Broker support

Place business

• Your Product choice – To take out a mortgage for an unencumbered property select Remortgage- to raise capital. For an ISA you'll need your client's National Insurance Number
• Our Product Confirmation – Remember to take a note of your client's customer identification number. You'll need it to resume the application
• Employment Status – After completing this screen you can save and log out
• Income details – If your client has several rental properties, the rental income of up to three properties can be classed as income. The income must cover the amount of the mortgage payment and the monthly mortgage payment must be included as a commitment. No surplus rental income will be considered. If your client has four or more mortgage properties the case must be placed by phone.
• Commitments –
    - Include all CCs/loans/credit/HP etc even if repaying on completion
    - Include the balance of all credit cards even if repaid in full each month
    - Include the monthly payment for every loan and specify if being repaid or not
    - For house purchase or remortgage, include existing mortgage and specify if     being repaid or not
    - If your client is renting prior to purchasing, include the rent as a commitment     but remember to indicate that it will be repaid

 An Intelligent Finance mortgage client can take out another Intelligent Finance mortgage as long as the sale of their first property completes within three months. In this instance don't include the first mortgage repayment as a commitment.
• Mortgage Preferences – If the repayment method is interest-only and the repayment vehicle is other, you must key one of the following: cash savings, investment bond, sale of business, sale of BTL property, sale of residential property, sale of other assets, sale of mortgaged property, inheritance, use of bonus (this shouldn't be used if already accounted for in establishing affordability)
• Application review – This is your opportunity to go back and make sure all the information is correct. Any changes made beyond this point will require a re-offer. Remember to always use the progress bar at the side to move from page to page and not the back button.
• Conveyancers details – Make sure you have your client's conveyancer's details as you can't progress online without them.
• Next Steps – we've introduced a summary so you know at the end of the application what verification documents are required. If no verification documents are required this means your client qualifies for fast track income verification. Once you've packaged the case and returned your client's welcome pack please allow 48 hours for us to receive and process it. Remember you can check the status of your client's case using our online case tracking tool.