Factfind - Mat White



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CLIENT NAME (S):

DATE:

Instructions for use:

Data items in bold are system mandatory i.e. it will not be possible to submit the business in iPoS without this information. If the client has any existing arrangements capture the relevant information ensuring you collect the bold data items as a minimum.

Disclosure

|Observed Sale? |Yes / No |If Yes Who? |

|Buyer Type |Home Owner / First Time Buyer |

|Load Purpose |Purchase / Remortgage / Buy to Let / Further Advance |

|SCDD given |Date: |Version No. |

|Date of Fact Find |Date: |

Loan Details

|Purchase via a special purchase scheme? |Yes / No |

|If Yes - Under which scheme are you purchasing |Right to Buy, Shared Ownership, Homebuy, Keyworker, |

| |Family Sale |

|What is the estimated value of the property? | |

|What loan amount do you require? | |

|What is your preferred repayment type? |Repayment / Interest Only / Other |

|Is this a split mortgage? |Yes / No |

|If Yes - Amount on interest only basis? | |

|What term would you like your loan over? | |

|Source of Deposit | |

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|Personal Details |Client 1 |Client 2 |

|Title | | |

|Forenames | | |

|Middle name(s) | | |

|Surname | | |

|Preferred name | | |

|Date of Birth | | |

|Gender | | |

|Marital Status | | |

|Smoker |Yes / No |Yes / No |

|Present at interview? |Yes / No |Yes / No |

|Are the clients related by marriage/civil partnership? |Yes / No |

|Current Address |Client 1 |Client 2 |

|House Number & Street | | |

|Town / City | | |

|County | | |

|Postcode | | |

|Residential status | | |

|Time at this address? | | |

|New Address |Client 1 |Client 2 |

|Is there a New Property Address? |Yes / No |Yes / No |

|House Number & Street | | |

|Town / City | | |

|County | | |

|Postcode | | |

|Residential status | | |

|Previous Address Details (If less than 3yrs in|Client 1 |Client 2 |

|Current Address) | | |

|House Number & Street | | |

|Town / City | | |

|County | | |

|Postcode | | |

|Occupancy Type | | |

|Date you moved in to your previous address? | | |

|How long did you live at your previous | | |

|address? | | |

|Contact Details |Client 1 |Client 2 |

|Preferred contact Method |Home/Work/Mobile/Email/Postal Mail |Home/Work/Mobile/Email/Postal Mail |

|Home, Work, Mobile Telephone Numbers | | |

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|Employment / Income |Client 1 |Client 2 |

|Main Employment status |Employed / Self-employed / Other |Employed / Self-employed / Other |

|Preferred Retirement Age | | |

|Details if mortgage will extend into | | |

|retirement | | |

|National Insurance Number | | |

|Tax Reference Number | | |

|Employment |Client 1 |Client 2 |

|Your employer's name | | |

|Employers Address Line 1 | | |

|Employers Address Line 2 | | |

|County | | |

|Postcode | | |

|Country | | |

|Employers Tel No. | | |

|Your occupation |Professional / Clerical / Skilled / Manual |Professional / Clerical / Skilled / Manual |

|Job title | | |

|Basis of employment | | |

|Nature of business | | |

|Service (Yrs & Mths) | | |

|Main employment? |Yes / No |Yes / No |

|Current basic income | | |

|Regular overtime | | |

|Guaranteed bonus | | |

|Regular bonus | | |

|Commission | | |

|Allowances | | |

|Self Employment |Client 1 |Client 2 |

|Business name | | |

|What is the nature of your Business / | | |

|Occupation? | | |

|In what year was the business established? | | |

|Are you a partner or sole trader? |Partner / Sole Trader | |

|What % of the shares in this business do you | | |

|own? | | |

|How long have you part /owned this business | | |

|Share of net profit - latest period | | |

|Ending on | | |

|Share of net profit - Previous period | | |

|Ending on | | |

|Share of net profit - Previous period | | |

|Ending on | | |

|Other Income |Client 1 |Client 2 |

|Income type | | |

|Details | | |

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|Gross amount (per period) | | |

|Income Status |Client 1 |Client 2 |

|Status |Full Status / Self Cert | |

|Details | | |

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|Gross amount (per period) | | |

Dependents

Name Date Of Birth Dep on App 1or 2

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|Anything else I need to take into account? |

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|Financial Commitments |Client 1 |Client 2 |

|Do the applicants have any mortgages? |Yes / No |Yes / No |

|If Yes - Owners of this account |Single / Joint with Client 2 / Other |Single / Joint with Client 1 / Other |

|Main mortgage for your present address? |Yes / No |Yes / No |

|Mortgage lender | | |

|Mortgage account number | | |

|Product type | | |

|Outstanding balance | | |

|Repayment basis |Int Only / Repayment / Part & Part |Int Only / Repayment / Part & Part |

|Start date | | |

|Outstanding mortgage term | | |

|Current monthly payment | | |

|Mortgage to be repaid? |Yes / No |Yes / No |

|If Yes - Do penalties apply to the | | |

|mortgage? | | |

|If Yes - Penalty amount and expiry date | | |

|Other Financial Commitments |Client 1 |Client 2 |

|Do the applicants have any other |Yes / No |Yes / No |

|financial commitments? | | |

|If Yes - Owners of this account |Single / Joint with Client 2 / Other |Single / Joint with Client 1 / Other |

|Type | | |

|Provider Name | | |

|Amount Outstanding | | |

|Monthly Payment | | |

|Interest Rate | | |

|Years/Months left | | |

|Commitment to be repaid? |Yes / No |Yes / No |

|If Yes - Do penalties apply to the | | |

|mortgage? | | |

|If Yes - Penalty amount and expiry date | | |

|Monthly Expenditure |Joint |

|Rent |£ |

|Council Tax |£ |

|Utilities |£ |

|Phone/Internet/TV |£ |

|Housekeeping |£ |

|Travel |£ |

|Childcare |£ |

|Maintenance/Alimony |£ |

|Motoring/Car Insurance |£ |

|Household Insurance |£ |

|Life/Protection Insurance |£ |

|Regular Savings/Pensions |£ |

|Other Expenditure |£ |

|Total Monthly Expenditure |£ |

|Credit History |Client 1 |Client 2 |

|Have you missed more than 2 consecutive Credit Card or Store Card Payments in the last 3 years? |Yes / No |Yes / No |

|Are you currently, or have you ever been, in arrears with your rent, mortgage payments or other |Yes / No |Yes / No |

|loans? | | |

|Have you ever had a mortgage on a property which has been repossessed or voluntarily surrendered?|Yes / No |Yes / No |

|Have you ever been bankrupt? |Yes / No |Yes / No |

|Have you ever had a County Court Judgment (CCJ) against you? |Yes / No |Yes / No |

|Have you ever made arrangements with creditors (Individual Voluntary Agreement)? |Yes / No |Yes / No |

|Have you been declined a mortgage on any property in the last 5 years? |Yes / No |Yes / No |

|Additional details for any Yes answers above: |

Potential Changes – Lifestyle

Do you think that any of the following events listed are likely to happen? These events could affect your lifestyle, income or expenditure and may be an influence in deciding what is the best solution for your needs.

|Potential Changes |Client 1 |Client 2 |

|Do you anticipate any significant changes in income? |Yes / No |Yes / No |

|Change Type |Increase / Decrease |Increase / Decrease |

|How much? | £ | £ |

|When? | | |

|Notes: | | |

| | | |

|Do you anticipate any significant changes in expenditure? |Yes / No |Yes / No |

|Change Type |Increase / Decrease |Increase / Decrease |

|How much? | £ | £ |

|When? | | |

|Notes: | | |

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|Are you likely to receive a capital lump sum within the mortgage term? |Yes / No |Yes / No |

|How much? | £ | £ |

|When? | | |

|Notes: | | |

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|Do you expect to make regular overpayments? |Yes / No |Yes / No |

|How much? | £ | £ |

|How often? | | |

|How long do you intend to stay in the property? | | |

|Additional details/ Notes |

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Your Requirements

Requirements are those features that any mortgage must have in order to make it suitable for your needs.

| |Order of Priority (1 – 12) |

|Low payments in the early years | |

|Assistance with fees | |

|No early repayment charges | |

|No extended early repayment charges | |

|A cash lump sum at the outset of the loan | |

|Ability to make regular overpayments | |

|Ability to make lump sum payments | |

|Take advantage of variations in interest rates | |

|Stability of payments | |

|Linked to Bank of England base rate | |

|Ability to budget | |

|Flexible payment arrangements | |

|Anything else I need to take into account? |

Package Shaping and Demands & Needs

Life Assurance & General Insurance Existing Arrangements

|Property Insurance Policies |

|Cover Type |Buildings |Contents |

|Property Usage |Main Residence / BTL / Other |

|Accidental Cover Damage Included? |Yes / No |Yes / No |

|Cover Amount | £ | £ |

|Provider | | |

|Policy Number | | |

|Premium | £ | £ |

|Frequency | | |

|Renewal Date | | |

|Life Protection Policies |

|Owner |1 / 2 / Joint |1 / 2 / Joint |

|Policy Type | | |

|Provider | | |

|Policy Number | | |

|Remaining Term | | |

|Sum Assured | £ | £ |

|Lives Assured | | |

|Premium | £ | £ |

|Frequency | | |

|Renewal Date | | |

|Will this policy be used for the purpose of protecting the mortgage?|Yes / No |Yes / No |

|Critical Illness Policies |

|Owner |1 / 2 / Joint |1 / 2 / Joint |

|Provider | | |

|Policy Number | | |

|Remaining Term | | |

|Sum Assured | £ | £ |

|Premium | £ | £ |

|Frequency | | |

|Renewal Date | | |

|Will this policy be used for the purpose of protecting the mortgage?|Yes / No |Yes / No |

|Mortgage Payment Protection Policies |

|Owner |1 / 2 / Joint |1 / 2 / Joint |

|Policy Type |Disability / Unemployment / Both |Disability / Unemployment / Both |

|Provider | | |

|Policy Number | | |

|Benefit Amount / Frequency | | |

|Benefit Period | | |

|Deferred Period | | |

|Benefit 2 Amount / Frequency | | |

|Benefit Period 2 | | |

|Deferred Period 2 | | |

|Premium | £ | £ |

|Frequency | | |

|Renewal Date | | |

|Will this policy be used for the purpose of protecting the mortgage?|Yes / No |Yes / No |

|Permanent Health Insurance Policies |

|Owner |1 / 2 / Joint |1 / 2 / Joint |

|Policy Type |ASU, IPB, Group IPB, Employers Benefit,|ASU, IPB, Group IPB, Employers Benefit, |

| | |Multi-benefit |

| |Multi-benefit | |

|Provider | | |

|Policy Number | | |

|Start Date | | |

|Renewal Date | | |

|Premium | £ | £ |

|Premium Frequency | | |

|Benefit Amount 1 | | |

|Deferred period 1 (weeks) | | |

|Benefit Amount 2 | | |

|Deferred period 2 (weeks) | | |

|Benefits Indexed? |Yes / No |Yes / No |

|Wavier of Premium Included? |Yes / No |Yes / No |

|Frequency of Benefit Payments | | |

|Benefit payable for a specific number of months, years or until a |Number of Years: |Number of Years: |

|specific age? |or |or |

| |Age: |Age: |

|Will this policy be used for the purpose of protecting the mortgage?|Yes / No |Yes / No |

|Notes: |

Life Assurance & General Insurance Requirements

|Buildings & Contents Requirements |

|Type of Cover required |Buildings / Contents / Both |

|Property Usage |Main Residence / BTL / Other |

|Property Type | |

|Year House Built | |

|Number of Bedrooms | |

|Rebuilding Sum Insured required | £ |

|Property Postcode (If different) | |

|Amount of Contents Cover required | £ |

|Please give details of any specific items to be insured along with | |

|their value | |

|Is affordability a key factor when considering our recommendation? |Yes / No |

|Is your home for which the insurance will apply... | |

|In a police approved neighborhood watch area? |Yes / No |

|Protected by a professionally-installed burglar alarm which is maintained under a current annual service |Yes / No |

|contract? | |

|Are there any other insurance requirements? (Car/Travel) |Yes / No |

|Details: |

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|Life Cover Requirements |Client 1 |Client 2 |

|Cover Type |Term / FIB / WoL |Term / FIB / WoL |

|What is the value of life cover / annual income required? | £ | £ |

|How long would you like the cover to last? | | |

|Is affordability a key factor when considering our recommendation? |Yes / No |Yes / No |

|Critical Illness Cover Requirements |Client 1 |Client 2 |

|Cover Type |Term / FIB / WoL |Term / FIB / WoL |

|What is the value of critical Illness / annual income required? | £ | £ |

|How long would you like the cover to last? | | |

|Is affordability a key factor when considering our recommendation? |Yes / No |Yes / No |

|Mortgage Protection Requirements |Client 1 |Client 2 |

|Monthly cover amount required? | £ | £ |

|Is affordability a key factor when considering our recommendation? |Yes / No |Yes / No |

|Income Protection Requirements |Client 1 |Client 2 |

|Monthly cover amount required? | £ | £ |

|Is affordability a key factor when considering our recommendation? |Yes / No |Yes / No |

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