PEOPLE POWERED PROPERTY FINANCE

Step 2 - Submit

We’ll need the following documentation to proceed

• Download and complete application form
• Up-to-date Assets Liabilities Income and Expenditure details for all interested parties (downloadable form here)
• Last three months’ business and personal bank statements for all interested parties
• Up-to-date property portfolio schedules for all interested parties (downloadable form here)
• Last three years of financial accounts (if applicable)
• Confirmation of any outstanding mortgage balances (if applicable)
• Tenancy schedule (if applicable, and downloadable form here)

You can send the documents to us by email.

Step 3 - Decision

Once we have the required information, we’ll be in touch with our decision. We`ll issue a Credit-Backed Facility Letter – it must be accepted within 30 days, and it’s valid for 90 days. Any offer we present will be carefully considered, with conditions that we’re confident we can deliver.

You’ll be guided through Cambridge & Counties Bank’s onboarding requirements, which helps us comply with our account opening obligations.

Step 4 - Instruction

Once we have received the signed Facility Letter and the valuation fee, we`ll instruct the solicitors and valuers, who we`ve worked with for years. After this, you and your client will have your own dedicated point of contact.

Step 5 - Completion

Once we have all outstanding information, including customer onboarding, we will send the funds to the solicitors. Your client will then be introduced to their Relationship team for further support. Your commission will be paid a maximum of 10 days after receipt of invoice and confirmation that the deal is drawn down. We`ll also pay commission for any further introductions.