Mortgage 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 Mortgage Illustration Number Existing Mortgage Account Number BNA0149V21 Version: 05/20 In this application form, references to ‘we’, ‘us’ and ‘our’ are references to NRAM Limited and includes our successors and assigns. For office use only Advice
Transcript
Mortgage
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
Mortgage Illustration Number
Existing Mortgage Account Number
BNA0149V21Version: 05/20
In this application form, references to ‘we’, ‘us’ and ‘our’ are references to NRAM Limited and includes our successors and assigns.
For office use only
Advice
Mortgage application 2/24
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 0330 159 9610**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 property, 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 0330 159 9610*. Lines are open 8:30am to 6:00pm weekdays. Alternatively please contact us via our web site at www.nram.co.uk/accessibility. *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 3/24
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.
a What level of service was provided to the applicant(s) in relation to the mortgage? Tick one box only
Please also tick the box on the front cover of this application form.
Level of service
Advice was given and a recommendation made that the applicant(s) apply for the mortgage product indicated (Advised Sale)
No advice was given and no recommendation made that the applicant(s) apply for the mortgage product indicated
b Money Laundering: please confirm how you verified the applicant(s) identity
c 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
Confirmation of identityPlease 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.
Face-to-face Face-to-face
Most recent mortgage statement
Address verification:
Council Tax/Local Rates bill
Bank/building society statement
Utility bill (not mobile phone)
Current UK/EEA photocard, or old style current UK full driving licence
State pension or benefits book
Other
Most recent mortgage statement
Address verification:
Council Tax/Local Rates bill
Bank/building society statement
Utility bill (not mobile phone)
Current UK/EEA photocard, or old style current UK full driving licence
State pension or benefits book
Other
First applicant Second applicantNon face-to-face
Non face-to-face
Current signed passport or EEA Member State Identity Card
Name verification:
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
Sub Contractors Certificates CIS4 and CIS6
Other
Current signed passport or EEA Member State Identity Card
Name verification:
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
Sub Contractors Certificates CIS4 and CIS6
Other
Mortgage application 4/24
(continued)
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
Fees
£
/ /
£
Before signing this Declaration, please check the following parts have been fully completed: – Part 6 (Product Details) – Part 8 – Part 10 (Solicitor’s details)
Signature Date Name
Position
Firm name and address
Telephone Fax Email
Postcode
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
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: www.nram.co.uk).
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.
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 5/24
1 Title/Surname e.g. Mr, Mrs, Miss, Ms, Dr, Rev, other
/ / / /
First applicant Second applicant
Single DivorcedMarried
Widowed Co-habitingSeparated
Single DivorcedMarried
Widowed Co-habitingSeparated
About you (all applicants)
1 Your details
PMAM Evening
Home
Mobile
Preferred contact time:
Work
PMAM Evening
Home
Mobile
Preferred contact time:
Work
PostcodePostcode
a Which other accounts do you already have with NRAM Limited?
b Please give the additional account numbers
ResidentialMortgage
Buy to LetMortgage
UnsecuredPersonal Loan
ResidentialMortgage
Buy to LetMortgage
UnsecuredPersonal Loan
Account numbers
Male Female Male Female
First applicant Second applicant
As First applicant
2 Your first name(s)
4 Marital status
5 Nationality
10 Telephone numbers including STD codes
9 Permanent address including postcode
8 Do you have any dependents? Dependents are people who rely
on you for housing; for example your children, parents or siblings
6 Sex
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
3 Date of Birth in six digits e.g. 06/09/75
/ / Yes No
/ / Yes No
/ / Yes No
Name Relationship to you Date of Birth Reside in Property
Mortgage application 6/24
11 When did you move to your permanent 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
2 Your present residence
First applicant Second applicant
1 At your permanent address, are you: If ‘other’, please specify
2 Do you have a mortgage on this property?
First applicant Second applicant
First applicant Second applicant
Owner occupier
Other Other
Tenant Owner occupier TenantLiving with
family/friendsLiving with family/friends
NoYes NoYes
Questions 3 to 8 are only applicable if you have ticked ‘owner occupier’ in question 1 above and you have a mortgage on that property
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.
1 (continued)
NoYes NoYes
/ /
Postcode
From: / / To: / /
/ /
Postcode
From: / / To: / /
As First applicant
1 Lender name
continued on the next page
Postcode Postcode
As First applicant
Loan 1Loans Loan 2 Loan 3 Loan 4
3 Outstanding balance on mortgage
4 What is the current value of the property?
5 What is the offer accepted on the property
7 Mortgage account number
8 Name and address of mortgage lender
6 Do you intend to sell the property on which this mortgage is secured and repay all of this mortgage before, or at the time of, completing on the new property?
If No: how will the property be used?
£ £
£ £
£ £
Mortgage application 7/24
3 (continued)
5 Current Balance£ £ £ £
6 Monthly payment£ £ £ £
7 Please indicate the total monthly payment of all loans £
9 Is the loan secured against your home?
8 Date the loan is due to be repaid/ / / / / / / /
Yes No Yes No Yes No Yes No
Loan 1 Loan 2 Loan 3 Loan 4
3 Borrower(s) name(s)
4 Reference number (Credit card number, loan number etc.)
2 Type of loan (tick one only)
2nd mortgage
BTL
Payday loan
Credit cards
HP arrangement
Store cards
Other loan
Car finance
Alimony
2nd mortgage
BTL
Payday loan
Credit cards
HP arrangement
Store cards
Other loan
Car finance
Alimony
2nd mortgage
BTL
Payday loan
Credit cards
HP arrangement
Store cards
Other loan
Car finance
Alimony
2nd mortgage
BTL
Payday loan
Credit cards
HP arrangement
Store cards
Other loan
Car finance
Alimony
Expenditure DetailsPlease give details of your other main monthly outgoings. We will use this information to assess whether you can reasonably afford the mortgage payment.
1 Monthly gas bill£ per month
2 Monthly electricity bill£ per month
3 Monthly water bill£ per month
4 Monthly Council tax bill£ per month
5 Monthly expenditure on other fuels (if applicable) £ per month
6 Monthly expenditure on household insurance £ per month
7 Monthly expenditure on TV, Satellite & Internet £ per month
8 Monthly expenditure on food & household goods £ per month
9 Monthly expenditure for Service Charges/Ground Rent (if applicable)
£ per month
Household bills First applicant Second applicant
£ per month
£ per month
£ per month
£ per month
£ per month
£ per month
£ per month
£ per month
£ per month
10 Monthly expenditure on household repair, DIY and upkeep £ per month
11 Monthly expenditure on alcohol and tobacco £ per month
Living Costs
£ per month
£ per month
continued on the next page
Mortgage application 8/24
3 (continued)
23 Monthly expenditure on education £ per month
24 Monthly expenditure on childcare £ per month
25 Monthly expenditure on petcare £ per month
26 Monthly expenditure on toys, gifts & allowance £ per month
28 Monthly expenditure on parking £ per month
29 Monthly expenditure on public transport £ per month
30 Monthly expenditure on vehicle fuel £ per month
31 Monthly expenditure on vehicle insurance £ per month
32 Monthly expenditure on MOT/servicing £ per month
33 Monthly expenditure on vehicle tax £ per month
34 Monthly expenditure on other travel £ per month
35 Monthly expenditure on going out £ per month
36 Monthly expenditure on holidays £ per month
37 Monthly expenditure on lottery and gambling £ per month
38 Monthly expenditure on sports & hobbies £ per month
39 Monthly expenditure on takeaway meals £ per month
40 Monthly expenditure on charitable contributions £ per month
27 Are you liable to pay any maintenance/child support payments?
If Yes, how much per month?
12 Monthly expenditure on healthcare £ per month
13 Monthly expenditure on clothes, jewellery & accessories £ per month
14 Monthly expenditure on phones & mobiles £ per month
15 Monthly expenditure on newspapers, magazines & books £ per month
16 Monthly expenditure on hair & cosmetics £ per month
17 Monthly expenditure on Laundry/dry cleaning £ per month
18 Monthly expenditure on life assurance/pension £ per month
19 Monthly expenditure on disability/mobility costs £ per month
20 Monthly expenditure on school meals and meals at work £ per month
21 Monthly expenditure on sundries, emergencies and contingencies £ per month
22 Monthly expenditure on electric goods & appliances £ per month
Living Costs (continued)
Children, Pets, Travel and Leisure
First applicant Second applicant
£ per month
£ per month
£ per month
£ per month
£ per month
£ per month
£ per month
£ per month
£ per month
£ per month
£ per month
£ per month
£ per month
£ per month
£ per month
£ per month
£ per month
£ per month
£ per month
£ per month
£ per month
£ per month
£ per month
£ per month
£ per month
£ per month
£ per month
£ per month
£ £
NoYes NoYes
Mortgage application 9/24
3 (continued)
First applicant (Applicant with highest income) Second applicant
First applicant Second applicant
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
Names of institutions these investments are held with
8 Do you have one or more savings accounts? (Y/N)
If yes: Total savings Amount
9 Do you have any other investments? (Y/N)
If yes: Total investment Amount
6 Including the one above which other bank/building society accounts do you have? Please tick (✔)
4 Sort code and account number
Current Bank Account Details
Savings Account Details
Other Investments
Current Current
High Interest
High Interest
Business Business
Other (please specify) Other (please specify)
Deposit Deposit
Cheque Cheque
Loan Loan
£ £
£ £
£ £
NoYes NoYes
NoYes NoYes
years yearsmonths months
Names of institutions the savings accounts are held with
5 Employment details
Mortgage application 10/24
1 Occupation
8 Nature of employer’s business
16 Nature of previous employer’s business
5 Employer’s name
6 Employer’s address
2 Length of service
4 Are you still in a probationary period with your current employment
3 Is your employment permanent?
If No: please tell us the date that the employment period will end
Is your contract likely to be renewed?
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.
First applicant Second applicant
years years
NoYes NoYes
NoYes NoYes
NoYes NoYes
/ / / /
Postcode Postcode
7 Employer’s postcode
9 Net basic income per month (after tax)
10 Net bonus amount per month (after tax)
11 Net commission amount per month (after tax)
12 Net overtime per month (after tax)
13 Net mortgage allowance paid by your employer (after tax)
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
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
£ per month £ per month
£ per month £ per month
£ per month £ per month
£ per month £ per month
£ per month £ per month
years yearsmonths months
years yearsmonths months
Mortgage application 11/24
5 Your self-employed income details
1 Nature of business
2 Company name
3 Position in company
15 Accountants telephone number
16 Professional qualifications of accountant
Please include last three years original/true certified accounts with this application form
12 Name of accountant
18 Nature of previous employer’s business
4 How long in business
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).
First applicant Second applicant
Postcode Postcode
years years
% %
years years
months months
years yearsmonths months
5 Address
13 Address of accountant
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
6 Postcode
14 Accountants Postcode
7 If director or part owner please indicate share
8 Last three years share of net profit, and year ended
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?
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
Year£ Year£
Year£ Year£
Year£ Year£
per£ per£
per£ per£
5 (continued)
Mortgage application 12/24
1 Net monthly pension income (after tax)
2 Pension Credit
4 Monthly rent a room income
5 Additional Income
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.
6 Source of additional income
7 (If employment) Nature of employers business
Employer’s name, address and postcode
Occupation
3 Net monthly rental income (after tax)*
5c Other income details
First applicant Second applicant
£ per month £ per month
£ per month £ per month
£ per month £ per month
£ per month £ per month
*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 property is empty, please provide a letter from the Association of Residential Lettings Agents confirming the rental income.’
Postcode Postcode
per£
per£ per£
per£ per£
per£
per£ per£
per£ per£
per£ per£
per£ per£
per£ per£
per£ per£
per£ per£
per£ per£
per£ per£
per£ per£
per£ per£
Mortgage application 13/24
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 property. Please note that no additional borrowing is allowed
Secured amount
Term Term
Unsecured amount
Declaration: You agree that you will pay any of the outstanding unsecured amount prior to or on completion of this new loan.
£
Repayment Interest only£ £
£
2 Current mortgage repayment method
1 Property purchase price
2 Deposit amount
3 What is the source of the deposit? e.g. own personal savings, inheritance, sale of present home, gift
4 Is it a former Local Authority, Northern Ireland Housing Executive, Ministry of Defence or Housing Association property?
3 If your mortgage is part interest only and part repayment, please tell us how this is to be apportioned?
Interest onlyRepayment Part interest only and part repayment
£ £ £
£ £ £
£ £ £
Provider
Current total
Monthly amount
Expected balance at the end of the mortgage term?
4 If your mortgage is either interest only or part interest only and part repayment, what repayment strategy do you have? ISAPension Endowment Policy
£
£
7 Details of new purchase
£
No Yes (former)
Mortgage application 14/24
House Bungalow
Other
Flat/maisonette
8 About the new property
On-siteOff-site
Position of premises in relation to your property
Type of premises
NoYes
Detached
Part of block
Semi-detached Terraced
6 What is the tenure of the property?
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
9 What is the roof made of? If ‘other’ please specify
10 What type of roof does the property have? If ‘other’ please specify
11 Full address of the property
12 When was the property built? If you don’t know the exact year, please give the approximate year that it was built
13 Is the property wholly for your own or your dependants’ private residential purposes?
If No: please give details
14 Will this property be your main residence?
15 Will at least 40% of the property be used for residential use?
If No: please indicate what percentage of the property will be used for residential use and tell us for what other purpose the property is used e.g. let to tenants, let to family, part business/part private
Postcode
Property details (all property types)
Freehold/Absolute owner (Scotland)Leasehold
Ground rent £ per year Remaining term
Number of living rooms
Number of bedrooms
Number of kitchens
Number of bathroomsOther (please specify)
Number of separate toilets
Number of outbuildings
Stone Brick Timberframe
Other
Slate or tile Other
Flat Pitched
Other
NoYes
NoYes
NoYes
1 Type of property If ‘other’, please specify
2 Description of the property
3 Number of garages (if any)
4 If the property has allocated parking, is it off-site or on-site?
5 Is the property next to or above retail/business premises?
If Yes, we may not be able to proceed with your application – please give details and refer to us or your Adviser
Mortgage application 15/24
17 Is the property:
If the property is a studio, we may not be able to proceed with your application – please refer to us or your Adviser
18 Does the property have a lift?
19 Is this a former Local Housing Authority, Housing Association or Northern Ireland Housing Executive property?
If Yes and the flat is in a block: what approximate percentage of the block is owner-occupied?
20 Does the property have deck access (if applicable)? Deck access is common access to properties on storeys above ground level
If Yes, we may not be able to proceed with your application – please refer to us or your Adviser
Converted
Maisonette
Purpose built Studio
NoYes
NoYes
NoYes
%
21 Please give the name of the builders who built, or are building, the property
22 Are these builders registered with the NHBC or Zurich Newbuild Scheme?
If No: please give details of the chartered architects or chartered surveyor who supervised, or are supervising, the build
23 If this is a new build property, are you getting any discounts or incentives as part of the package?
If Yes: please give details
Questions 21 to 23 are only applicable if the property is a new build or under 10 years old
Builders’ name
Postcode
Address
NoYes
NoYes
Architect/surveyor
8 (continued)
16 If the flat/maisonette is in a block, please give details
Questions 16 to 20 are only applicable to flats and maisonettes
Number of flats in block
Number of storeys in block
On what floor is the flat
9 Valuation of the propertyMORTGAGE VALUATION REPORTWe will need to obtain a Mortgage Valuation Report. This is a limited report and is not a survey of the property. 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 property. If you require either of these two more detailed reports please indicate below:
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.
Mortgage application 16/24
If you are not already the owner of the property, please give the name, address and telephone number of the person we can contact to make arrangements for the valuation. If this person is not the owner of the property please give details
Please state the names and telephone number of any selling agent
PURCHASES IN SCOTLANDWhere a valuation of this property has already been carried out, what was the cost of this valuation?
Who carried out the report?
The type of report was:
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.
Mortgage Valuation Report
Mortgage Valuation report Building Survey
Homebuyers Survey and Valuation
Homebuyers Survey and Valuation
Postcode Telephone
Postcode Telephone
£
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
Postcode
Telephone
Fax
Mortgage application 17/24
11 Additional Information
First applicant Second applicant
Part Question Further details no. no.
Part Question Further details no. no.
Use this section if you need more space to answer any questions
If there is insufficient space to provide all your additional information, please use the blank sheets at the back of this form.
Mortgage application 18/24
Before signing the applicant(s) Declaration on the next page:
■ Please ensure that you have read the important customer information at the beginning of this form.
■ 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.
■ 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:
■ We give no assurance that by the making of an advance, the price agreed to be paid for the property 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)
Declaration points 11-13 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.
12 Declaration
The personal information you supply to us as well as information we already hold, may be used in a number of ways, for example:■ To assess and process this and future applications;■ To verify your identity; ■ To prevent fraud and money laundering;■ To manage your account(s);■ For management of arrears and debt collection;■ For audit purposes, research and statistical analysis; and■ 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, permitted 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, email 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 personal 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 Operations, 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.
Using Your Personal Information
£
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 property.
2 Neither we nor our valuer warrants that the condition of the property or the price paid is reasonable, and that it is for you to satisfy yourself as to the value and condition of the property. 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 property fully insured until the loan is fully repaid.5 You are over 18 years of age.
6 If the property 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 property 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 property 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.
Mortgage application 19/24
DON’T WRITE BELOW THIS LINE
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 person 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
First applicant Second applicant
12 (continued)
Declaration points 14-17 are applicable to ALL applicants14 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 person 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 property, 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: Normally 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:
Mortgage application 20/24
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.
13 Payment details
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.
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.
Please fill in the whole form including official use box using a ball point pen and send it to:
Name and full postal address of your bank or building society
To: The Manager Bank/building society
Address
Postcode
Reference
Instruction to your bank or building society to pay by Direct Debit Service user number
2 7 4 1 1 7
FOR NRAM LIMITED OFFICIAL USE ONLY
This is not part of the instruction to your bank or building society.
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:
Bank/building society account number
Instruction to your bank or building societyPlease 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)
Date
Banks and building societies may not accept Direct Debit Instructions for some types of account
Mortgage application 22/24
NRAM Limited. Registered office: Croft Road, Crossflatts, Bingley, West Yorkshire, BD16 2UA. Registered in England and Wales (Company No. 09655526). Authorised and regulated by the Financial Conduct Authority. Reg. No. 718097.
NRAM Limited is part of the UK Asset Resolution Limited group.
Checklist 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.
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.
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
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Continuation Sheet
NRAM Limited. Registered office: Croft Road, Crossflatts, Bingley, West Yorkshire, BD16 2UA. Registered in England and Wales (Company No. 09655526). Authorised and regulated by the Financial Conduct Authority. Reg. No. 718097.
NRAM Limited is part of the UK Asset Resolution Limited group.
Mortgage application 24/24
Continuation Sheet
NRAM Limited. Registered office: Croft Road, Crossflatts, Bingley, West Yorkshire, BD16 2UA. Registered in England and Wales (Company No. 09655526). Authorised and regulated by the Financial Conduct Authority. Reg. No. 718097.
NRAM Limited is part of the UK Asset Resolution Limited group.
