Your Mortgage Document Guide

Documents Required for Your Mortgage Enquiry/ Application:

At Mortgage321, we aim to make your mortgage enquiry/application process as smooth as possible. Depending on the type of mortgage you are applying for, the documents you need may vary. Below is a breakdown of the required documents based on your mortgage type:

For First-Time Buyers

If you are applying for your first mortgage, you'll need the following documents:

• Proof of Identity: Passport or Driving License
• Proof of Address: Utility bills (dated within the last 3 months), credit card statement (dated within the last 3 months)
• Council tax bill (latest year)
• Proof of Income: Payslips from the last 3 months (if employed). Self-Employed Clients: Additional documents may be required such as last 2 years tax calculations (SA302s) and tax overview documents.
• Bank statements from the last 3 months
• Credit History: Recent credit report (Please see Check Your Credit Report)

For Home Movers

Moving home? Make sure you provide these documents to ensure a smooth transition:

• Proof of Identity: Passport or Driving License
• Proof of Address: Utility bills (dated within the last 3 months), credit card statement (dated within the last 3 months)
• Council tax bill (latest year)
• Proof of Income: Payslips from the last 3 months (if employed). Self-Employed Clients: Additional documents may be required such as last 2 years tax calculations (SA302s) and tax overview documents.
• Bank statements for the last 3 months
• Existing Mortgage Details: Recent mortgage statement (if applicable)
• Mortgage Redemption statement from your current lender (if applicable)
• Credit History: Recent credit report (Please see Check Your Credit Report)

For Remortgage Applications

If you're looking to remortgage your current home, here’s what you’ll need:

• Proof of Identity: Passport or Driving License
• Proof of Address: Utility bills (within the last 3 months)
• Council tax bill (latest year)
• Proof of Income: Payslips from the last 3 months (if employed). Self-Employed Clients: Additional documents may be required such as last 2 years tax calculations (SA302s) and tax overview documents.
• Bank statements from the last 3 months
• Existing Mortgage Details: Latest mortgage statement
• Mortgage Redemption Statement
• Credit History: Recent credit report (Please see Check Your Credit Report)

For Buy to Let Applicants

If you are purchasing a property for rental purposes, the following documents will be required:

• Proof of Identity: Passport or Driving License
• Proof of Address: Utility bills (within the last 3 months)
• Council tax bill (latest year)
• Proof of Income: Payslips from the last 3 months (if employed). Self-Employed Clients: Additional documents may be required such as last 2 years tax calculations (SA302s) and tax overview documents.
• Bank statements from the last 3 months
• Proof of Rental Income (if applicable): Current tenancy agreements
• Rental income statements or tax returns for existing properties
• Details of Existing Properties (if any): Mortgage statements for existing properties
• Credit History: Recent credit report (Please see Check Your Credit Report)

General Tips

• Prepare in Advance: Gathering these documents early will speed up your application process.
• Check Expiry Dates: Ensure all documents (like passports) are up to date and valid.

Need Assistance?

If you’re unsure about any of the documents or need further guidance, feel free to reach out to us contact us. We’re here to make your mortgage journey as smooth as possible.