Application Form - Bridging - Acre Lane Capital

Introducer Details

Name

Phone Number

Company Name

Email Address

Company Registered Address

Company FCA Number

Corporate Details

Loan Type Limited CompanyLimited Liability Partnership

Registered Name

Registration Number

Registered Address

Names of All Directors

Names of All Shareholders (inc. % shares held)

Guarantor 1

Title

Full Name

Date of Birth

Nationality

Country of Residence

How long have you lived in the UK?

NI Number

Home Phone Number

Mobile Phone Number

Email Address

Home Address

Home Status HomeownerRentingLiving with relatives

If a homeowner, current amount of mortgage?

Previous Addresses (if less than 3 years)

Guarantor 2

Title

Full Name

Date of Birth

Nationality

Country of Residence

How long have you lived in the UK?

NI Number

Home Phone Number

Mobile Phone Number

Email Address

Home Address

Home Status HomeownerRentingLiving with relatives

If a homeowner, current amount of mortgage?

Previous Addresses (if less than 3 years)

Solicitor Details

Solicitor Company Name

Telephone Number

Solicitor Name

Email Address

Address

Postcode

Guarantor 1 Assets and Liabilities

Guarantor 1 Home Residence Value

Guarantor 1 Cash Resources (Bank/Savings, etc.)

Guarantor 1 Stocks and Shares

Guarantor 1 Other Investments

Guarantor 1 Other Assets

Guarantor 1 Total Assets

Guarantor 1 Home Mortgage Balance

Guarantor 1 Other Properties’ Mortgage Balances

Guarantor 1 Credit/Charge/Store Cards

Guarantor 1 Guarantees

Guarantor 1 Other Liabilities

Guarantor 1 Total Liabilities

Guarantor 1 Total Net Worth (Assets – Liabilities)

Guarantor 2 Assets and Liabilities

Guarantor 2 Home Residence Value

Guarantor 2 Cash Resources (Bank/Savings, etc.)

Guarantor 2 Stocks and Shares

Guarantor 2 Other Investments

Guarantor 2 Other Assets

Guarantor 2 Total Assets

Guarantor 2 Home Mortgage Balance

Guarantor 2 Other Properties’ Mortgage Balances

Guarantor 2 Credit/Charge/Store Cards

Guarantor 2 Guarantees

Guarantor 2 Other Liabilities

Guarantor 2 Total Liabilities

Guarantor 2 Total Net Worth (Assets – Liabilities)

Credit History Guarantor 1

Have you ever failed to keep up repayments on a mortgage or other loan either personally or for a company you were/are a Director? YesNo

Have you ever been bankrupt or entered an Individual Voluntary Arrangement (IVA)? YesNo

If yes, provide date of discharge.

Have you ever been party to a mortgage where a property was repossessed? YesNo

Have you ever been refused a mortgage? YesNo

Have you ever had County Court Judgements or Defaults? YesNo

If yes, please provide details.

Credit History Guarantor 2

Have you ever failed to keep up repayments on a mortgage or other loan either personally or for a company you were/are a Director? YesNo

Have you ever been bankrupt or entered an Individual Voluntary Arrangement (IVA)? YesNo

If yes, provide date of discharge.

Have you ever been party to a mortgage where a property was repossessed? YesNo

Have you ever been refused a mortgage? YesNo

Have you ever had County Court Judgements or Defaults? YesNo

If yes, please provide details.

Guarantor 1 Personal Bank Account Details

Guarantor 1 Bank Name

Guarantor 1 Account Name

Guarantor 1 Account Number

Guarantor 1 Sort Code

Guarantor 1 Length of Time with Bank (years)

Guarantor 2 Personal Bank Account Details

Guarantor 2 Bank Name

Guarantor 2 Account Name

Guarantor 2 Account Number

Guarantor 2 Sort Code

Guarantor 2 Length of Time with Bank (years)

Borrower Corporate Bank Account Details

Borrower Bank Name

Borrower Account Name

Borrower Account Number

Borrower Sort Code

Length of Time with Bank (years)

Loan Requirements

Required Net Amount

Required Term

Purpose of Loan

Proposed Exit Strategy

Date finance required by

Please provide any additional information to support your application

Property Information

Full Postal Address of Property

Land Registry Title Number (if known)

Property Description

Property Type ResidentialCommercialMixed UseLand

Is the property intended to be occupied on the basis of rental agreement? YesNo

If yes, please provide details.

Is it (or is it intended to be) occupied by you or a ‘Related Party’? YesNo

If yes, please provide details.

If previously purchased, please provide purchase date and purchase price.

Have you or a Related Party lived there at any point since purchase? YesNo

If yes, please provide details.

Is there outstanding finance on the property? YesNo

If yes, please provide further details below.

Existing Lender

Amount Outstanding

Are the payments up to date? YesNo

If no, please provide number of and monetary amount of arrears.

Development Exit Information

Planning Permission Reference

Have all planning conditions been discharged? YesNo

Provide details if necessary.

Expected Date of Final Building Control Sign-Off

New Homes Warranty Provider

Former Property Type ResidentialCommercialMixed UseLand

Construction Type ConversionExtensionRefurbishmentGround Up

Proposed Property Type ResidentialMixed UseHMO

Anticipated GDV/sales value

Where there is an anticipated GDV/sales value, could you please provide the reasoning for this value. Include comparables please.

Exit Strategy

Exit Strategy N.B. if selecting refinance, we may require the borrower/applicant to provide evidence Sale of this propertySale of another propertyRefinance

Target market Owner occupiersInvestorsYoung professionalsDown sizersOther

Estate/Sales Agent Details

Details of the marketing strategy

Are pre-sales being considered? YesNo

Are discounts/incentives on offer? YesNo

If yes, please detail

Length of the marketing phase (months)

Length of the sales phase (months)

For Development Exit Applications Only: Development Experience (Brief Summary)

Previous Project Schedule

Please capture details of a minimum of 2 previous projects undertaken by the borrower/applicants. Where possible, please provide before and after photos.

Property Assets

Please capture details of all property assets held by the borrower/applicants.

Declarations and Consent

I/We confirm and declare that the information contained and supplied by me/us is true, accurate and complete to the best of my/ our knowledge and belief.

I/We authorise you to make such enquiries and obtain such confirmations and references as you may deem appropriate from any person or company, including credit reference agencies, credit bureaux, mortgage companies now or at any time in the future with reference to my / our mortgage / loan application.

I/We agree to the use of my information as detailed in the terms and conditions.

Applicant 1

Full Name

Date

Applicant 2

Full Name

Date

Bridging Application Form

Introducer Details

Corporate Details

Guarantor 1

Guarantor 2

Solicitor Details

Guarantor 1 Assets and Liabilities

Guarantor 2 Assets and Liabilities

Credit History Guarantor 1

Credit History Guarantor 2

Guarantor 1 Personal Bank Account Details

Guarantor 2 Personal Bank Account Details

Borrower Corporate Bank Account Details

Loan Requirements

Property Information

Development Exit Information

Exit Strategy

Previous Project Schedule

Property Assets

Declarations and Consent

Applicant 1

Applicant 2