Having the right documents ready during the mortgage application process can help make things run smoothly. Before you apply for a mortgage, see what supporting documentation you might be asked for.
Proof of name and address
The most common types of accepted ID are a full, valid, UK photocard driving licence or your passport. You can also provide an EEA/Swiss National Identity Card.
You may also need to provide one or more forms of proof of your current address, such as a recent utility bill, or your tenancy agreement.
You may need to supply your banking statements so the mortgage lender can check things like:
- your monthly income
- how much you put aside in savings each month
- living expenses
- regular subscriptions
- debt repayments
Evidence of deposit
Your mortgage lender will need to see evidence of any deposit you're planning to make towards the property. If the funds are a gift from a friend or family member, your conveyancer will need to organise a letter that's signed by the donor. This will need to confirm the deposit is a non-refundable and unconditional gift. It will also need to say that no interest is being claimed in the property.
Source of income
If you’re employed, your mortgage lender will typically want to see your payslips for at least the last three months. If you’re paid on a weekly or fortnightly basis, you may need to supply every payslip for those 12 weeks.
If you earn bonuses, commission or overtime, you’ll need to provide a combination of your latest payslips and P60s. The number and combination of these depends on how often you’re paid.
If you’re self-employed, the documents required will depend on your circumstances:
Sole Traders/Partnerships will need to supply the last 2 years’ of tax calculations and the corresponding tax year overviews.
Limited Liability Partnerships (LLPs), with 200 or more partners, will need to supply a letter from the company finance director detailing your earnings over the past 2 years.
Limited Company Directors, with 25% or more shareholding, will need to supply the last 2 years' signed finalised accounts.
Upload your documents online
Some lenders let you upload your documents online, saving you the effort of finding and printing lots of different statements.
If you apply for an HSBC mortgage, we'll send you a link to our secure document uploader so you can provide your documents to us electronically. It saves you time and helps us make a faster decision.
Applying for an interest-only mortgage
For interest-only mortgages, you're responsible for making arrangements to repay the capital by the end of the mortgage term. So, you need to provide evidence that you’ll be able to do so.