How to apply for your mortgage
Get a Mortgage in Principle
This is a document that states whether or not you’re eligible for a mortgage. It also states how much we could lend you.
Information we’ll ask you for
- Your address for the last 3 years
- Details of your income
- Details of any outstanding financial commitments you have
Check your eligibility
Get a mortgage in principle to see if you're eligibile for a mortgage with us and to check how much you could borrow.
- There's no impact on your credit score.
- A mortgage in principle is not a commitment to lend. For that you'll need to go through a full application process.
When you apply for a mortgage, we’ll need certain things from you to confirm your identity, circumstances, and the requirements for your mortgage. These include:
A background check
First of all, we’ll check your identity using credit reference agencies. However, if we can’t find any of your active credit records or any evidence of you on the voters’ roll, we’ll ask you for more evidence. This could include passports, driving licences, birth certificates or your National Insurance number.
We’ll also need proof of your current address, like a utility or council tax bill, plus details of any other addresses you’ve lived at over the past 3 years.
Our records will also need your employer’s details, and their contact number (or if you’re self-employed, your own details).
Proof of income includes things like payslips, documentation of your outgoings, and details of all your financial assets. If you’re self-employed you’ll need at least two years’ certified accounts or a pension.
This will include all the details of your purchase, including information about the property and your mortgage requirements.
In this appointment we’ll take you through an in-depth assessment of your income and expenditure, your circumstances and future plans.
We'll then produce a recommendation of the most suitable mortgage product, term and repayment type. At the end of this appointment, we'll confirm the details of this recommendation in a Key Facts Illustration document which we can post or email to you.
Your home may be repossessed if you do not keep up with repayments on your mortgage
See if our FAQs can give you the answer.
The Co-operative Bank reserves the right to change or withdraw any of its mortgage deals at any time. All loans are subject to status and valuation.