Saffron Building Society Mortgage Application Form
To be signed by all applicants
By applying for a mortgage I conﬁrm that I understand and afﬁrm the following statements:
1. Applications and Representations
The Society reserves the right to reject my application, or withdraw any offer of
mortgage, without giving any reason. No person (other than an employee of the
Society) is empowered to make any representations or give any undertaking, on behalf
of the Society in relation to the mortgage applied for, and the Society shall not be
liable for any such representations or undertakings.
The Society will provide me – for information only – with a copy of the Mortgage
Valuation Report. The Society and the Valuer accept no responsibility to me for the
accuracy of the Mortgage Valuation Report. If advice about the structural condition of
the property is required an appropriate report must be obtained separately by me.
I agree that if a third-party intermediary submitted this application on my behalf the
Society may liaise with this third-party about any matters connected with my mortgage
application and my mortgage, including any complaint about my mortgage application
or mortgage, unless otherwise instructed by me.
The Society may, without notice or consideration, transfer or assign, either in whole
or in part, any loan, mortgage or policies of life assurance or other security made in
connection with this mortgage application to any company, person, or body. Any such
transfer will not affect my guarantees.
That, if this application is for a Regulated Mortgage Contract, I have seen, read and
understood a copy of the Key Facts Illustration (KFI) applicable to this mortgage
I agree that where it is indicated in the KFI or Mortgage Offer that a fee is not
refundable, I am aware of this.
7. Credit Reference Agencies
Credit reference agencies collate information about how individuals manage the
money they borrow from lenders, whether it be a mortgage, personal loan, credit card,
overdraft or any other type of loan.
When making decisions the Society may carry out searches of my personal information
with one or more licensed credit reference agencies that will retain a record of the
search that may be seen by other organisations making searches of the information
held with these agencies. The Society may also make further searches during the term
of the agreement to assist in managing my mortgage account.
Information held about me and the account by credit reference agencies may already
be linked or “associated” to records relating to me, a partner, or anyone else whom I
may be ﬁnancially “associated” with. My ability to obtain credit may be inﬂuenced by
the records held by credit reference agencies about me, or any person associated to me
in this way.
8. Fraud Prevention Agencies
The Society may also search and record my details with fraud prevention agencies. If
false or inaccurate information is provided by me and fraud is identiﬁed, details will
be passed to fraud prevention agencies and may be shared with other organisations
making searches of the information held with these agencies. Law enforcement
agencies may access and use this information.
The Society, credit reference agencies, and fraud prevention agencies may use the
records for statistical analysis about credit applications and about insurance and fraud.
9. Credit Scoring
The Society may use a credit scoring or other automated decision-making system when
assessing my application.
10. Credit Products
The Society and other organisations may also use this information to prevent fraud and
money laundering for example, but not limited to, by:
i. checking details on applications for credit and credit-related or other facilities
ii. managing credit and credit-related accounts or facilities
iii. recovering debt
iv. checking details on proposals and claims for all types of insurance
v. checking details of job applicants and employees
vi. checking existing open accounts of other lenders to prevent and/or
If I do not provide relevant information the Society may not be able to offer me the
service I require. Information from this application and subsequent management of
the amount will be maintained on both the Society’s accounting system and central
The Society may request additional information or conﬁrmation of information
provided in my application.
The Society may apply to employers or other relevant third-parties for references in
respect of this application. In considering the application the Society will search my
records, including previous and subsequent names of parties to an account, at credit
reference agencies who will add details of the search and this application to my record.
The Society may undertake a search with a credit reference agency for the purposes of
verifying my identity. To do so, the agency may check the details I supply against my
particulars on any database (public or other) to which they have access. A record of the
search will be retained.
( Please write to The Financial Crime Team, Saffron Building Society, Saffron House, 1A Market
Street, Saffron Walden, Essex CB10 1HX if you want to receive details of the relevant fraud
prevention agencies. The Society and other organisations may access and use from other
countries the information recorded by fraud prevention agencies. )
11. Guarantor mortgages only
If this application relates to a guarantor mortgage then the person acting as my
guarantor (which term also includes any person providing a cash deposit secured
by a Deposit Agreement (Third Party)) will be required to obtain independent legal
advice from their solicitor before entering into any guarantee or other documents.
The guarantor will be provided with a copy of the Mortgage Offer and Mortgage
Conditions. In addition, the guarantor will receive copy communications relating to the
mortgage account and its conduct. In signing this application I agree that information
may be disclosed to the guarantor in this way.
12. What the Society will use my information for
I understand that it is important to the Society that personal information about me
and my account is treated as private and conﬁdential. The Society will hold and deal
with my personal data in accordance with the Data Protection Act 1998 or successor
The Society may use the information given in this application for credit assessment,
including credit scoring, making such enquiries and taking such references relating to
me as considered necessary for the purposes of assessing my mortgage application.
The Society may share information about the property or its value with third parties for
the purpose of providing information to help in valuing properties.
The only times The Society will disclose information about me are set out below:
i. Where I have consented (and I note that in this form I give consent to disclosure for
ii. If it is in the public interest to do so, or the Society is required to do so by law or
iii. To the Society’s agents and others (including professional advisers) who work on its
iv. To obtain quotes from providers of insurance on an on-going basis
v. Where I have consented below, for marketing purposes
I agree, that the Society may use and share my information:
i. To administer the account
ii. To prevent fraudulent activity
iii. For debt recovery
iv. For customer surveys
v. For management and regulatory reporting
vi. To help build a picture of me for credit/insurance assessment and marketing
If the Society transfers my information to a service provider or agent in another country
it ensures that person agrees to apply the same level of protection as the Society is
required to apply to information held in the UK, and use the information only for the
purpose of providing a service to me.
Both incoming and outgoing telephone calls may be recorded and monitored for
training and quality control to monitor compliance with any regulatory requirements
and to establish facts.
A copy of any personal data held by the Society can be made available to me on
payment of a fee. I have a legal right to see these details. If any data is shown to be
inaccurate it will be corrected without delay.
( For more details, please write to Data Controller, Saffron Building Society, Saffron House, 1A
Market Street, Saffron Walden, Essex CB10 1HX ).
If I choose, the Society may also use and share information including contact details,
information contained in this application and of any services it provides with other
members of its group of companies or with carefully selected partners so that I may
be kept informed of news and marketing initiatives including mortgages, savings and
investments, life products, loans, and credit cards, general insurance and ﬁnancial
planning services, and of competitions or offers that may be of interest to me. The
Society will use various marketing methods in this respect.
I indicate that I DO NOT wish to receive such information by ticking the appropriate
email by post by telephone
I note that I may withdraw my consent at any time by writing to Mortgage Services,
Saffron Building Society, Saffron House, 1A Market Street, Saffron Walden, Essex CB10
Another person’s records will be “associated” with mine by the Society when:
i. There is a joint application
ii. I advise The Society of a ﬁnancial association with another person
iii. If the credit reference agencies have existing linked or associated records
This “association” will link records at the credit reference agencies and may be taken
into account in any future credit applications by the relevant individuals. This shall
continue until one person applies to the credit reference agencies and is successful in
ﬁling a “disassociation”.
Therefore I MUST ensure when making a joint application or advising the Society of
some other ﬁnancial association that I am entitled to:
i. Disclose information about joint applicants and anyone referred to by me
ii. Authorise the Society to search, link or record information at credit reference
agencies about me and anyone referred to by me.
On a monthly basis the Society may give credit reference agencies details about
payments I make and the status of my account to help the Society and other lenders
make credit decisions about me (and the people associated with me) in the future.
If I exceed agreed limits and the amount owed is not in dispute and I fail to make
satisfactory repayment proposals following formal demand, the Society may register
this with credit reference agencies.
Section 20 – Application