The following information is indicative of what is usually required to complete a holiday let mortgage application, accurately and quickly. If you could take a moment early in the process to gather your files and pull together what you can, this will ease the process considerably.
Many documents, like bank statements, pay slips, utility bills etc can be downloaded directly from your providers online system, or can be saved directly via the “Print to PDF” function. This is our preferred option for all non-paper based documents.
Where this is not possible, you can simply scan a document (so long as the result is good quality and clear) or now, many lenders are accepting photographs of documents (i.e. pictures taken on your smartphone).
For all persons named on the application (maximum of four allowed):
Certifying a document: A Quick Guide
When you apply for a mortgage, sometimes Lenders may ask that are certain documents are certified as true copies of the original. Copies of documents that can be certified include:
- Photocard driving licences.
- Bank or Building Society or credit card statements.
- Gas, electricity or Council Tax bills.
Who can certify a document?
According to Government advice, your document should be certified by a professional person or someone well-respected in your community (‘of good standing’) for example:
- bank or building society official Councillor.
- minister of religion.
- chartered accountant.
- solicitor or notary.
- teacher or lecturer.
The person you ask should not be:
- related to you.
- living at the same address.
- in a relationship with you.
How to certify a document
Take the photocopied document and the original and ask the person to certify the copy by:
- for personal identification documents that contain a photo, write: “I, [full name of certifier], confirm that this is a true likeness of the applicant seen and a true copy of the original“.
- for your documents that don’t contain a photo, write: “I, [full name of certifier], confirm this is a true copy of the original seen“.
- ask the certifier to:
- print their name, sign and date the statement.
- add their occupation and company (if applicable).
- add their address and telephone number.
Holiday Let Mortgages. Done.
© Holiday Cottage Mortgages Limited
The Long Barn, Cobham Park Road
Cobham, Surrey KT11 3NE
Holiday Cottage Mortgages Limited is an Appointed Representative of Julian Harris Mortgages Limited, Julian Harris House, Musgrove, Ashford, Kent, TN23 7UN, which is authorised and regulated by the Financial Conduct Authority (FCA). Julian Harris Mortgages Limited’s FCA Register number is 304155. The Financial Ombudsman Service (FOS) is an agency for arbitrating on unresolved complaints between regulated firms and their clients. Full details of the FOS can be found on its website at www.financial-ombudsman.org.uk
Your home may be repossessed if you do not keep up repayments on your mortgage. Pure holiday let, buy to let and commercial mortgages are not regulated by the FCA.