Capital Bridging - How to add Buy to Let Club...

Transcription

Capital Bridging - How to add Buy to Let Club...
Capital Bridging - How to add Buy to Let Club as the payment route
Using Buy to Let Club as the payment route:
The Capital Bridging application form is attached to this document. Print and complete this application, complete
with Buy to Let Club as a payment route.
If you have already completed a blank application form, please ensure you indicate clearly that you are using
Buy to Let Club as your payment route.
Section 1 - Introducer details
Firm
Introducer
Address
FCA / CCL number
Telephone
Email
Part of a network - which?
Buy to Let Club
Level of advice - Advised / Non Advised
Are you charging the client a fee, if yes how much & when is it payable?
Is any fee charged refundable, if yes at what stage?
Have you met the client - face to face interview?
Section 2 - Client details
Applicant 1
Applicant 2
Title
Title
Forename
Forename
Surname
Surname
Known by any other name / maiden or alias
Known by any other name / maiden or alias
Marital status
Marital status
Nationality
Nationality
Permanent right to reside?
Permanent right to reside?
Occupancy type
Occupancy type
Residential address
Residential address
Postcode
Postcode
Time at this address
Years
Months
Time at this address
Years
If less than 3 years please provide previous address in section 8
Grafton House 2-3 Golden Square London W1F 9HR
T 0203 540 5120 F 0203 002 4642 E [email protected] www.cbfl.co.uk
application form v 1.9
Capital Bridging Finance Limited is registered in England & Wales, Company No. 6994954
Months
Section 2 - Client details continued
Home tel
Home tel
Mobile
Mobile
Email
Email
Date of birth
Date of birth
Residential status
Residential status
Section 3 - Loan details
Net loan required £
Term
Months
Purpose of borrowings (full explanation and breakdown required)
Repayment proposal (full explanation required to include Lender if refinance and if sale details on price and marketing activity)
Refinance
Sale of property
Other
Section 4 - Security address (If more than one security being offered please provide details in section 8)
Address
Postcode
Already owned yes/no
Being purchased yes/no
Estimated value £
Purchase price £
If purchase undervalue please provide an explanation
1st charge offered? yes/no
2nd charge offered yes/no
Current lender
Current mortgage outstanding
Property type
Freehold/Leasehold
Leasing remaining
Is the property currently occupied; if so please confirm on what basis?
Contact details for access for valuation
If the loan is going in a company name or SPV please complete Section 7
Grafton House 2-3 Golden Square London W1F 9HR
T 0203 540 5120 F 0203 002 4642 E [email protected] www.cbfl.co.uk
application form v 1.9
Capital Bridging Finance Limited is registered in England & Wales, Company No. 6994954
Section 5 - Solicitors – minimum of 2 partners required
Name of firm
Address
Postcode
Contact name
Telephone
Email
Section 6 - Credit history
Applicant 1
Applicant 2
Have you ever been refused a mortgage on this or any other property?
y/n
y/n
Have you ever had a judgement for debt recorded against you or if a
director your company?
y/n
y/n
Have you ever been declared bankrupt or compounded with your creditors?
y/n
y/n
Have you ever failed to keep up with your payments under any present of
previous mortgage, rental or loan agreement?
y/n
y/n
Have you ever made a claim to the DSS in the last 12 months?
y/n
y/n
If you have answered yes to any of the above questions please provide full details in Section 8
Section 7 - Company / SPV details (if the loan is not going in personal names)
Name of firm
Registered address
Postcode
Company registration number
Nature of business
Directors names
Shareholders names (inc % held)
Company accountant (name, address and qualification)
Grafton House 2-3 Golden Square London W1F 9HR
T 0203 540 5120 F 0203 002 4642 E [email protected] www.cbfl.co.uk
application form v 1.9
Capital Bridging Finance Limited is registered in England & Wales, Company No. 6994954
Section 8 - Additional information
Grafton House 2-3 Golden Square London W1F 9HR
T 0203 540 5120 F 0203 002 4642 E [email protected] www.cbfl.co.uk
application form v 1.9
Capital Bridging Finance Limited is registered in England & Wales, Company No. 6994954
Assets and liabilities statement
Principal residency
Address
Postcode
Estimated value £
Outstanding mortgage £
Lender
Other property
Address
Postcode
Estimated value £
Outstanding mortgage £
Lender
Rental income £
Other property
Other property
Address
Address
Postcode
Postcode
Estimated value £
Estimated value £
Outstanding mortgage £
Outstanding mortgage £
Lender
Lender
Rental income £
Rental income £
Unsecured loans
Amount outstanding £
Lender
Bank overdrafts
Amount £
Bank
Savings
Amount £
Bank
Current personal guarantees
Other assets/investments/chattels/company shareholdings held
Grafton House 2-3 Golden Square London W1F 9HR
T 0203 540 5120 F 0203 002 4642 E [email protected] www.cbfl.co.uk
application form v 1.9
Capital Bridging Finance Limited is registered in England & Wales, Company No. 6994954
Signed Declaration
1. Capital Bridging Finance Ltd (CBFL), in order to secure credit facilities for you, will be required to undertake a Credit
Reference check on you and/or your company with an appropriate credit referencing agency. In addition a money
laundering check maybe carried out electronically. Information registered on this search will be used for underwriting
decisions, for fraud prevention and money laundering verification purposes. By signing this declaration you give us
permission to carry out this credit check.
2. The search we do to assess this application involves checking the details you supply against those held on any
databases Experian has access to. This includes information from the Electoral Register and fraud prevention
agencies. A record is kept of this search. We may use information we get about you and those with whom you are
linked financially. Other companies may also use it. This information may be used for debt tracing, the prevention of
money laundering, and the management of our account. We may pass information to organisations involved in fraud
prevention, to protect our customers and ourselves from theft and fraud. If you give us false or inaccurate information
and we suspect fraud, we will record this and share this information with other organisations.
3. We will now attempt to verify your identity (or the identity of the individual in whose behalf you are acting).This process
involves checking the details you supply against those held on a number of specific databases Experian – the credit
reference agency – has access to, for example information from the Electoral Register and fraud prevention agencies.
Scoring methods will be used in the verification process as this gives a more thorough check of the available data. A
record of this process will be kept that maybe used to help other companies to verify your identity; we may also pass
information to organisations involved in fraud prevention to protect ourselves and our customers from the ft and fraud.
If you supply false or inaccurate information and we suspect fraud, we will record this and share this information with
other organisations.
4. We treat all confidential information given to us by clients in accordance with the Data Protection Act 1998. You are
entitled to request a copy of the records we hold on yourself (on payment of a fee) and request that any inaccuracies
are corrected.
5. We require our clients to give us instructions in writing to avoid possible disputes, this may mean that we clarify the
instruction for you but we will give you the opportunity to challenge this.
6. I will inform CBFL of any changes to the information provided on the application form in writing that occur either
before or after the loan is made.
7. I declare the particulars on this form to be true and correct and to form the basis of any contract between myself and
Capital Bridging Finance Ltd. Any inaccuracies when applying for a loan could result in criminal prosecution and / or
civil action for recovery of any losses incurred
WARNING YOUR SECURITY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP PAYMENTS ON A MORTGAGE OR LOAN
SECURED AGAINST IT.
I understand and consent to the above terms, which are effective from the date of issue, and I hereby authorise the
Company to pass information on a confidential basis when warranted to such authorised companies.
Applicant 1
Applicant 2
Applicant signature
Applicant signature
Print Name
Print Name
Date
Date
Grafton House 2-3 Golden Square London W1F 9HR
T 0203 540 5120 F 0203 002 4642 E [email protected] www.cbfl.co.uk
application form v 1.9
Capital Bridging Finance Limited is registered in England & Wales, Company No. 6994954