1 I/We agree to become bound and abide by the Rules of the Society.
2 I/We declare that I am/we are aged 18 or over and that in applying for this loan on the
property described in this application, I/we declare that all the information provided herein
is, to the best of my/our knowledge, accurate and complete and, that it will form the basis
of any Oer of Advance by the Society and any Insurance made by the Society’s insurer’s.
3 I/we undertake to notify the Society of any changes in my/our circumstances e.g.
redundancy, change of employment, relationship breakdown, serious illness or injury etc.
which arise following the completion of this form.
4 I/We understand that the Society will not make an Oer of Advance and will not return any
fees if the property or references are unsatisfactory. I/We understand that the payment of
fees will not bind the Society to grant any advance.
5 It has been recommended that I /we obtain a fuller inspection and report on the proposed
property and not to rely solely on the Society’s Valuation Report, when deciding whether
or not to proceed. If I/We have chosen the valuer’s report, I/we understand that it is
only for the use of the Society to enable it to decide whether the property is a suitable
security for any advance made and does not imply that the price paid is reasonable. I/
We also understand that the valuer’s report is not a detailed survey and cannot be relied
upon to reveal any faults or defects to the property nor that the property is constructed
of sound materials. I/We understand that no responsibility is accepted by the Society or
its valuer for any omissions, conclusions, or the accuracy or validity of any statements or
opinions made or implied in the valuation report. I/We understand that the valuer’s report
is not a structural survey and that if a structural survey is required it must be obtained
independently at my/our expense.
6 If applicable, I/we may have to show where the money for the deposit on the property I/we
am/are buying came from.
7 I/we understand that the rst named applicant shall be the representative joint borrower
entitled to exercise the rights of membership.
8 From 30 June 2000 all new customers applying for a mortgage [or opening a savings
account] which confers membership of the Society, are required to agree to assign any
windfall conversion benets to which they might become entitled, to The Monmouthshire
Building Society Charitable Foundation. This agreement will continue for a period
of 5 years from the date the new customer becomes a shareholding member. The
Monmouthshire Building Society Charitable Foundation has been established to act
as a channel for the Society’s charitable activities within the local community. Existing
shareholding members as at 30 June 2000 who have continuously maintained a
shareholding are not aected by this change. Full details of this agreement can be found
on the Society website www.monbs.com
9 I/we understand that the Society will keep any commission, fees or allowances which,
become due to it from insurers.
10 Not applicable to further advances - I/we conrm that the deposit towards the purchase
price, stamp duty, legal and other fees and charges will be provided by me/us without
recourse to additional borrowing unless already known to and agreed in writing with the
Use of my information
11 I/we consent to the Society making enquiries with any other person or body which it
considers necessary as part of its assessment and underwriting of this application, and
I give my/our consent and instruct such other person or body to give a full and accurate
reply to the Society.
12 I/we authorise the Society to supply a copy of the Oer of Advance and to provide any
other information about my/our application and any subsequent loan advanced by the
Society to an insurer, where any general, life or pension policy forms part of the loan
agreement or any intermediary who submits this application on my/our behalf if so
requested by them.
13 I/we authorise my/our solicitor to disclose to the Society all information relevant to the
Society’s decision to lend and I/we waive any right to claim Solicitor/Client condentiality
or legal privilege in respect of such information.
14 The personal information we have collected from you will be shared with Fraud
Prevention Agencies who will use it to prevent fraud and money-laundering and to
verify your identity. If fraud is detected, you could be refused certain services, nance or
employment. Further details of how your information will be used by us and these Fraud
Prevention Agencies, and your data protection rights, can be found in our Privacy Notice
available from all branches and on our website at www.monbs.com/privacy
15 If you apply for a mortgage we will supply your personal information to Credit Reference
Agencies and they will provide us with information about your nancial situation and
history. They will keep a record of each search, even if your application is not successful,
and this could aect your ability to get credit from other organisations within a short
period of time. The identities of the Credit Reference Agencies, their role also as Fraud
Prevention Agencies, the data they hold, the ways in which they use and share personal
information, their data retention periods and your data protection rights with them are
explained in our ‘Credit Reference Agency Information Notice’ available from all branches
and on our website at www.monbs.com/privacy
16 In making your application, you acknowledge that you have received and read the
summary of our full Privacy Notice contained in our ‘Important Information About Your
Personal Data’ leaet. Our full Privacy Notices are available from all our oces and on
our website at www.monbs.com/privacy
Marketing Opt Out
The Society would like to provide you with information on our products and services
unless you opt out of receiving this information. Please note the Society will continue to
provide you with regulatory and service communications even if you have opted out.
I do not wish to receive information on products and services by the following channels:
Applicant 1: Mail Telephone Electronic means
Applicant 2: Mail Telephone Electronic means
Section 13 - Declaration -
(PLEASE READ CAREFULLY AND SIGN)
All applicants (including Guarantors*) to sign
Guarantors are strongly advised to obtain legal advice from a solicitor independent of the borrower(s) and the lender.
Applicant 1 Applicant 2 / Guarantor*
Print Name in full
Print Name in full
* By giving the guarantee you might be liable instead of or as well as the applicant(s). The guarantee will be limited and you should take
independent legal advice before you give the guarantee.