N. APPLICATION FORM SIGNATURE
Most delay occurs to inadequate or incorrect information. Please help us to avoid this by
fully completing the form. If you need any help to do this, please call us on 020 8349 5190.
O. IMPORTANT INFORMATION / DECLARATION & SIGNATURE
Applicant 1
Date
Applicant 2
Date
Date Date
Applicant 1 / Guarantor 1
Applicant 2 / Guarantor 2
9
Please note that it is a criminal offence to knowingly or recklessly give false, inaccurate or misleading information when applying for a loan. If you provide such
information, you may be reported to the police and prosecuted.
As a responsible lender, Alternative Bridging Corporation Limited (“ABC” hereafter) will carefully assess the information you have provided in the Application Form in
order to decide whether or not to make you an offer of a Loan. Even if we do issue an Offer Letter to you, we have the right at any time before any loan completes to
withdraw, revise or cancel our offer without providing a reason.
It is important you ensure that all statements you make in this Application Form and other documents in connection with this application are full and accurate and are
correct and that you have read and understood the content of this declaration.
All security property(ies) must be adequately insured, unless indicated to the contrary.
To ABC, its successors and assigns (ABC)
Credit Reference Agencies & Credit Searches
(1) I/We understand and confirm that ABC may make a search or register information about me/us and the conduct of my/our account with a licenced credit reference
agency in order to assist ABC in making credit decisions and occasionally for fraud prevention or for tracing debtors.
Processing of Application
(2) I/We authorise ABC to
(a) make searches of the records at fraud prevention agencies who may provide ABC with information in order to prevent or detect fraud, the information provided
in this application can be shared with fraud prevention agency/ies to prevent fraud and money laundering and to verify my/our identity; this will include a search
for similar applications with other members and if fraud is suspected details will be shared with them which may be used in their decision making and could result
in certain services, finance or employment being refused,
(b) make such enquiries of any person or organisation (including my/our existing or previous mortgage lenders), as ABC considers necessary in connection
with this application; and,
(c) pass information to financial and other organisations involved in fraud prevention to protect ABC from fraud and theft.
(d) Give out information about me/us if you have a duty to do so or if the law allows you to do so.
(3) I/We understand that if I/we give ABC false or inaccurate information and ABC suspect fraud, then ABC will record this; and,
(4) I/We authorise our solicitor or licensed conveyancer acting on my/our behalf to disclose to ABC or its solicitor and confirm that ABC is authorised to disclose
to my/our solicitor or licensed conveyancer, any information relating to this application; and,
(5) I/We confirm that I/we give up any right to claim solicitor/client confidentiality or legal privilege in respect of such information; and,
(6) I/We acknowledge and understand that ABC takes its lending both responsibly and seriously and that as part of its Treating Customers Fairly policy, ABC prefers
to be proactive and assist customers who need to repay their ABC Loan(s); and,
(7) I/We appreciate that ABC needs to ensure that the mortgaged property(ies) that I/we have provided as security for my/our Loan must continue at all times
to be insured and/or,
(8) I/We acknowledge and understand that ABC needs to be able to contact some or all of the following in connection with any Loan that I/we may have with
ABC namely: my/our solicitor, (where appropriate) the intermediary who introduced me/our loan with ABC and the insurance company(ies) that has/have insured
the property(ies) that I/we have provided to ABC as security for my/our Loan.
If we transfer your information to a service provider or agent in another country, we will make sure that the service provider or agent agrees to apply the same levels
of protection as we are required to apply to information held in the UK and to use your information only for the purpose of providing the service to us.
Accordingly, I/we irrevocably confirm that until our Loan has been repaid in full, ABC, its successors and assigns may contact and disclose to any of the above
mentioned person(s) or organisation(s) and they may disclose to ABC such information as ABC may consider reasonably necessary and request from such person(s) or
organisations in dealing with the repayment or refinance of my/our ABC Loan(s) and/or in connection with the insurance of the property(ies) which comprises ABC’s
security.
By signing this Application Form - either electronically or physically signing it - I/we confirm that the information provided is true, accurate and correct and I/we
declare that the information relating to my/our income and outgoings is true and accurate and that I/We am/are financially able to meet all my/our financial
commitments including any interest payments I/we will be required to make on my/our Loan.
Under the Data Protection Act 1998, you are entitled to know what information is held about you on our computers and on certain other records and to ask for
any inaccurate details to be amended. You may also ask which fraud prevention agencies we use and how they use your information. If you have any questions
about the Data Protection Act, or your rights under it, please write to the Data Protection Officer at ABC at ABC Limited, 2 Imperial Place, Maxwell Road,
Borehamwood, WD6 1JN.
WARNING: YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP PAYMENTS ON YOUR MORTGAGE. ONLY SIGN THIS FORM
ONCE YOU HAVE CHECKED THAT ALL INFORMATION IS ACCURATE, ESPECIALLY IF COMPLETED BY SOMEONE ELSE ON YOUR BEHALF
