Thursday, 19 June 2014

What documents will I need when applying for a mortgage?

Due to the recent introduction of the new rules in the mortgage market review, many people are unclear as to what documents they will require throughout the mortgage process. In order to prepare you we have created a list below for all residential and buy-to-let mortgage applications.

In addition to the documents below it may be a good idea to get a copy of your credit report to ensure that there are no issues you are unaware of before applying for a mortgage. Some useful websites are:

·         http://www.checkmyfile.com/
·         http://www.equifax.co.uk/

Here is the list of required documents:

1.      Proof of identity (passport/driving licence)
2.      Proof of address (utility bill/mortgage statement)
3.      Evidence of income (payslips/accounts and SA302’s)
4.      P60 (latest if available) 
5.      Bank Statements for the last 3 months
6.      Proof of any additional income
7.      Proof of deposit 

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