I downloaded my basket of forms and duly started filling them in.
How to beat the credit crunch - 4 expert brokers - 1 FORM
The main document was the mortgage application form which was not quite as ownerus as i remembered. There was the usual details about who I am, where I live, details about the property to be mortgaged, hobbies and interests (only joking).
Once i'd filled in the form which I guessed took me about an hour and a quarter I had to send it back with a a completed direct debit form. I also had to send a cheque for the valuation fee. of £300. This concerned me a little because should the application not succeed then this fee was unreturnable. I also had to prove who I was by sending my passport, and a recent utility biil to confirm my address.
Then it was a case of sitting back and waiting for a call from the surveyor.
Hallo,
ReplyDeleteThanks for the blog, am learning all the time so much help on your site.(I can not sell my property so I am letting it out)and trying to raise a buy to let mortgage on. I was interested on a "Mortgage Works" mortgage but they state they do not lend to first time Landlords.
regards