How to apply for your mortgage
Get a Mortgage in Principle
A Mortgage in Principle is a document that says you’re eligible for a mortgage, based on our initial checks.
- A Mortgage in Principle is not a binding loan agreement.
It takes less than 30 minutes
Call us on 0800 234 6761
Calls may be monitored and/or recorded for security and training purposes. Calls to 0800 numbers are free from landlines and mobiles.
Information we'll ask you
- Your address history for the last 3 years
- Details of your income
- Details of any outstanding financial commitments you have
Formally apply for your mortgage
Once you have your Mortgage in Principle, you can book an appointment with one of our qualified mortgage advisers to talk through your mortgage needs.
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.