Guide 04
Pre-Application
Checklist
Being prepared doesn't just speed things up — it gets you better terms. Here's everything you need before we approach a lender.
What you need ready
You don't need all of this on day one — but the more you can provide upfront, the faster and smoother the process will be.
A The Deal
Property address and description
What is it, where is it, what condition is it in?
Purchase price or current value
If purchasing, the agreed price. If refinancing, the current market value (your estimate is fine to start).
Loan amount required
How much do you need the lender to provide?
Purpose of the loan
Purchase, refinance, capital raising, refurbishment funding — what's the money for?
Term required
How long do you need the loan for? Remember: build in a buffer.
Any time pressure?
Auction deadline, exchange date, or other time-critical factors.
B Exit Strategy
How will you repay the loan?
Sale, refinance, or other source of funds. Be specific.
Evidence supporting the exit
If selling: comparable sales, estate agent appraisal. If refinancing: a DIP (Decision in Principle) from a mortgage lender. If other: evidence of the funds.
Realistic timeline for the exit
When will the property be sold/refinanced? Does this fit within the loan term?
C About You
ID and proof of address
Passport or driving licence. Recent utility bill or bank statement.
Source of deposit/equity
Where is the money coming from? Savings, sale of another asset, gift? Lenders need to verify this for anti-money laundering.
Any credit issues?
CCJs, defaults, missed payments, IVAs, bankruptcy — be upfront. Many lenders can work with imperfect credit, but surprises during the process cause delays and declines.
Borrowing entity
Are you borrowing personally, through an SPV (Special Purpose Vehicle), or through an existing company? If company, have the company details ready.
D Property & Security
Title details
Freehold or leasehold? If leasehold, how many years remaining?
Current use and proposed use
Residential, commercial, mixed-use, land? Are you changing the use?
Any existing charges?
Is there already a mortgage or loan secured against the property?
Photos
External and internal photos of the property. Even phone photos are fine at this stage — they help us present the deal to lenders quickly.
Don't have everything yet?
That's fine. We don't need a complete file to have an initial conversation and assess your deal. Start with the basics — the property, the amount, and the exit — and we'll tell you what else we need as the deal progresses. The checklist above is the ideal; reality is often messier, and we're used to that.
Ready to Discuss Your Project?
Get in touch and we'll provide the right solution for your deal. If we can respond immediately we will, otherwise within 2 hours during business hours.