the history and conduct of your Account,
disclose information about your joint applicant (note that for the purpose of limited company applications
director/guarantors are considered applicants) and anyone referred to by you; and authorise us to search,
link or record information at Credit Reference Agencies about you and anyone referred to by you.
to any such person or organisation who does, or we believe wishes to, enter into any transfer, with us or
who does or wishes to fund or otherwise be involved in any transfer;
to any purchaser or potential purchaser of our rights under the Loan and/or the Legal Charge or any
person who does or wishes to fund or otherwise be involved in any such purchase; and
to us or any previous transferee. We may provide that information at any time on, prior to or after any
actual or potential transfer under Clause 2.1, of this Clause 2.
You understand that we may provide such information to any such person or organisation including,
but not limited to, credit reference agencies for the purpose of quality analysis.
the results of any statistical, monitoring or quality analysis activity that we may carry out on your Account
from time to time and
any other relevant information,
3. Use of Information
In considering your Landbay Loan Application we will search your personal and where applicable, business record
at one or more Credit Reference Agencies. They will add details of our search to your records and your Landbay
Loan Application will be seen by other organisations that make searches. Information held about you by the Credit
Reference Agencies may already be linked to records relating to one or more of your partners.
By making a joint Landbay Loan Application, you confirm that you are entitled to:
We may use a credit scoring system and we may use automated decisioning when assessing your Landbay Loan
If you are a director, we will seek confirmation from Credit Reference Agencies that the residential address that you
provide corresponds to the address listed on the restricted register of directors' home addresses at Companies
House. Information on the performance of any Landbay loan will be recorded against each director to the loan with
Credit Reference Agencies.
If you are in doubt as to whether any fact is material, you should provide full details separately to Landbay. If you give
incorrect or misleading information, your Landbay Loan Application could be affected.
We will also add to your personal and where applicable, business record with one or more of the Credit Reference
Agencies details of your agreement with us, the payment you make under it, any default or failure to keep to its
terms and any change of address you fail to tell us about where a payment is overdue. These records will be shared
with other organisations and used by us and them to trace debtors, recover debt, and to manage your accounts or
We and other organisations may check your details with Fraud Prevention Agencies and if you give us false or
inaccurate information and fraud is identified, details will be passed to Fraud Prevention Agencies. You may also be
liable to criminal prosecution.
We, the Credit Reference Agencies and the Fraud Prevention Agencies will also use the records for statistical analysis
about credit, insurance and fraud. We may also use information about you to carry out market research.
We may, at our discretion make enquiries regarding immigration status to the Home Office, validation of information
supplied within the application process to HM Revenue & Customs under the HMRC Verification Scheme, any
past/present employer, accountant, lender or bank) in order to assess whether to accept your buy-to-let mortgage
application, and also at periodic stages during the term of your mortgage;