Important Information – Minimum Required Documentation
We recently made a change to our submission process and introduced a new form to be submitted with applications received from 17 August. The form acts as a checklist for you to ensure we have all the information required to process the application.
On the cases we have received so far where this form has been fully completed we have been able to move these through our process much quicker and the underwriter can more easily assess the case, with the ultimate aim of issuing a Mortgage Offer as soon as possible.
However, at the moment the form is only being received in around 40% of new cases and therefore we have not been able to fully deliver these advantages in processing for you. Therefore, with immediate effect, this form will become mandatory for all new mortgage applications.
Please ensure the form is fully completed and submitted with the supporting documentation required for each new application submitted.
Important points to remember:
- This form must be fully completed and all documentation required should be submitted together in one complete batch.
- Any points which are not applicable to the application must be recorded as such on the form.
- The form allows you to certify the supporting documentation which you send to us.