When you first enquire about taking a mortgage with the Barnsley, we will issue you with Keyfacts about our mortgage services which confirms details about the Barnsley and the level of service we will be offering.

We will run through a customer needs questionnaire and provide you with details about Barnsley mortgages in the form of our Guide to Arranging Your Mortgage and Loans Administration Fee Tariff.

Following this initial discussion we would be able to recommend a suitable mortgage type for your circumstances and, after assessing your financial situation, propose a loan amount. To help us to determine your financial status, please bring documents such as:

• Last three payslips
• Personal identification items such as:
  • Current Full UK Driving Licence
  • Benefit Book (or letter no more than 6 months old from Benefits Agency confirming benefits)
  • HMRC Tax Notification (Current Tax Year)
  • Self-Employed In The Construction Industry Tax Exemption Certificate/Card (with photo of holder ) (Last three years accounts may also be required)
  • Residence Permit issued by The Home Office
• Last three bank statements.

These will speed up the process.

The next stage is to obtain a Key Facts Illustration (KFI).

This Key Facts Illustration will provide you with a comprehensive mortgage illustration, which itemises all the costs incurred in taking out a mortgage. It will detail the repayment amounts associated with the product and repayment method.

This document also provides the Annual Percentage Rate (APR) which you should use as a key tool to compare the cost of mortgage products generally in the mortgage marketplace. If you want to purchase a home we can also issue a Mortgage Promise letter that lets others see that you have available funding and are in a position to take your proposed purchase to the next stage.

If you are happy with the information contained in the KFI, the next stage is to make an application. At this stage, the Barnsley will perform a credit reference search, as confirmation of both your disclosed address and past credit history.

Should this need to be verified you may be asked to provide additional information such as utility bills, etc. Your customer consultant will give you the opportunity to discuss:

• Home and contents insurance.

Your application with the Barnsley now exists on our mortgage processing system and can be tracked. So if you wish, we can let you know at what stage your application is throughout the entire process.

We will instruct a valuer to visit the property. The valuer's report will be used to assess whether we are able to provide a mortgage on the property.

Some valuation reports may come free as part of the features and benefits of the mortgage. You should note that this is not a structural report and if you wish to instruct a valuer to carry out an in-depth survey, a charge will then be applicable.

If you don’t already have a nominated legal adviser to handle the legal side of the mortgage or re-mortgage, we can obtain quotations from solicitors with whom we have a long standing relationship and then appoint one on your behalf. (Prior to this stage, should you wish to cancel your arrangements, you may still do so but if the mortgage you have expressed an interest in carries an application/booking fee this may be non refundable and a charge will be incurred.)

The offer and valuation report will be sent to both you and your legal adviser. The offer will usually remain valid for a period of 3 months, if applicable. (If you choose to cancel or switch mortgage product at this stage, a fee will be charged.)

Your solicitor will carry out the necessary legal work required to exchange on the property.

Your solicitor will have satisfied themselves that it is OK to exchange contracts and completion date will be agreed. You are now legally bound to the purchase and cannot cancel the arrangement.

On completion you will receive a welcome letter from us and we’ll ask you for feedback regarding your experience of our mortgage process. We will also tell you the monthly mortgage payment amount that you will need to pay under your mortgage. There will also be an interest payment required for the days from the date of completion to the end of the month.

Your solicitor will co-ordinate payment of the associated costs due, such as deposit, stamp duty, legal fees, etc.

The initial interest payment will be due immediately upon completion. If you are paying by Direct Debit, it will be collected 14 days after completion. If not paying by Direct Debit, you must make arrangements to pay. Your first full mortgage payment will be due the first full month following completion.