BUY TO LET MORTGAGE
FACTFIND
Client(s) name
Adviser name
Fact find completed by
Date fact find completed
Lead source
 Client’s house
Place of meeting
 Office
Was there any face to face contact
 Yes
Client Type
 First Time Landlord
 Telephone
 Other (please detail)
 No
 Experienced Landlord
 Professional Landlord
Will you be entering into this credit
arrangement wholly or
predominantly for the purposes of
business
 Yes
Service Type Required
 Let to Buy
 New purchase
 Remortgage
Capital raising
 Debt consolidation
 Other (please detail)
What are the objectives for the buy
to let property
 No
 Investing for capital growth
 Future family needs e.g. future
home for children
 Increasing disposable income
 Diversification of existing
assets
 Providing income in retirement*
 Other (please specify below)
*If this is your objective and you are intending to apply for an interest only mortgage you will need to ensure you have a suitable
repayment vehicle in place other than sale of the property.
Notes:
We strongly recommend you consult your solicitor for legal advice and your accountant
for taxation advice on the implications of owning buy to let properties
This document is not designed for FCA Regulated Mortgage lending
Please ensure you have completed all sections including the relevant Appendices
1
A)
Client (s) Details
Core Details
Client 1
Title
 Mr  Mrs  Ms  Miss
 Dr  Other (please give details)
Client 2
 Mr  Mrs  Ms  Miss
 Dr  Other (please give details)
Forename(s)
Surname
Previous name(s) / reason(s) for
change e.g. maiden name
Date name changed (dd/mm/yyyy)
/
/
/
/
Date of birth (dd/mm/yyyy)
/
/
/
/
Gender
 Male
 Female
 Male
Relationship to other applicant
 Spouse / partner
 Business partner
 Sibling
 Other (please give details)
 Female
 Spouse / partner
 Business partner
 Sibling
 Other (please give details)
Full postal address*
Date moved in (dd/mm/yyyy)
Residential status
/
/
 Owner-occupier
 Private renting
 Renting Family / friends
 Other (please give details)
/
/
 Owner-occupier
 Private renting
 Renting Family / friends
 Other (please give details)
*If you have been present at your current address for less than 3 years please provide your previous address history with the
dates where you lived for this period in the section below
Previous address
Previous residential status
Date moved in (dd/mm/yyyy)
 Owner-occupier
 Private renting
 Renting Family / friends
 Other (please give details)
/
/
 Owner-occupier
 Private renting
 Renting Family / friends
 Other (please give details)
/
/
2
Contact details
Preferred method(s) of contact
Do you own any other properties
Home:
Home:
Mobile:
Mobile:
Work:
Work:
Email:
Email:










Post
Email
Home telephone
Mobile
Work telephone
 Yes*
 No
Post
Email
Home telephone
Mobile
Work telephone
 Yes*
 No
If you are currently renting, please
provide the full name and contact
details of your Landlord
 Single  Co-habiting
 Married  Divorced / separated
Marital status
 Single  Co-habiting
 Married  Divorced / separated
Nationality
UK domiciled & UK tax resident
 Yes
 No*
 Yes
 No*
*Please provide full details in the relevant sections provided
National Insurance number
Anticipated retirement age
Dependants
Client 1
Do you have any dependents
Dependant’s name
Age
 Yes
Financially
dependent on
Client 2
 No
 Yes
Relationship to client(s) &
reason for dependency
 No
Dependent until
(date / age)
Client 1:  Client 2: 
Client 1:  Client 2: 
Client 1:  Client 2: 
Client 1:  Client 2: 
If you have more dependants than can be listed here please enter their details in the notes section below
3
B)
Employment
Employed Details
Client 1
Client 2
Current occupation / profession
Job title
Status
Contract basis





Employed
House person
Unemployed
Retired
Other*





Employed
House person
Unemployed
Retired
Other*





Permanent
Temporary
Contractor
Fixed term
Other*





Permanent
Temporary
Contractor
Fixed term
Other*



Full Time
Part Time – Hours worked:
Zero hours contract
*If you have indicated other please provided details in the note section below
Hours worked (per week)



Full Time
Part Time – Hours worked:
Zero hours contract
Start date (dd/mm/yyyy)*
/
/
/
/
End date for fixed term workers
(dd/mm/yyyy)
/
/
/
/
*If your present employment has been less than 12 months, or self-employment less than 2 years please provide relevant details
of your previous employment in the notes section below
Are you in a probationary period
 Yes
 No
 N/A
 Yes
 No
 N/A
If yes, when does this end
Employer’s full name
Employer’s full address
Telephone number
Are you a member of a workplace
pension
 Yes
 No
 Yes
 No
Notes:
4
Self-Employed Details
Client 1
Client 2
Nature of business
Job title
Legal Status of business








Sole trader
Limited company
Partnership
Limited liability partnership
Has the legal status of the
business recently changed i.e.
within the last three years
 Yes*
Sole trader
Limited company
Partnership
Limited liability partnership
 No
 Yes*
 No
*If yes please provide full details including dates within the notes section below
For Directors/Shareholders of
limited companies what is your
percentage shareholding
%
%
Full address of business
Telephone number
Company registration number (if
none please state NONE)
Company start date (dd/mm/yyyy)
/
/
/
/
Trading name if different from
applicants own name
C)
Income
Client 1
Client 2
Joint
Employed Annual Income:
A
Gross basic salary
£
£
£
B
Guaranteed overtime (gross)
£
£
£
C
Guaranteed bonuses (gross)
£
£
£
D
Guaranteed Commission (gross)
£
£
£
E
Additional regular income (gross)
(overtime, bonuses, commission etc.)
£
£
£
F
Other earned income (gross) please
specify
£
£
£
£
£
£
TOTAL (A+B+C+D+E+F)
Can this income be independently verified
Yes  No
Yes  No
Yes  No  N/A
5
Client 1
Client 2
Joint
Yes  No
 Yes  No
 Yes  No  N/A
Self-employed Income:
Are accounts available
If answered ‘No’ please explain why
Date of last accounts (dd/mm/yyyy)
/
/
/
/
/
/
Number of years accounts available
If you are a Director/Shareholder of a Ltd company and have greater than 20% shareholding, please provide
your last three years annual salary & dividend income from this company (Year 3 being the latest year)
Year 3
£
£
£
Year 2
£
£
£
Year 1
£
£
£
Please provide your last three years amount (£) and share (%) of net profit/income (Year 3 being the latest
year)
Year 3
£
%
£
%
£
%
Year 2
£
%
£
%
£
%
Year 1
£
%
£
%
£
%
Client 1
Client 2
Joint
Yes  No
Yes  No
Yes  No N/A
Yes  No
Yes  No
Yes  No N/A
Other Employment
Do you have any other paid occupation
If yes, what is your job title and role
Is this employment permanent
A
Gross basic salary
£
£
£
B
Guaranteed overtime (gross)
£
£
£
C
Guaranteed bonuses (gross)
£
£
£
D
Guaranteed Commission (gross)
£
£
£
E
Additional regular income (gross)
(overtime, bonuses, commission etc.)
£
£
£
F
Other earned income (gross) please
specify
£
£
£
Yes  No  N/A
Yes  No  N/A
TOTAL (A+B+C+D+E+F)
Can this income be independently verified
Yes  No  N/A
6
Client 1
Client 2
Joint
Other Annual Income
Pension including state pension
£
£
£
Rental
£
£
£
State benefits
£
£
£
Maintenance / allowance*
£
£
£
Other*
£
£
£
TOTAL
£
£
£
Can this income be independently verified
Yes  No  N/A
Yes  No  N/A
Yes  No  N/A
TOTAL GROSS ANNUAL INCOME
£
£
£
TOTAL NET ANNUAL INCOME
£
£
£
*Please provide full details in the notes section below
Important Note: If the mortgage you apply for extends into your retirement you will also need to provide evidence of your
anticipated state & personal pension income.
If you expect any changes to your income, employment or expenditure within the foreseeable future (3 to 7
years) please provide full details below
D)
Current Mortgage Details
Client 1
Do you have any existing
residential mortgages in
place
 No
 Yes*
Client 2
 No
 Yes*
If yes, and you are intending to let out this property please explain why you are not facilitating this by way of
‘consent to let’ with your current lender
*Please provide details below
Client 1
How many buy to let
properties will you own at
the end of this transaction
How long have you been
letting out properties
Do you intend to occupy
any of these properties
*If yes please provide details
Client 2
Years
 No
 Yes*
Years
 No
 Yes*
7
Residential Mortgage (1)
Client 1 
Owner
Client 2 
Residential Mortgage (2)
Joint 
Client 1 
Client 2 
Joint 
Lender
Property value
£
£
Outstanding loan
£
£
Monthly mortgage payment
£
£
Current rate & type
Term remaining
%
%
Years
Years
Repayment type
Will this mortgage be repaid
on completion
 Yes
 No
 Yes
 No
If yes, please provide
details of any redemption
penalties and when these
expire
Buy to Let Property 1
Buy to Let Property 2
Property address
Client 1 
Owner
Client 2 
Joint 
Client 1 
Client 2 
Joint 
How did you acquire the
property
Tenancy type
Property value
£
£
Mortgage outstanding
£
£
Remaining Term
Repayment type
Current rate & type
%
%
Lender
Rental income
£
£
Monthly mortgage payment
£
£
Will this mortgage be repaid
on completion
 Yes
 No
 Yes
 No
If yes, please provide
details of any redemption
penalties and when these
expire
8
Buy to Let Property 3
Buy to Let Property 4
Property address
Client 1 
Owner
Client 2 
Joint 
Client 1 
Client 2 
Joint 
How did you acquire the
property
Tenancy type
Property value
£
£
Mortgage outstanding
£
£
Remaining term
Repayment type
Current rate & type
%
%
Lender
Rental income
£
£
Monthly mortgage payment
£
£
Will this mortgage be repaid
on completion
 Yes
 No
 Yes
 No
If yes, please provide
details of any redemption
penalties and when these
expire
If the clients have additional properties, please copy additional pages as required
If you are prepared to pay the redemption penalties on any of your current mortgages, please explain why:
If in addition to the above mortgages you also have other loans secured against any of your properties (i.e. second
charge loans) details of these should be disclosed in the relevant sections below
E)
Current Assets & Liabilities
Summary – Current Assets
Client 1
Client 2
Joint
Residential property
£
£
£
Other Properties
£
£
£
Investments
£
£
£
Cash savings
£
£
£
Other assets*
£
£
£
£
£
* Please provide full details of these assets in the notes section
Total assets
£
9
Summary – Current Liabilities
Client 1
Client 2
Joint
Outstanding mortgage (main residence)
£
£
£
Outstanding mortgage (any other property)
£
£
£
Credit / store cards / Overdraft
£
£
£
Loans/HP
£
£
£
Other lending*
£
£
£
£
£
* Please provide full details of these loans in the notes section
Total liabilities
£
Detailed Breakdown – Current Liabilities
Credit / store cards details:
Provider
Card Owner
Min monthly
payment
Amount O/S
Interest rate
%
Introductory rate
Credit limit
Client 1
Client 2
Joint



£
£
 Yes*
 No
£
Client 1
Client 2
Joint



£
£
 Yes*
 No
£
Client 1
Client 2
Joint



£
£
 Yes*
 No
£
Client 1
Client 2
Joint



£
£
 Yes*
 No
£
Client 1
Client 2
Joint



£
£
 Yes*
 No
£
End date (if
relevant)
*Please provide details in the notes section
Loans / HP details:
Provider
Loan Owner
Amount O/S
Monthly cost
Repayment date
Interest rate %
Secured loan
Client 1
Client 2
Joint



£
£
 Yes*
 No
Client 1
Client 2
Joint



£
£
 Yes*
 No
Client 1
Client 2
Joint



£
£
 Yes*
 No
*please provide full details in the notes section including the property this loan is secured against, date taken out etc.
10
Client 1
Client 2
Do you have any known adverse credit history e.g. missed
payments, CCJ etc.
 No
 Yes*
 No
 Yes*
Have you taken out a payday loan in the last 12 months
including any that have already been repaid
 No
 Yes*
 No
 Yes*
*If yes please provide full details in the Adverse Credit Appendix
F)
New Mortgage
Please ensure you provide full details of the property to be mortgaged within the relevant Appendix
1) New Mortgage Requirements
Will you or any member of your immediate
family occupy at least 40% of the property either
now or in the future
Client 1 -  Yes
Client 2 -  Yes
 No
 No
Have you or any member of your immediate
family previously occupied this property
Client 1 -  Yes
Client 2 -  Yes
 No
 No
Do you wish to add any fees / charges to the
loan amount If Yes please explain why
 No
 Yes - £
Do you wish to add any existing debts / loans to
the new mortgage (debt consolidation) Provide
details of debts to be added
 No
 Yes - £
If you have indicated that you wish to
consolidate debts, please explain why
Total amount of new loan required (if known)
£
If taking out a further advance or capital raising,
please document the reason(s) for this and the
amounts of additional borrowing required
£
What term is required for the new loan
Years
What is the reason for this term
Do you intend to retain ownership of the
property once this term expires
 No
Anticipated purchase price / loan to value
£
What deposit is available
£
 Yes
%
11
Please provide full details of the source of your deposit within the relevant section(s) below
Source and amount
 Current Equity
Details
Please provide property details and current loan amount if not already detailed above:
£
 Sale of previous
property
Please provide property details, date of sale and any loan amount repaid on sale if not already
detailed above:
£
 Personal Savings
Have these monies all built up solely through regular savings of excess income  No
If No, please individually disclose the original source and amount of these funds:
 Yes
£
 Gift (s)
Please provide full details of the donor(s) including full names, their relationship to you and the
original source of these funds. If multiple gifts are being given, please list these individually:
£
 Council (right to
buy)
£
 Inheritance
Will any of these persons reside in the property  No  Yes
Will any of these persons retain an interest in the property  No
 Yes
Which local authority has granted the right to buy, what is the total discount and what percentage
does this represent:
Will you be using the whole discount as a deposit  No  Yes
Has the RTB Section 125 notice been received  No  Yes
Please provide full details of whom you received this inheritance from including full names, their
relationship to you and the date received. If you’ve received more than one inheritance, please list
these individually:
£
 Sale / maturity of
investments
Please provide dates these funds were received and the name of the investment provider. If you
received proceeds from more than one investment, please list these individually:
£
 Sale of company
Please provide the name of the company, date of sale, principal activity of the company and your
share of the proceeds:
£
 Concessionary
purchase
Please provide full details including full names of the persons providing the concession and their
relationship to you:
£
 Other
Will these persons reside in the property  No
 Yes
Will these persons retain an interest in the property  No
Please provide full details
 Yes
£
12
H)
Expenditure
Type of Expenditure
Current Monthly Costs
Fixed Household Costs
£
Living Expenses
£
Transportation Costs
£
Insurance / Savings / Unsecured Loans
£
Schooling
£
Miscellaneous / Other
£
TOTAL MONTHLY EXPENDITURE
£
Notes
Surplus Income
Total monthly net income
£
Total monthly future expenditure (before applying new mortgage costs)
£
Surplus income
£
Please explain how you would continue to be able to pay the new buy to let mortgage if, there were
prolonged periods of no rental income e.g. if the property were to stands vacant, or if interest rates were to
increase:
G)
Key Information – New Mortgage
What type of mortgage repayment would you prefer:

Capital &
Interest
I don’t want to take any risk with my mortgage. Assuming I make all the required mortgage
payments the loan is guaranteed to be repaid at the end of the term.

Interest only
I am prepared to take some risk with the whole of my mortgage. Throughout the mortgage term
only interest payments will be made to the lender, so at the end of the term the full loan will
remain outstanding. Unless I have sufficient capital from elsewhere to enable me to repay the
loan I may have to sell the property, or else the lender will repossess it.

Combination
I am prepared to take some risk with some of my mortgage. For the ‘capital & interest’ portion
of the loan, assuming I make all the required mortgage payments, the loan is guaranteed to be
repaid at the end of the term. For the ‘interest only’ portion, only interest payments will be made
to the lender throughout the mortgage term, so at the end of the term this portion of the loan will
remain outstanding. Unless I have sufficient capital from elsewhere to enable me to repay this
portion of the loan I may have to sell the property, or else the lender will repossess it.
13
If any element is on ‘interest only’ please
provide full details of the repayment strategy.
Details of proposed repayment strategy, remember you will not
be able to use sales of the property if you intend to retain
ownership:
If a combination of repayment methods are
being used, please record the relative split
Capital & Interest:
% / Interest only:
%
How important to you are the product features below
An upper limit on your mortgage costs for a specific period
Not important
Important






















Reason(s) & timescale
To fix your mortgage costs for a certain period
Reason(s) & timescale
A discount on your mortgage repayments in the early years
Reason(s) & timescale
The interest rate on your mortgage moves in line with an external index
such as the Bank of England base rate, rather than the lender’s own
variable rate (known as a ‘tracker’)
Reason(s) & timescale
Access to an initial cash sum (known as ‘cashback’)
Reason(s) & timescale
No early repayment charge on full repayment
Reason(s) & timescale
Ability to make lump sum repayments penalty free
Reason(s) amounts & timescale
No redemption charges after the initial interest rate benefit period ends
Reason(s) & timescale
Keeping initial mortgage costs to a minimum but paying a higher
interest rate (e.g. no higher lending charge, low arrangement fees)
Reason(s) & timescale
Speed of mortgage offer / completion
Reason(s) & timescale
Ability to add charges / fees to the loan
Reason(s) & timescale
14
Payment flexibility e.g. the ability to increase / reduce the repayments










Reason(s) & timescale
Ability to offset the mortgage against your savings
Reason(s) & timescale
To avoid a higher lending charge
Reason(s) & timescale
To pay the lowest amount possible over a specific number of years
Reason(s) & timescale
Having a low annual percentage (APR)
Reason(s) & timescale
I)
Protection Needs
Protecting your buy to let mortgage
Client 1
Client 2
Do you want your mortgage to be repaid in the event of your
death
 Yes
 No
 Yes
 No
Do you want your mortgage to be repaid in the event of
suffering a critical illness
 Yes
 No
 Yes
 No
Do you want your income to continue if you were unable to
work due to long term ill health / disability
 Yes
 No
 Yes
 No
Do you want your income to continue in the event of
redundancy and / or unemployment
 Yes
 No
 Yes
 No
If you answered ‘No’ to any of the above questions, please explain why below:
If you answered Yes to any of the above, please ensure you complete the protection Appendix at the end of
this document
Buildings & Contents Insurance
Do you have any buildings and or contents cover in place
 Yes
 No
If yes can this be used in conjunction with the new mortgage
 Yes
 No
Current buildings / contents provider
Buildings sum assured
Standard policy excess
Accidental damage cover included
Contents sum assured
£
£
 Yes
 No
£
Other policy excesses
£
Premium amount
£
15
Client Declaration (please read carefully and then sign and date below)
I / we confirm that the information I / we have provided is, to the best of my /our knowledge correct. I / we have provided
this information understanding that it is used to form the basis of any advice and recommendation(s) made to me / us
and that I / we am not under any obligation to take up any recommendation(s) made.
I / we understand that recommendations may be made which involve a regular financial commitment or the investment
of capital. Accordingly, I / we understand that I / we must be sure of the ability to meet that commitment having given
consideration to all other expenditure, and the provision for any emergencies, which may require access to funds.
I / we understand that I / we need to provide full information for the relevant area of advice to enable the adviser to make
appropriate recommendations and that if any relevant information is withheld; it could have an effect on the
recommendation(s) made.
I / we understand that if I / we add any unsecured debts to a mortgage this means the property may be taken by the
lender if I / we default on payments.
I / we understand that defaulting on unsecured debts is less likely to result in losing my / our property.
I / we confirm that I / we have not sought advice from, and the adviser has not been given advice in relation to the
taxation implications of owing and / or disposing of buy to let properties. Furthermore, I / we understand that no advice
has been given as to the suitability of the buy to let property as a long term investment.
I / we confirm that neither I / we nor any of my/our immediate family will be living in the property whilst it is in mortgage
to the lender
NB: Please understand that the firm / adviser reserve the right to decline to give advice if full relevant information is not
provided.
Client 1
Full Name
Signature
Date
Client 2
Full Name
Signature
Date
16