We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Paperwork

Options
Hi,

My fianc! and I are hopefully about to embark on buying our first property soon. Our filing is not the most organised and we feel a little clueless - what paperwork/information will we need to provide - payslips I assume - how far back though?

Any tips on feeling more prepared appreciated. We have tried to read up but would appreciate some practical advice.


Thanks :)

Comments

  • sal_III
    sal_III Posts: 1,953 Forumite
    Fifth Anniversary 1,000 Posts
    If you read up and still ask such questions i suggest you speak with a mortgage broker.

    The documents required vary depending on the circumstances, but boil down to proof of Address, ID, income. No once can give you much more details without specifics on your case.
  • amnblog
    amnblog Posts: 12,728 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    ID - Passports or driving Licences
    Proof of residency - recent utility bill or credit card statement
    Income - 3 months wage slips and last P60
    Conduct of account - 3 months Bank Statements
    Proof of deposit - Bank statement

    Get a copy of your credit files from Equifax, Experian, or Call Credit to check there is nothing on there you did not expect.

    If you have poor credit get all three credit files and put together six months bank statements.
    I am a Mortgage Broker

    You should note that this site doesn't check my status as a Mortgage Broker, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • Thanks, we just wanted to confirm as we read different things in different places and wanted to make sure there wouldn't be any odd surprises in what we're asked for.
  • ACG
    ACG Posts: 24,553 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    Some lenders do vary in what they need so it is not surprising that you are getting different answers.

    We normally get the same as AMN except for a P60 unless we are using bonuses/overtime etc.
    Also, if you are on tax credits and they are needed, then we would also suggest getting the award letter.

    One other point, the bank statements need to have:
    Account number,
    Sort code,
    Your name on there,
    Show your wages hitting the account,
    general spending/bills etc.
    I am a Mortgage Adviser
    You should note that this site doesn't check my status as a mortgage adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 350.9K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.6K Spending & Discounts
  • 244K Work, Benefits & Business
  • 598.8K Mortgages, Homes & Bills
  • 176.9K Life & Family
  • 257.2K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.