What documents do I need to apply for a mortgage?

Let us look at what documents you will need to apply for a mortgage.

What you will need to provide will vary from lender to lender. However we will cover in this article thorough documentation that should be generic in nature and therefore satisfy most lenders and broker requirements.

Buy to let or residential?

The type of mortgage you are applying for whether that be a residential mortgage or a BTL mortgage, will determine in most cases what documents are needed. For BTLs most lenders use the estimated rent as the basis for lending so in these cases often no proof of income will be required. Whereas a residential mortgage is based on affordability and in all cases proof of earnings the lender will ask you to evidence

Identification Documents

The lender or broker will always ask for proof of your name. Typically two forms of ID will be required for this. Usually a passport or driving licence will be OK for name ID

Proof of address i…

Read more
  • 0