buy-to-let application data capture form · 2018-12-11 · 020 3846 6838 blsalelendinvest.co...

1020 3846 6838 | [email protected] | intermediaries.lendinvest.com | Last updated: 29/11/2018

Buy-to-Let application data capture form

Use this document to gather and record all the client information necessary to complete a decision in principle and/or the full application form.

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INITIAL INFORMATION

Who Is the application on behalf of? Private individual (Maximum 2 applicants)

UK limited company(Maximum 4 applicants. You must include all shareholders of 25% and above.)

Number of applicants:

Are all applicants UK tax residents? (If no, we cannot assist)

Is the property located in England or Wales? (If no, we cannot assist)

Do any of the applicants own a property? (If no, we cannot assist)

Has the applicant(s), or any relatives of the applicant(s), ever lived in the property or plan to do so after completion? (If yes, we cannot assist)

Is this application to: Purchase a new property

Yes

Yes

No

No

Yes No

Yes No

Remortgage an existing property

Please note: this document is solely for your own reference. To submit an application, you must enter all details onto the online portal.

If you have any questions on how LendInvest may use any personal data submitted as part of an application please read the Lending Privacy Notice available at http://go.lendinvest.com/Lending-Privacy-Notice.html

Buy-to-Let data capture



http://go.lendinvest.com/Lending-Privacy-Notice.html


Title: First name:

Last name:

Nationality:

Marital status:

National Insurance number: National Insurance number:

What best describes your employment status?

Position in applicant company (if applicable): Position in applicant company (if applicable):

Taxpayer status: Taxpayer status:


Marital status:

Nationality:

Total annual income: Total annual income:

APPLICANT 1

Date of birth (DD/MM/YYYY): Date of birth (DD/MM/YYYY):

Title: First name:

Last name:

APPLICANT 2 (if applicable)


PERSONAL DETAILS

A shareholder with 25% or more shares

Director and shareholder


Basic BasicAdditional AdditionalHigher Higher


An equity partner in a partnership

Not a shareholder Not a shareholder


An employee with no shareholding


A shareholder with less than 25% shares

Shareholder only Shareholder only


A non-equity partner in a partnership


A sole trader A sole trader




E-mail: E-mail:

Telephone number: Telephone number:

Who owned this property? Who owned this property?

Residential status: Residential status:

APPLICANT 1 (cont.) APPLICANT 2 (cont.)


Owner with no mortgage


Tenant Tenant

Owner with mortgage

Owner with mortgage

With family or friend With family or friend

Address: Address:

Previous addresses (if less than 3 years at current address): Previous addresses (if less than 3 years at current address):

Correspondence address (if not current address): Correspondence address (if not current address):

Postcode: Postcode:

Date moved to address (DD/MM/YYYY): Date moved to address (DD/MM/YYYY):

Time resided in the UK (years): Time resided in the UK (years):

Do you have the right to live in the UK?


Yes YesNo No




Title: First name:

Last name:

Nationality:

Marital status:

National Insurance number: National Insurance number:


Position in applicant company (if applicable): Position in applicant company (if applicable):

Taxpayer status: Taxpayer status:


Marital status:

Nationality:

Total annual income: Total annual income:


Date of birth (DD/MM/YYYY): Date of birth (DD/MM/YYYY):

Title: First name:

Last name:






Basic BasicAdditional AdditionalHigher Higher



Not a shareholder Not a shareholder





Shareholder only Shareholder only




A sole trader A sole trader




E-mail: E-mail:

Telephone number: Telephone number:

Who owned this property? Who owned this property?

Residential status: Residential status:

APPLICANT 3 (cont.) APPLICANT 4 (cont.)




Tenant Tenant

Owner with mortgage

Owner with mortgage

With family or friend With family or friend

Address: Address:

Previous addresses (if less than 3 years at current address): Previous addresses (if less than 3 years at current address):

Correspondence address (if not current address): Correspondence address (if not current address):

Postcode: Postcode:

Date moved to address (DD/MM/YYYY): Date moved to address (DD/MM/YYYY):

Time resided in the UK (years): Time resided in the UK (years):



Yes YesNo No




Approximate total outstanding balance:

Approximate total monthly repayment:

Approximate total monthly rental income:

CURRENT PROPERTY PORTFOLIO

Do you currently have any existing residential buy-to-let properties? Yes No

How many Buy-to-Let properties do you currently own?


LIMITED COMPANY OR LLP DETAILS (if applicable)

Company name:

Registered company number:

Nature of business:

Trading start date (DD/MM/YYYY):

Current tax year end date (DD/MM/YYYY):

Shareholding of applicants:

Registered address:

Applicant 1 (%): Applicant 2 (%): Applicant 3 (%): Applicant 4 (%):




SECURITY PROPERTY DETAILS

What is the property tenure?

Does it include a commercial element?

If HMO or MUFB:

If leasehold:

Freehold

Yes

Leasehold

No

Property type:

Basement flat Converted flat

End-of-terrace house Maisonette

Modular build house New build house

Purpose-built flat

Flat above commercial property

Multi-unit freehold block (MUFB)

Studio flat

HMO house

Bungalow Detached house

Ex-local authority flat Modular build flat

New build flat New flat conversion

Terraced house

HMO multi-unit freehold block

Semi-detached house

HMO flat

Other

Purchase price (purchase) or estimated value (remortgage):

Monthly rental income:

How many units?

Remaining lease (years):

Purchase date (if remortgaging) (DD/MM/YYYY):

Service charge (£ pa): Ground rent (£ pa):

Postcode:

Address:


Is the property predominantly flat roof? Yes No




Number of:

Floors:

Bathrooms:

Bedrooms:

Tenants:

Kitchens: Living rooms:


Square metres:

Approximate year built:

Will you be in receipt of any discount, price reduction, case payment or incentive in respect of this property?

Is there a garage?

If no, please give details:

Yes

Yes

No

No

Brick and tile construction? Yes No

Tenant type (tick all that apply):

Sector experience:

Lease type:

DSS tenants

First time landlord, but own existing residential property

Assured shorthold tenancy (AST)

Holiday let

Managing a property portfolio over a period of at least 2 years

Corporate let

Professional

Family

Managing a property portfolio over a period of at least 1 year

Housing association

None

Student

If so, please give details:




PROPERTY PURCHASE DETAILS (if applicable)

CREDIT PROFILE

Is this a distressed sale? Yes No

If purchasing, where will the deposit come from?

Equity release Property sale

Other

Gift Savings


If other, please provide details:

Vendor’s name:

If neither applies, please provide details:


Please provide details on who to contact to arrange the valuation of the property: Telephone number:

Is the property being purchased below market value?

Is the property being purchased as a sale and rent back?

Is this purchase part of a government initiative?

Is the property ready to let out?

Yes

Yes

Yes

Yes

No

No

No

No

How was the sale made?

Direct face-to-face Direct other

Direct telephone

Direct internet Direct post

Intermediary

Credit defaults

County Court judgment (CCJ)

None in 4 years

None in 5 years

None in the past year and up to 2 in the past 2 years

None in the past year and up to 1 in the past 2 years (with a max value of £5,000 and satisfied at the time of completion)




MORTGAGE REQUIREMENTS


If other, please provide details:



Missed mortgage/secured payments

Unsecured arrears

Not greater than 2 in past 3 years

Not greater than 2 in past 3 years

More than 2 in the past 3 years

More than 2 in the past 3 years

Bankruptcy or IVA in the last 6 years? Yes No

Existing mortgage lender:

Loan amount:

Interest rate (%): Broker fee payable by borrower (£):

Outstanding balance:

Number of years to repay the loan (7-30 years):

Existing mortgage details (remortgage)

Loan requirements

Purpose of remortgage:

How do you want to pay the product fee?

Product type:

BTL purchase

Deduct fee from the loan

2 year fixed

OtherDebt consolidation

Pay fee up front

5 year fixed




Job title/occupation: Job title/occupation:


Company name: Company name:


Address: Address:

Address: Address:

Postcode: Postcode:

Postcode: Postcode:

Employment status: Employment status:

Previous employment (if less than 3 years at current job): Previous employment (if less than 3 years at current job):

APPLICANT 1

Nature of business: Nature of business:


Date started (DD/MM/YYYY): Date started (DD/MM/YYYY):

Date started (DD/MM/YYYY):


Date left (DD/MM/YYYY):




EMPLOYED INCOME

Employed Employed

Retired Retired

Unemployed Unemployed

Homemaker Homemaker

Temporary contract

Temporary contract

Fixed term contract

Fixed term contract

Self-employed Self-employed

Other Other








Address: Address:

Address: Address:

Postcode: Postcode:

Postcode: Postcode:

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 started (DD/MM/YYYY): Date started (DD/MM/YYYY):







EMPLOYED INCOME (cont.)

Employed Employed

Retired Retired

Unemployed Unemployed

Homemaker Homemaker

Temporary contract

Temporary contract

Fixed term contract

Fixed term contract

Self-employed Self-employed

Other Other




Current income Previous income Previous income

Year end

Income derived

Net profit

Net assets


SELF-EMPLOYED INCOME

Name of business:

Nature of business:

Date established (DD/MM/YYYY):

Date self-employment started (DD/MM/YYYY):

Employment status:

Sole trader OtherPartnership

Percentage owned (%):

Telephone number: Current year end:

Address: Trading address ((if different):

Postcode: Postcode:





Accountant’s practice:

Accountant’s details (if applicable)

Is the accountant?

Chartered OtherCertified

Contact name:

Address:

Postcode:

Telephone:

PROPERTY INCOME

Latest tax year Previous tax year Previous tax year

Tax year ending

Annual revenue

Yearly net profit before tax

OTHER INCOME

Pension income (if applicable):

Details: Amount: Frequency:

If you receive any other sort of income (eg savings, investments), please provide details:

Guaranteed? Yes No





DIRECT DEBIT DETAILS

LEGAL REPRESENTATION

Dual representationDual representation reduces the time from offer to completion by an average of 18 days compared with separate representation.

Separate representationIf no, and you want to use separate representation (Your solicitor must be a member of the Conveyancing Quality Scheme and have at least 3 SRA approved managers. If you don’t have such a solicitor, please use dual representation.):

Do you want to use dual representation? Yes No

Name(s) of account holder(s):

Names of signatories:

Account number:

Postcode:

Sort code:

City:

Name of firm: Solicitor acting:

Address: Postcode:

Email:Telephone:



buy-to-let application data capture form · 2018-12-11 · 020 3846 6838 blsalelendinvest.co...

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