Mon - Fri 09:00 - 17:00
Sunday & Sunday Closed
(0203) 286-6952
info@ihomefinance.co.uk
Beachside Business Centre
Rue du Hocq, Jersey JE2 6LF
Welcome to fair and smart mortgage loans, we're here to help you
Mortgage Explained
Required Documents
FAQs
REQUIRED DOCUMENTS
Everything you need to get your Mortgage approved
Documents & First Appointment
We are delighted that you have chosen iHome Finance to help get the best mortgage deal on the market. Before your first appointment, one of our agents will get in touch with you over the phone to make sure you will have all the necessary documents we will need.
To make sure things move as smoothly and timely as possible, please review the list of documents we will need from you below and bring the relevant documentation to your appointment. For telephone appointments, please have it to hand; we’ll then ask you to send it to us later.
Contact us now for a
free telephone appointment!
To make sure things move as smoothly and timely as possible, please review the list of documents below and have them at hand during the call. Of course you are always welcome to contact us if you have any preliminary questions, you need answered!
CONTACT US
HOME MORTGAGE - REQUIRED DOCUMENTS
Proof of address – A bank statement, a utility bill dated within the last four months or a full driving licence. Please note: We need separate documents for proof of identity and address – using your driving licence for both is not satisfactory.
Details of any current loans – Including credit card bills, personal loans, hire purchase agreements and second charge lending. Please provide the name of the lender, outstanding amount, monthly repayment and remaining term.
Three months bank statements – Please use your current and/or savings accounts you hold, including the account your salary is paid into.
Proof of income – Payslips covering the last three consecutive months. If you want us to take into account, bonus, and/or commission, please also provide your salary tax statements for the last three years. If you’ve been in your current job for less than six months, please provide written confirmation of your salary, plus details of any probationary period or fixed term contract from your employer. Please also provide details of any maternity leave (or reduced hours thereafter) that may affect your income.
Other income – Please provide us with evidence of any other income you want us to take into account (eg pensions, benefits, investments or rental income, inheritance).
Details of all employer benefits & protection plans – Including policy documents for life assurance, critical illness, accident, sickness or redundancy cover, employer’s sick pay, death in service pay, or any other benefits provided by your employer.
Residential Status - Please provide us with documents pertaining to your Jersey or Channel Island residential status. In order to buy property in Jersey and the Channel Islands, your residential status will need to qualify. To find out more, please visit this page here: Residential statuses.
Property Details – Please provide full address of the property, including postcode, approximate year of build (if within the last 10 years please provide structural defects warranty) and estate agent or seller details. The name and address of your solicitor or conveyancer.
Please note – Your property may be repossessed if you do not keep up payments on your mortgages.
PROPERTY DEVELOPMENT - REQUIRED DOCUMENTS
Proof of address – A bank statement, a utility bill dated within the last four months or a full driving licence. Please note: We need separate documents for proof of identity and address – using your driving licence for both is not satisfactory.
Details of any current loans – Including credit card bills, personal loans, hire purchase agreements and second charge lending. Please provide the name of the lender, outstanding amount, monthly repayment and remaining term.
Three months bank statements – Please use your current and/or savings accounts you hold, including the account your salary is paid into.
Proof of income – Payslips covering the last three consecutive months. If you want us to take into account, bonus, and/or commission, please also provide your salary tax statements for the last three years. If you’ve been in your current job for less than six months, please provide written confirmation of your salary, plus details of any probationary period or fixed term contract from your employer. Please also provide details of any maternity leave (or reduced hours thereafter) that may affect your income.
Other income – Please provide us with evidence of any other income you want us to take into account (eg pensions, benefits, investments or rental income, inheritance).
Details of all employer benefits & protection plans – Including policy documents for life assurance, critical illness, accident, sickness or redundancy cover, employer’s sick pay, death in service pay, or any other benefits provided by your employer.
Residential Status - Please provide us with documents pertaining to your Jersey or Channel Island residential status. In order to buy property in Jersey and the Channel Islands, your residential status will need to qualify. To find out more, please visit this page here: Residential statuses.
Property Details – Please provide full address of the property, including postcode, approximate year of build (if within the last 10 years please provide structural defects warranty) and estate agent or seller details. The name and address of your solicitor or conveyancer. Land ownership Details / proof of ownership.
IF YOU ARE
Self-employed – Please provide us with your last three years’ worth of signed audited/ certified accounts/tax returns. The latest must be no more than 18 months old. If you’ve been trading for less than three years, please bring all signed/audited accounts to date.
Company director or shareholder with a shareholding greater than 10% – Your last three years’ worth of signed audited/certified accounts, plus one of the following: payslips, tax statements and returns. The latest must be no more than 18 months old.
Property Developers - Please provide us with documents pertaining to the following questions: Does the property have a sufficient quick sale value to serve as collateral for the loan, or are there other properties which can be collateralized to meet the loan to value requirement? In order to estimate affordability of monthly payments, please provide us with profit and loss statements (ratio of at least 1.2 : 1 income to expense ratio). What is a realistic and workable exit strategy? Please note, that land projects can not be collateralized with other land, but can be collateralized with other kinds of commercial property such as office buildings, apartments, etc.
Developement Further Information - Please provide plans of the site location and how it is to be laid out as well as information on the sort of properties that are to be built on the site. An estate agents report on estimating sale prices of the properties will be required. Copies of the planning consents obtained along with any planning conditions. Documents with a detailed breakdown of the cost of developing the site along with cash flow projections/ projected profit and loss/balance sheet.
Please note – Your property may be repossessed if you do not keep up payments on your mortgages.
COMMERCIAL MORTGAGE - REQUIRED DOCUMENTS
Proof of address – A bank statement, a utility bill dated within the last four months or a full driving licence. Please note: We need separate documents for proof of identity and address – using your driving licence for both is not satisfactory.
Details of any current loans – Including credit card bills, personal loans, hire purchase agreements and second charge lending. Please provide the name of the lender, outstanding amount, monthly repayment and remaining term.
Three months bank statements – Please use your current and/or savings accounts you hold, including the account your salary is paid into.
Proof of income – Payslips covering the last three consecutive months. If you want us to take into account, bonus, and/or commission, please also provide your salary tax statements for the last three years. If you’ve been in your current job for less than six months, please provide written confirmation of your salary, plus details of any probationary period or fixed term contract from your employer. Please also provide details of any maternity leave (or reduced hours thereafter) that may affect your income.
Other income – Please provide us with evidence of any other income you want us to take into account (eg pensions, benefits, investments or rental income, inheritance).
Details of all employer benefits & protection plans – Including policy documents for life assurance, critical illness, accident, sickness or redundancy cover, employer’s sick pay, death in service pay, or any other benefits provided by your employer.
Residential Status - Please provide us with documents pertaining to your Jersey or Channel Island residential status. In order to buy property in Jersey and the Channel Islands, your residential status will need to qualify. To find out more, please visit this page here: Residential statuses.
Property Details – Please provide full address of the property, including postcode, approximate year of build (if within the last 10 years please provide structural defects warranty) and estate agent or seller details. The name and address of your solicitor or conveyancer. Land ownership Details / proof of ownership.
IF YOU ARE
Self-employed – Please provide us with your last three years’ worth of signed audited/ certified accounts/tax returns. The latest must be no more than 18 months old. If you’ve been trading for less than three years, please bring all signed/audited accounts to date.
Commercial Properties - We lend against the following types of properties: Commercial properties including, retail units and office spaces; Residential properties including apartments blocks; Modern industrial units; Hotels & tourism Infrastructure.
Company director or shareholder with a shareholding greater than 10% – Your last three years’ worth of signed audited/certified accounts, plus one of the following: payslips, tax statements and returns. The latest must be no more than 18 months old.
Please note – Your property may be repossessed if you do not keep up payments on your mortgages.
BUY TO LET - REQUIRED DOCUMENTS
Proof of address – A bank statement, a utility bill dated within the last four months or a full driving licence. Please note: We need separate documents for proof of identity and address – using your driving licence for both is not satisfactory.
Details of any current loans – Including credit card bills, personal loans, hire purchase agreements and second charge lending. Please provide the name of the lender, outstanding amount, monthly repayment and remaining term.
Three months bank statements – Please use your current and/or savings accounts you hold, including the account your salary is paid into.
Proof of income – Payslips covering the last three consecutive months. If you want us to take into account, bonus, and/or commission, please also provide your salary tax statements for the last three years. If you’ve been in your current job for less than six months, please provide written confirmation of your salary, plus details of any probationary period or fixed term contract from your employer. Please also provide details of any maternity leave (or reduced hours thereafter) that may affect your income.
Other income – Please provide us with evidence of any other income you want us to take into account (eg pensions, benefits, investments or rental income, inheritance).
Details of all employer benefits & protection plans – Including policy documents for life assurance, critical illness, accident, sickness or redundancy cover, employer’s sick pay, death in service pay, or any other benefits provided by your employer.
Residential Status - Please provide us with documents pertaining to your Jersey or Channel Island residential status. In order to buy property in Jersey and the Channel Islands, your residential status will need to qualify. To find out more, please visit this page here: Residential statuses.
Property Details – Please provide full address of the property, including postcode, approximate year of build (if within the last 10 years please provide structural defects warranty) and estate agent or seller details. The name and address of your solicitor or conveyancer. Land ownership Details / proof of ownership.
IF YOU ARE
Self-employed – Please provide us with your last three years’ worth of signed audited/ certified accounts/tax returns. The latest must be no more than 18 months old. If you’ve been trading for less than three years, please bring all signed/audited accounts to date.
Buy-to-Let Eligibility - Minimum annual salary of £ 25,000; Total lending must not exceed 75% loan to value; The property must be in the Channel Islands; All Buy to Let mortgages are subject to underwriting and lending criteria that may be varied from time to time
Company director or shareholder with a shareholding greater than 10% – Your last three years’ worth of signed audited/certified accounts, plus one of the following: payslips, tax statements and returns. The latest must be no more than 18 months old.
Affordability - The affordability of a Buy to Let mortgage will be assessed from the property's rental income. The rent must be at least 125% of the mortgage payment, using an interest rate that takes into account the possibility of future interest rate rises.
Please note – Your property may be repossessed if you do not keep up payments on your mortgages.
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Company Registration
Contact Info
iHome holding Ltd.
Beachside Business Centre
Rue du Hocq
St. Clement, Jersey JE2 6LF
Channel Islands
+44 2032 8669 52
Mon - Sat 09:00 - 17:00
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