LGFA fact find

Step 1 of 5

About you

* Required

Your LGFA reference number *this field is required

You can find this on your email from us.

Your surname *this field is required

What would you like to release the money for? *this field is required

What is the amount your looking to release? *this field is required

Immediate uses for the money?

For something you want to use the money for now to 18 months like a new kitchen or car.

Future uses for the money?

Something in 18 months time and beyond, like a wedding

Your income

* Required

Why we need your income & expenditure details

To make sure that a lifetime mortgage is the right choice for you, we need to fully understand your financial situation. This involves looking at both your income and regular outgoings.

How this helps you,

By gathering this information, we can:

Assess your needs accurately – knowing your income and expenses helps us to recommend a product that fits your budget and lifestyle. It ensures that the recommendation we make is both suitable and sustainable for your financial needs both now and in the future.
Protects your financial wellbeing- We want to ensure that taking out a lifetime mortgage won’t cause you any financial difficulties later on. Understanding your financial commitments allows us to determine if this option is truly in your best interest.
Provide Tailored Advice – Every person’s financial situation is different. Your income and expenses allows us to customise our advice, ensuring that any recommendation we make is based on your specific circumstances

Your financial information stays secure

Please know your financial details will be treated with the utmost confidentiality. They will only be used to evaluate whether a lifetime mortgage is the right option for you, and to help us make the best possible recommendation based on your unique situation.

Is for a single or joint application later life mortgage? *this field is required

Single application

Joint application

What is your current employment status? *this field is required

Employed

Self-employed

Retired

What is your current income?

When is your planned retirement date? *this field is required

What is the 2nd life's current employment status? *this field is required

Employed

Self-employed

Retired

What is the 2nd life's current income? *this field is required

When is the 2nd applicant's planned retirement date? *this field is required

Do you have any other income? *this field is required

Like rental income

Yes

What is the total amount of other income? *this field is required

Does the 2nd applicant have any other income? *this field is required

Like rental income

Yes

What is 2nd applicant's total amount of other income? *this field is required

Do you hold any savings or investments?*this field is required Savings Investments None

How much in total do you have in savings and investments? *this field is required

Does the 2nd applicant hold any savings or investments?*this field is required Savings Investments None

How much savings and investments does the 2nd applicant have in total? *this field is required

Are you willing to make monthly repayments for a period of time? *this field is required

Yes

How much are you willing to pay each month? *this field is required

How long can you make monthly repayments for? *this field is required

When would you want to stop making monthly repayments? *this field is required

For example when you turn 75.

Your expenditure

* Required

You can skip any that aren't relevant for you.

Council tax monthly amount *this field is required

Please enter 0 if you don't pay council tax.

Gas and electric monthly amount *this field is required

Water monthly amount *this field is required

TV Licence monthly amount *this field is required

If you don't pay for a tv license please enter 0.

Hire purchases monthly amount

For example, car finance.

2nd applicant's Hire purchases monthly amount

For example, car finance.

Household expenditure

For example food, toiletries, clothing, window cleaners monthly amount

2nd applicant's Household expenditure

For example food, toiletries, clothing, window cleaners monthly amount.

Phone and internet monthly amount

2nd applicant's Phone and internet monthly amount

Transport costs

For example fuel, MOT & service, insurance, tax, train fare.

2nd applicant's Transport costs

For example fuel, MOT & service, insurance, tax, train fare.

Home insurance monthly amount

If you can pay this annually, you can divide this by 12 to give a monthly amount.

Life insurance or critical Illness cover monthly amount

If you pay this annually, you can divide this by 12 to give a monthly amount.

2nd applicant's Life insurance or critical Illness cover monthly amount

If they pay this annually, they can divide this by 12 to give a monthly amount.

TV and digital streaming total monthly amount

For example, Sky or Netflix.

Charity donations monthly amount

2nd life applicant's Charity donations monthly amount

Other monthly amounts

2nd applicant's Other monthly amounts

Your debts and expenditure

* Required

Your debts

Do you have a mortgage? *this field is required

Yes

What is the total amount left to pay on your mortgage(s) *this field is required

What is your total monthly repayment amount? *this field is required

What is the interest rate(s)? *this field is required

If you have more than one mortgage, please enter all of your interest rates.

Do you have any secured loans? *this field is required

A secured loan are loans secured on your property.

Yes

What is the total amount to pay on your secured loan(s)? *this field is required

What is your total monthly repayment amount? *this field is required

What is the interest rates(s)? *this field is required

If you have more than one secured loan, please enter all of the interest rates.

Does the 2nd applicant have any secured loans? *this field is required

Yes

What is the 2nd applicant's total amount to pay on their secured loan(s)? *this field is required

What is the 2nd applicant's total monthly repayment amount? *this field is required

What is the 2nd applicant's interest rates(s)? *this field is required

If they have more than one secured loan, please enter all of the interest rates.

Do you have any CCJs? *this field is required

Yes

What is the total you have to pay on CCJs? *this field is required

What is your monthly/weekly repayment amount? *this field is required

What is the interest rate? *this field is required

Does the 2nd applicant have any CCJs? *this field is required

Yes

What is the 2nd applicant's total they have to pay on CCJs? *this field is required

What is the 2nd applicant's monthly/weekly repayment amount? *this field is required

What is the 2nd applicant's interest rate? *this field is required

Do you have any unsecured loans? *this field is required

An unsecured loan or personal loan allows you to borrow a fixed amount, without needing an asset, such as your home.

Yes

What is the total amount on your unsecured loan(s)? *this field is required

What is your monthly repayment amount? *this field is required

What is the interest rate(s)? *this field is required

If you have more than one unsecured loan, please enter all of the interest rates.

Does the 2nd applicant have any unsecured loans? *this field is required

An unsecured loan or personal loan allows you to borrow a fixed amount, without needing an asset, such as your home.

Yes

What is the 2nd applicant's total amount on their unsecured loan(s)? *this field is required

What is the 2nd applicant's monthly repayment amount? *this field is required

What is the 2nd applicant's interest rate(s)? *this field is required

If they have more than one unsecured loan, please enter all of the interest rates.

Do you have any credit cards with debt on them? *this field is required

Yes

What is the total amount on your credit card(s)? *this field is required

What is your total monthly repayment? *this field is required

What is the interest rate(s)? *this field is required

If you have more than one credit card, please enter all of the interest rates.

Does the 2nd applicant have any credit cards with debt on them? *this field is required

Yes

What is the 2nd applicant's total amount on their credit card(s)? *this field is required

What is the 2nd applicant's total monthly repayment? *this field is required

What is the 2nd applicant's interest rate(s)? *this field is required

If they have more than one credit card, please enter all of the interest rates.

Do you have any store cards? *this field is required

Yes

What is the total amount on your store card(s) *this field is required

What is your total monthly repayment? *this field is required

What is the interest rate(s)? *this field is required

If you have more than one store card, please enter all of the interest rates.

Does the 2nd applicant have any store cards? *this field is required

Yes

What is the 2nd applicant's total amount on their store card(s) *this field is required

What is the 2nd applicant's total monthly repayment? *this field is required

What is the 2nd applicant's interest rate(s)? *this field is required

If they have more than one store card, please enter all of the interest rates.

Do you have any overdrafts? *this field is required

Yes

What is your total amount on your overdrafts? *this field is required

What is your total monthly repayment? *this field is required

What is the interest rate(s)? *this field is required

If you have more than one overdraft, please enter all of the interest rates.

Does the 2nd applicant have any overdrafts? *this field is required

Yes

What is 2nd applicant's total amount on their overdrafts? *this field is required

What is the 2nd applicant's total monthly repayment? *this field is required

What is the 2nd applicant's interest rate(s)? *this field is required

If they have more than one overdraft, please enter all of the interest rates.

Do you have any catalogue repayments? *this field is required

Yes

What is the total amount on your catalogue repayment(s)? *this field is required

What is the total monthly repayment amount? *this field is required

What is the interest rate(s)? *this field is required

If you have more than one catalogue repayment, please enter all of the interest rates.

Does the 2nd applicant have any catalogue repayments? *this field is required

Yes

What is the 2nd applicant's total amount on their catalogue repayment(s)? *this field is required

What is the 2nd applicant's total monthly repayment amount? *this field is required

What is the 2nd applicant's interest rate(s)? *this field is required

If they have more than one catalogue repayment, please enter all of the interest rates.

Do you have any arrears? *this field is required

Yes

What is the total amount on your arrears? *this field is required

What is your total monthly repayment amount? *this field is required

What is the interest rate(s)? *this field is required

If you have more than one arrear, please enter all of the interest rates.

Does the 2nd applicant have any arrears? *this field is required

Yes

What is the 2nd applicant's total amount on their arrears? *this field is required

What is the 2nd applicant's total monthly repayment amount? *this field is required

What is the 2nd applicant's interest rate(s)? *this field is required

If they have more than one arrears, please enter all of the interest rates.

Do you have any other outstanding debt? *this field is required

Yes

What is your total amount on other outstanding debt? *this field is required

What is total monthly repayment amount? *this field is required

What is the interest rate(s)? *this field is required

If you have more than one other outstanding debt, please enter all of the interest rates.

Does the 2nd applicant have any other outstanding debt? *this field is required

Yes

What is the 2nd applicant's total amount on other outstanding debt? *this field is required

What is the 2nd applicant's total monthly repayment amount? *this field is required

What is the 2nd applicant's interest rate(s)? *this field is required

If they have more than one other outstanding debt, please enter all of the interest rates.

Have you considered the following?

* Required

Would you downsize instead of taking out a later life mortgage? *this field is required

Yes

Would family or friends be in a position to either gift or lend some or all of what you need? *this field is required

Yes

Would it be a loan or gift? *this field is required

A loan

A gift

The amount they would loan/gift you *this field is required

Type of loan *this field is required

For example with interest.

Monthly repayment to them

How much you would pay them back a month.

Would they charge interest on your loan?

You can give an % here.

Do you have an alternative secured/unsecured lending option as a source of funds? *this field is required

Like a bank loan

Yes

What secured options have you considered? *this field is required

Like a home owner loan

What was the loan amount you requested? *this field is required

Term of loan requested *this field is required

Monthly repayments amount you were given *this field is required

What was the interest rate? *this field is required

When could you get the amount? *this field is required

Can you source any other alternative funds? *this field is required

Yes

What would be the other sources? *this field is required

What would be the amount? *this field is required

When could you get the amount? *this field is required

Future move

Have you thought about moving in the future? *this field is required

Yes

When do you think you will move? *this field is required

For example, in 5 years time.

Why would you move? *this field is required

Do you have a view of future property prices? *this field is required

Yes

What would be the property value if you wanted to move? *this field is required

The information which I have given is to the best of my knowledge and belief, correct and complete *this field is required

Yes