INDEX 1 Understanding you and your Mortgage & Protection Needs Date of fact find Face to face meeting ☐ Non face to face meeting ☐ Client 1 name Preferred Client 2 name Preferred Address details: Email address ☐ Email address ☐ Home telephone ☐ Home telephone ☐ Mobile telephone ☐ Mobile telephone ☐ Work telephone ☐ Work telephone ☐ Best contact time Best contact time Framework for our meeting: • What do you want to get from the meeting? • What do you know about our firm and myself? • How do we deliver solutions to you? • Understanding more about your needs • Which solutions suit you the best? • What can we expect from each other? Adviser Name Firm Name House no & street Town/City County Postcode Address details: House no & street Town/City County Postcode
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Understanding you and your Mortgage & Protection Needs · Understanding you and your Mortgage & Protection Needs. Date of fact find Face to face meeting ... housing association? Yes
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Mobile telephone ☐ Mobile telephone ☐Work telephone ☐ Work telephone ☐Best contact time Best contact time
Framework for our meeting:
• What do you want to get from the meeting?• What do you know about our firm and myself?• How do we deliver solutions to you?• Understanding more about your needs• Which solutions suit you the best?• What can we expect from each other?
Adviser Name
Firm Name
House no & street
Town/City
County
Postcode
Addressdetails:
House no & street
Town/City
County
Postcode
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Index Version 4.0 September 2016
Index ................................................................................................ 2
Your expectations and perceptions .......................................... 3
Protecting you and your home ....................................... 11 Agreed needs ............................................................................... 12
Property to be mortgaged ......................................................... 14
Adverse credit details ..................................................... 15 Protecting you and your mortgage .......................................... 16
Existing protection & lump sum arrangements from policies and work benefits .............................................. 21
What future changes to your circumstances are you aware of?
Income
Expenditure
Employment
Family
Travel
Windfall / lump sum
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Key facts
Personal details Client 1 Client 2
Title – Mr, Mrs, Miss, Ms, Other
Forename
Middle name(s)
Surname
Preferred name
Previous name/maiden name
Date of name change
Date of birth
Gender Male ☐ - Female ☐ Male ☐ - Female ☐
Marital status
Smoker Yes ☐ - No ☐ Yes ☐ - No ☐
Nationality
Visa details if applicable
Present at interview Yes ☐ - No ☐ Yes ☐ - No ☐
Do you have dependents? Client 1 Client 2
Yes ☐ - No ☐ Yes ☐ - No ☐
Dependant 1 Dependant 2
Title
Forename
Middle name(s)
Surname
Relationship
Related to Client 1 ☐ - Client 2 ☐ - Both ☐ Client 1 ☐ - Client 2 ☐ Both ☐
Date of birth/age
Dependant 3 Dependant 4
Title
Forename
Middle name(s)
Surname
Relationship
Related to Client 1 ☐ - Client 2 ☐ - Both ☐ Client 1 ☐ Client 2 ☐ - Both ☐
Date of birth/age
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Current address Client 1 Client 2
House number and street
Town/city
County
Postcode
How long have you lived at this address? (Complete Previous address if less than 3 years. Additional notes on pg25)
Residential status
Previous address Client 1 Client 2
House number and street
Town/city
County
Postcode
Occupancy type
Date you moved into your previous address
How long did you live at this address?
Address of property to be mortgaged Client 1 Client 2
House number and street
Town / City
County
Postcode
Employments Client 1 Client 2
National Insurance number
Tax office details
County
Employment status
Employed
Self Employed
Retired
Contractor
Agency
Student
Houseperson
Unemployed
Full time or part time Full Time ☐ Part Time ☐ Full Time ☐ Part Time ☐
Occupation
Main occupation Yes ☐ No ☐ Yes ☐ No ☐
Employed
Self Employed
Retired
Contractor
Agency
Student
Houseperson
Unemployed
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On probation Yes ☐ No ☐ Yes ☐ No ☐
Probation end date
Preferred retirement date
Employer name
Nature of business
Employer address
Start date
Length of service
Employed Client 1 Client 2 Gross annual income from main employment
Regular overtime
Guaranteed bonus
Regular bonus
Commission
Allowances
Deductions from pay slips Client 1 Client 2
Monthly deduction amount
Pension
Childcare vouchers
Student loan
Union fees/charities
Other
Other details
Other / previous employment Client 1 Client 2
Full-time or part-time Full time ☐ Part Time ☐ Full Time ☐ Part time ☐
Occupation
Main occupation Yes ☐ No ☐ Yes ☐ No ☐
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On probation Yes ☐ No ☐ Yes ☐ No ☐
Probation end date
Preferred retirement date
Employer name
Nature of business
Employer address
Start date
Length of service
Other income Client 1 Client 2
State benefits
Pension income
Maintenance
Rental income
Other relevant income
Total annual gross amount
Self-employed or more than 15% shareholding in company Client 1 Client 2
Business name
What is the nature of your business/occupation
Year established
Partner/Sole trader/Ltd co
What % of the shares in this business do you own? How long have you owned/part owned this business?
Controlling director/PAYE Client 1 Client 2
Gross annual income/salary
Dividends
Self-employed Client 1 Client 2 Share of net profit & period ending Share of net profit & period ending Share of net profit & latest period ending SA302 HMRC confirmed total income
Client 1 Client 2
Total NET monthly verified income from all sources
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Is there anything else that should be taken into account in respect of your income (including specific self-employed details)?
Existing financial commitments
Who owns it?
Mortgage 1 Mortgage 2
Client 1 Client 1 Client 2 Client 2 Other Other
Is this the main mortgage for your current address? Yes ☐ No ☐ Yes ☐ No ☐
Is this a buy to let mortgage Yes ☐ No ☐ Yes ☐ No ☐
Mortgage lender
Mortgage account number Product type Interest rate
Product end date Outstanding balance
Repayment basis Repayment ☐ Interest only ☐ Part and part ☐
Start date Mortgage end date Outstanding mortgage term Current monthly payment
Mortgage to be repaid? Yes ☐ No ☐ Yes ☐ No ☐If yes, do penalties apply to the mortgage? Yes ☐ No ☐ Yes ☐ No ☐
Penalty amount Expiry date
For professional landlords please attach full details, this can be a spreadsheet or other listing.
Repayment ☐ Interest only ☐ Part and part ☐
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Other financial commitments
Who owns it?
Commitment 1 Commitment 2
Details Credit card, store card, personal loan, hire purchase, student loan, lease, other
Provider name
Amount outstanding
Monthly payment
Interest rate (if known)
Years/months left on contract (if applicable)
Commitment to be repaid? Yes ☐ No ☐ Yes ☐ No ☐
If yes, do penalties apply? Yes ☐ No ☐ Yes ☐ No ☐Penalty amount
Expiry date
Who owns it?
Commitment 3 Commitment 4
Credit card, store card, personal loan, hire purchase, student loan, lease, other
Provider name
Amount outstanding
Monthly payment
Interest rate (if known)
Years/months left on contract (if applicable)
Commitment to be repaid? Yes ☐ No ☐ Yes ☐ No ☐
If yes, do penalties apply? Yes ☐ No ☐ Yes ☐ No ☐
Penalty amount
Expiry date
Have you ever had any credit difficulties (e.g. late payments, missed payments, defaults, CCJs, bankruptcy)
Client 1 Client 2
Yes ☐ - No ☐ Yes ☐ - No ☐
Yes ☐ - No ☐
If yes, follow debt consolidation guidance
Client 1 Client 2 Other
Client 1 Client 2 Other
Client 1 Client 2 Other
Client 1 Client 2 Other
If yes, complete adverse credit appendix (page 15)
Client 1
Yes ☐ - No ☐
Client 2
Yes ☐ No ☐
Are you adding any of your unsecured
debts to the new mortgage?
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Mortgage expenditure Record in this section all net monthly expenditure (not deducted from salaries at source)
Red = Essential Black = Non-essential Please indicate if new mortgage costs are exact or estimated.
Monthly costs (£) Current New mortgage Exact? Estimated?
If property is a flat or maisonette: Purpose built ☐ - Converted ☐ - Over commercial ☐
Total number of units in block:
Number of floors in the block:
Year of construction:
Is there lift access Yes ☐ No ☐
Enter number of:
Floors: Basements: Receptions:
Bedrooms: Kitchens: Bathrooms:
Toilets: Garages: Parking spaces:
Tenure Leasehold ☐ Freehold ☐
Please answer all questions and write ‘N/A’ if not applicable.
Council tax £ If the property is under 10 years old, what rebuilding guarantees are in place, NHBC etc.? Are there any unusual aspects to the property (outbuildings, gardens over 1 acre etc.) Will the property be your primary residence? Yes ☐ No ☐If no, please confirm use of property Do you intend to let the property? Yes ☐ No ☐If buy-to-let, will property be occupied by the owner or an immediate family member? Yes ☐ No ☐On buy-to-let: What is the likely rental income and proposed tenancy? £
Proposed tenancy AST ☐ Corporate ☐ Other ☐Are the tenants in occupation? Yes ☐ No ☐If yes, date commenced and end date Will you carry out any business in the property or outbuildings? Is the property, currently or has it been, owned by a local authority, the MOD or a housing association? Yes ☐ No ☐
Name of the vendor
State arrangements for the valuer to gain access to the property and contact number
Please answer the following if you are re-mortgaging a property What are the funds from the re-mortgage being used for?
Original date of purchase Repay existing mortgage £
Original purchase price £ Home improvements £
Current mortgage outstanding £ Cover early repayment costs £
Purchase of second property £
Consolidation of debt £
Other £
Other - Describe
If leasehold then please complete the following
Unexpired lease term Service charge £ Ground rent £
Feudal Chief rent £
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Adverse credit details 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 ☐
Details
Are you currently or have you ever been in arrears with your rent, mortgage payments or other loans?
Yes ☐ No ☐ Yes ☐ No ☐
Details
Have you been bankrupt? Yes ☐ No ☐ Yes ☐ No ☐
Details
Have you ever had a County Court Judgement (CCJ) against you?
Yes ☐ No ☐ Yes ☐ No ☐
Details
Have you ever made arrangements with creditors (Individual Voluntary Agreement)?
Yes ☐ No ☐ Yes ☐ No ☐
Details
Have you been declined a mortgage on any property in the last 5 years?
Yes ☐ No ☐ Yes ☐ No ☐
Details
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Protecting you and your mortgage
Tell me about your lifestyle? (hobbies, home, holidays, children)
Tell me about plans you have for the future (future house move, jobs, retirement, etc.)
In an ideal world, if your income stopped yesterday, what impact would you want this to have on
your ability to remain in your home?
What things could happen to affect your ability to maintain your mortgage?
What are the chances that any of these things could happen?