Borrower Authorisation Form Mortgage for the United Kingdom

Borrower Authorisation Form Mortgage Template for England and Wales

A Borrower Authorisation Form Mortgage is a legal document used in England and Wales that enables lenders to collect, process, and verify information about potential borrowers during the mortgage application process. It includes permissions for credit checks, data processing, and information sharing with relevant third parties, while complying with UK financial services regulations, data protection laws, and mortgage lending requirements.

Your data doesn't train Genie's AI

You keep IP ownership of your information

Generate a Bespoke Document

1. Select your governing law:

2. Enter your key requirements:

3. Create your document to edit, review or download

Download a Standard Template

Get our England and Wales-compliant Borrower Authorisation Form Mortgage

4.6 / 5

4.8 / 5

Alternatively: Run an advanced review of an existing
Borrower Authorisation Form Mortgage

Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.

Upload your Doc

What is a Borrower Authorisation Form Mortgage?

The Borrower Authorisation Form Mortgage is a crucial document in the mortgage application process under English and Welsh law. It is required when individuals apply for mortgage products, enabling lenders to perform necessary due diligence, credit checks, and information verification. The form ensures compliance with financial regulations, data protection requirements, and anti-money laundering rules while protecting both lender and borrower interests. It typically includes permissions for credit searches, data processing, and third-party information sharing.

What sections should be included in a Borrower Authorisation Form Mortgage?

1. Borrower Details: Full legal name, address, and contact information of the borrower

2. Property Details: Information about the property being mortgaged including address and title number if known

3. Authorization Scope: Specific permissions being granted by the borrower to the lender and other relevant parties

4. Data Protection Declaration: GDPR compliance statement and explicit consent for data processing activities

5. Credit Check Authorization: Express permission to conduct credit checks and share information with credit reference agencies

6. Declaration: Final statement confirming the truth of information provided and understanding of the authorization given

What sections are optional to include in a Borrower Authorisation Form Mortgage?

1. Marketing Preferences: Optional consent section for receiving marketing communications from the lender and/or related parties

2. Third Party Authorization: Optional section authorizing other individuals to act on the borrower's behalf in relation to the mortgage application

3. Electronic Communications Consent: Optional section for consent to receive documents and communications electronically

What schedules should be included in a Borrower Authorisation Form Mortgage?

1. Schedule 1 - Identity Verification Requirements: List of acceptable identification documents and verification requirements

2. Schedule 2 - Privacy Notice: Detailed information about how personal data will be collected, processed, stored and shared

3. Schedule 3 - Terms and Conditions: Standard terms and conditions relating to the authorization and use of information

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Cost

Free to use

Relevant legal definitions

Clauses

Relevant Industries

Banking
Building Societies
Mortgage Broking
Real Estate

Relevant Teams

Legal
Compliance
Mortgage Operations
Risk Management
Customer Service

Relevant Roles

Mortgage Advisor
Compliance Officer
Underwriter
Legal Counsel
Credit Risk Manager

Industries

Financial Services and Markets Act 2000: Primary legislation governing financial services regulation in the UK, establishing the regulatory framework for mortgage lending and financial services

Consumer Credit Act 1974: Legislation regulating credit agreements and protecting consumer rights in credit transactions, including aspects of mortgage lending

Data Protection Act 2018: UK's implementation of data protection standards, governing how personal information must be handled in mortgage applications and processing

UK General Data Protection Regulation: Post-Brexit data protection regulation defining how personal data must be processed, stored, and protected in financial services

Mortgage Credit Directive Order 2015: Regulation implementing the EU Mortgage Credit Directive, setting standards for mortgage lending and borrower protection

Consumer Rights Act 2015: Legislation protecting consumer rights in contracts, including unfair terms in mortgage agreements

FCA Handbook - MCOB: Mortgages and Home Finance: Conduct of Business Sourcebook - Detailed regulatory requirements for mortgage lenders and administrators

FCA Handbook - CONC: Consumer Credit Sourcebook - Regulatory guidelines for consumer credit activities related to mortgage lending

FCA Handbook - BCOBS: Banking Conduct of Business Sourcebook - Standards for banking services related to mortgage provision

Law of Property Act 1925: Fundamental property law governing legal aspects of mortgage security and property rights

Land Registration Act 2002: Legislation governing the registration of land and charges, including mortgages, in England and Wales

Money Laundering Regulations 2017: Regulations requiring identity verification and due diligence in mortgage transactions to prevent financial crime

Proceeds of Crime Act 2002: Legislation addressing money laundering concerns in financial transactions including mortgage lending

Privacy and Electronic Communications Regulations 2003: Regulations governing electronic communications and marketing consent in financial services

Find the exact document you need

No matches found.

Release Of Liability Mortgage

An England & Wales legal document releasing a party from mortgage obligations while maintaining the mortgage's validity.

How Cambridge United Uses Genie AI to Speed Up Player Signings and Slash Legal Costs

Generate a Bespoke Document

Download a Standard Template

What is a Borrower Authorisation Form Mortgage?

What sections should be included in a Borrower Authorisation Form Mortgage?

What sections are optional to include in a Borrower Authorisation Form Mortgage?

What schedules should be included in a Borrower Authorisation Form Mortgage?

Authors

Alex Denne

Jurisdiction

Publisher

Document Type

Sector

Cost

Find the exact document you need

Release Of Liability Mortgage

Relationship Letter For Mortgage

Real Estate Mortgage Form

Real Estate Mortgage Agreement

Property Mortgage Agreement

Purchase Money Trust Deed

Mortgage Reinstatement Request Letter

Mortgage Receipt

Mortgage Note Document

Mortgage Loan Application Form

Mortgage Facility Letter

Mortgage Confirmation Letter

Mortgage Confirmation Form

Mortgage Completion Letter

Mortgage Cancellation Deed

Mortgage Application Closed Letter

Mortgage Amendment Form

Mortgage Acceptance Letter

Letter To Lender

Letter From Mortgage Lender

Letter For Mortgage

Lender Approval Letter

Letter Of Down Payment

Job Letter For Mortgage

Housing Need Explanation Letter

Home Loan Letter

Home Financing Documents Release Form

Hardship Affidavit For Mortgage

Gift Letter For Home Loan

Guarantors Covenant Mortgage Deed

Deed Of Sale With Assume Balance

Contract For Deed With Existing Mortgage

Consent To Mortgage

Borrower Authorisation Form Mortgage

Authorisation Letter For Mortgage

Letter Of Explanation Of Relationship For Mortgage

Letter Of Explanation For Credit Inquiries For Mortgage

Mortgage Warranty Deed

Second Lien Deed Of Trust

Letter Of Explanation For Address Variation

Genie’s Security Promise

Your documents are private:

Your documents are protected:

Organizational security:

Templates

Contract Templates

Letter Templates

Policy Templates

Industries

Legal Services

Manufacturing

Construction

Solutions

Use Cases

Company Types

Comparisons

Business Categories

Teams

Information

Generate Legal Docs Free