Easy steps to taking a Northern Bank Mortgage
Step 1 - Talk to one of our Mortgage Advisers
Our Mortgage Advisers can give you advice on the best Northern Bank mortgage and associated insurance products to suit your needs. They will also provide you with a Key Facts Illustration (KFI) which will give you all the information you need, about the costs of your mortgage and any special terms.
Step 2 – Apply
Apply for your Northern Bank mortgage and any associated optional insurance products you require.
Step 3 – Approval
Your mortgage application will be assessed and if approved an offer will be made. To help speed up the process, it is important that we receive the correct documentation from you.
Details of the documents you will need to provide are set out in the table. For details of other suitable documents please ask us.
All we require from you is proof of your identity and current permanent address.
Examples of proof of identity (in original form) include:
- Valid Passport
- Valid UK/ROI Driving Licence
- EEA Member State Identity Card
- Current Electoral Identity Card for Northern Ireland
- Blue Parking Card for people with disabilities
- Translink Senior Smart Pass
- DRD Half Fare Smart Pass
Examples of proof of address (in original form) include:
- Recent Utility Bill (e.g. water, gas, electricity, telephone)
- Recent Land and Property Services Bill/Notice
- Valid UK Driving Licence
- EEA Member State Identity Card
- Recent Evidence of Entitlement to Benefit (e.g. Social Security Agency, Child Tax Credit, Housing Executive benefits)
- Recent Evidence of Entitlement to State Pension
- Recent Bank Statement (e.g. Bank, Building Society, Credit Union statement)
- Current Household/Mortor Insurance Certificate
- Recent Inland Revenue Tax Notification
- Vehicle Registration Document
- Current TV Licence
Other documents needed are:
|
Proof of Income
Employment
Self Employed |
3 months payslips and most recent P60
Last 3 years certified/ audited accounts |
| Bank Details |
Most recent 3 months Bank statements from main transactional account (if transferring from another bank) |
| Insurance & Protection details |
Current household insurance documents, Protection Policies (i.e. Life Insurance) |
Step 4 – Mortgage Offer
You will receive your Mortgage Offer which gives full details of the offer of the loan and any terms / special conditions that apply. We will also advise you if we require a Professional Valuation of the property.
Step 5 – Funds Released
Once you have signed the Mortgage Offer we will send a copy to your solicitor who will advise you on the legal aspects of your mortgage. Your solicitor will advise us of the date that the funds are required and we will send the funds to him/her.