This is our standard mortgage application upon which we intend to rely. For your
own beneﬁt and protection you should read these terms carefully before signing
them. If at any point this declaration is unclear please ask for further information.
I/We apply for a mortgage loan.
If I am an individual I apply to be a Borrowing Member according to the Rules of the
Society, copies of which are available from the Society’s Principal Ofﬁce or any branch.
If this is a joint application by individuals I/we understand that the First Applicant will
be the person named ﬁrst in the Society’s records in respect of the mortgage and will
be the Representative Joint Borrower according to the Rules (provided that individual is
a Borrowing Member).
I understand that if I am a Body Corporate or apply as a bare trustee for a Body
Corporate, that a Body Corporate cannot be a Borrowing Member of the Society and
that no person will exercise voting rights in respect of the mortgage under the Rules.
I/WE declare that:
1. I/We have been given a copy of the European Standardised Information Sheet. I/
We have read the contents of this document and having had time to consider
this, I/we wish to proceed with the mortgage application.
2. I/We are over 18 years of age.
3. The information given in this application is true to the best of my/our knowledge
and believe that I/we have disclosed any additional information which is material
to my/our application. I/We understand that Dudley Building Society will rely on
the information provided in considering my/our application. If, prior to completion
of the mortgage, there is any change in my/our circumstances which affects (or
may affect) the information supplied, I/we will notify Dudley Building Society in
writing immediately. I/We understand that Dudley Building Society may withdraw
or vary the terms of any mortgage offer at any time prior to completion.
4. I/We understand that if mortgage offer is made, Dudley Building Society will
instruct a Solicitor/Licensed Conveyancer to act on its behalf and that I/we will
be responsible for the Society’s legal costs and disbursements whether or not the
mortgage is completed.
5. I/We authorise Dudley Building Society or its agents to instruct a Valuer to
prepare a mortgage valuation report at my/our cost and I/we understand that the
fee is payable in advance and is not returnable whether or not an offer of a loan
is given. I/We understand that such a report will be obtained by Dudley Building
Society for its own purposes and that Dudley Building Society is not the agent of
the valuer or ﬁrm of valuers. I/We further understand that neither Dudley Building
Society nor the valuer nor the ﬁrm of valuers will warrant, represent or give any
assurance to me/us that the statements, conclusions and opinions expressed or
implied in the report and mortgage valuation are accurate or valid and that the
report will be supplied without any acceptance of responsibility on their part to
me/us. I/We accept that I/we will be given a copy of this report. For re-mortgages
of up to 60% loan to value the Society may use a limited external inspection or
computer based data to value the property. In such cases I/we will not receive a
copy of the report.
6. I/We have received and read the following information:
a) Guide to Valuation Fees;
b) List of Charges.
7. I/We conﬁrm that my/our income is as stated in the application and is sufﬁcient
to support all of the relevant payments required to sustain the mortgage.
I/We understand that a false or misleading declaration may forfeit any mortgage
offer or subsequent contract and that a failure to maintain the payments due
may result in repossession and subsequent sale of the property by Dudley
8. I/We authorise the Society or its agents to make any enquiries of such persons
it considers necessary in relation to this application, to conﬁrm the truth and
accuracy of the information. Any costs incurred in doing so will be my/our
responsibility. I/We authorise Dudley Building Society to disclose any information
provided by me/us on this application to a collective mortgage or other credit
data checking system so that it can be made available to other ﬁnancial
institutions where this is done in the interest of fraud prevention.
9. I/We authorise Dudley Building Society or its agents to disclose details in this
application to one or more credit reference agencies and to use appropriate
statistical techniques (credit scoring) as part of the decision making process
when assessing my/our application for credit. [Whether or not the mortgage
is granted a record of the search will be recorded against my/our ﬁle by the
agencies concerned. This information may be searched by credit grantors and
used in assessing applications for future banking, loan or hire facilities and for
debt collection purposes as to how the I/we have performed in meeting my/
our obligations under the mortgage. If the mortgage is granted, it may pass
information relating to the conduct of the account in accordance with the data
protection registration held by Dudley Building Society. (The names of such credit
reference agencies can be supplied by Dudley Building Society)].
10. In the event of this application or any mortgage offer which may be made not
proceeding, I/we will not be entitled to a refund of fees or related costs.
11. No structural alterations shall be made without the prior written consent of
12. Interest on my mortgage will be calculated from the date of advance on a
13. I/We agree to be bound by the Rules of the Society and the terms of the
14. I/We understand that Dudley Building Society may withdraw or vary the terms of
any conditional mortgage offer at any time prior to completion.
15. I/We understand that Dudley Building Society may withdraw any binding
mortgage offer if a material change develops in which the condition, value or title
of the property is affected or my/our ability to afford the loan is affected.
16. I/We being the named applicant(s) agree to my/our customer record(s) being
amended to reﬂect my/our new address on completion of this mortgage, and I/
we acknowledge that other family records will not be automatically updated
unless I/we conﬁrm this in writing.
17. I/we understand that, where it is necessary, my/our data may be shared with, or
access provided to, third parties involved in dealing with my/our application. Such
third parties may include (but is not limited to) third party processors and/or
The Lender is Dudley Building Society.
By signing this application you are:
a) Conﬁrming that you have read and understood the sections entitled ‘Your
personal information and what we do with it’’ and the Society’s Privacy Notice
b) Giving your consent to the uses and disclosures of information listed.
c) Making the declaration and giving the authorities set out in the ‘mortgage
application declaration’ above.
d) Authorise Dudley Building Society to obtain any information they may require.
e) Conﬁrming my/our preferences in regard to marketing from
Dudley Building Society.
Signed (First Applicant) Signed (Second Applicant)
Version 3. June 2019