTGAGED floors: bedrooms: kitchens: living rooms: Is there a lift? tenants: Brick and tile construction? (please provide details if no): Is there a garage? Approximate year built: If leasehold Service charge: pa Ground rent: pa Will you be in receipt of any discount, price reduction, case payment or incentive in respect of this property? Please provide details if yes: 6
DETAILS OF MORTGAGE REQUIRED Exit strategy: Sale Refinance VALUATION ARRANGEMENTS Please provide details on who to contact to arrange the valuation of the property Name: Is the intention to let out the property? Proposed tenants: DSS Family Holiday let Housing association Professional Student Is the tenancy an assured shorthold tenancy (AST)? PROPERTY PURCHASE, ADDITIONAL INFORMATION Source of deposit: Equity release Gift Property sale Savings Other Is this a distressed sale? Is the property being purchased below market value? Is the property being purchased as a sale and rent back? Is the property ready to rent out? Is the purchase part of a government initiative? 7
DIRECT DEBIT DETAILS Name of account holder: Sort code: Account number: You must upload the following identification documents in support of the application: A certified copy of each applicant s passport Proof of current address (dated within the last 3 months) You may be asked to submit additional supporting evidence during the underwriting process, but you ll be advised on this following the initial assessment. EXISTING CREDIT COMMITMENTS You may also want to submit the following information. It s not essential, but providing it will assist our underwriting process, particularly in cases where there is a high overall LTV and/or low interest cover ratio for an existing portfolio, or for a case which meets our tier 2 credit criteria. Existing residential mortgage commitments Lender name Current property value Repayment type (capital repayment, interest only or part and part) Mortgage type (fixed or variable) Original loan amount - start date - outstanding balance Monthly repayment Conduct of account Existing loan commitments Lender name Type of facility Purpose and start date Remaining term and outstanding balance Monthly repayment Existing credit card commitments Lender name Outstanding balance Monthly repayment 8