Totally Property Group Financial Advice - What documentation do you need?

Although you may have 30 or 45 days to get a mortgage agreement (depending on the contract) after the Compromis de Vente has been signed, it’s best to start building your mortgage file as quickly as possible. What follows should be everything you need to send to your mortgage broker or lender in France as you begin the purchase process.

1a) if you are employed - Letter from employer(s) specifying your professional status, length of service and gross annual income

Copy of your last 3 most recent salary slips and most recent P6O

1b) if you are self employedPhotocopies of the last 2 years certified balance sheets and profit and loss accountsPhotocopies of the last 2 years personal tax returns (complete) and the most recent notice of assessment

2) Your income detailsStatement of any income other than from principal employment (including rental income, tenancy agreements and bank statements showing the rental income) Statement of any investment income declared Statement of any pension income received

3) Other personal documentsPhotocopies of each applicant’s passport showing photograph and personal details.Photocopy of your birth certificate or marriage certificate or divorce decree Last rental statement (if you are a tenant) Most recent statements for all existing loans/mortgages and credit cardsPhotocopies of the 3 most recent months’ continuous bank statements showing income, loans, mortgages and regular outgoings

4) Property documents

Copy of ‘compromis de vente’ (the first contract) - this is vital

If you are building a new property: property title or preliminary sales agreement for the land and building licence - building contract and plans Plus: Photocopies of all the quotations and insurance certificates for the buildersFor an existing property, completed constructions or those sold under

VEFA contract: sales agreement or reservation contract - For renovation or improvement works to be carried out, and paid for by the mortgage: professional estimates or invoices

For re-mortgage and equity release: title deed, loan deed, complete repayment table (current)

5) Other Information required

Proof of deposit - statement showing the lump sum that you are putting into the project

A utility bill. (Valid within the last 3 months)

List of other banks that you have already approached if applicable