Should you decide to go ahead with your mortgage application, you'll need a telephone or video appointment with a dedicated Skipton Direct mortgage adviser.
During your appointment, we'll ask you some questions about your personal circumstances (this information will be recorded in a Customer Needs Questionnaire - CNQ) in order to recommend which type of mortgage best suits your needs.
We'll prepare a Mortgage Illustration for you to consider, which will illustrate the cost of the mortgage, your monthly payments and any fees due. If you're happy after receiving your Mortgage Illustration, your application will go ahead. We will ask you to sign and return the pre-completed CNQ and application we sent to you after our conversation.
If your application is successful we'll work to ensure the mortgage is in place for when you need it.
Your Skipton Direct mortgage adviser will tell you what documentation will be required to support your application.
This will include:
a fully completed and signed application form;
your latest full months bank statements showing credits from your employer and debits to your current lender (if applicable);
latest month's payslip;
your latest P60;
the latest two years' finalised signed accounts or accountant's certificate (if self-employed);
application/valuation fee, and other fees if you have not chosen to have them added to your loan (as applicable);
details of any life policies and household insurance policies that you currently hold; and
gifted deposit declaration (if applicable).
Buy to Let mortgage applications
If you're applying for a Buy to Let mortgage, the documentation you will need to provide is as follows:
- a fully completed and signed application form;
- your latest bank statement (which should show a full month);
- your latest P60 (only required if using other income in addition to basic income);
- the latest two years' finalised accounts (if self-employed) or SA302 or Accountant's certificate;
- Asset and Liability Statement (to be completed if you have over 5 buy to let properties); and
- address/identity documents.