BTL Document Submission Sub Inner Page Slide

Breadcrumb

BTL Document Submission Checklist

BTL Document Submission Checklist

BTL Document Submission Tabbed

SBI UK - BUY TO LET DOCUMENTS SUBMISSION CHECKLIST
Category Document Standard Application SPV HMO Expat
Purchase Remortgage Purchase Remortgage Purchase Remortgage Purchase Remortgage
Mandatory Documents - All Application types Proof of ID (all applicants)
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
Proof of Address (all applicants)
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
Latest 3 months personal bank statements for the primary applicant
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
DDM: latest bank statement to verify the DDM bank details
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
EPC of the subject BTL property (Rating of A to E only)
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
Certification Declaration for the documents provided: KYC, Income, Bank statements, Financial accounts. ( refer BTL literature section on SBIUK's website)
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
Principal Applicant: Employed Latest payslip (Last 4 weeks if paid weekly)
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
Latest P60 (if available)
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
Latest 3 months personal bank account statements evidencing salary credits - Principal Applicant
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
Principal Applicant: Self Employed or Contractor Latest 2 years receipted postal HMRC SA302’s including HMRC covering letter OR the latest 2 years online tax year overviews together with 2 years online tax calculations/computations/SA302's
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
Where 100% Rental income to considered: latest 2 years SA100's
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
If primary applicant is sole trader: latest 2 years fully professionally produced trading accounts from where principal applicant derives salary and dividend payment (latest must not be older than 18 months)
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
Salary and Dividend income: Latest 2 years fully professionally produced full trading accounts from where the principal applicant derives salary and dividend payments (latest must be no older than 18 months).
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
Contractors - Current contract with 3 months remaining, or evidence of new or renewed contract and previous contract(s) demonstrating continuos contracting/employment for last 2 years.
  •  
  •  
  •  
  •  
  •  
  •  
    
Latest 2 years fully professionally produced full trading accounts of Partnership business (if applicable)
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
Principal Applicant - Retired Latest annual pension statement
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
Latest 3 months personal bank accounts statement evidencing pension credits
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
Deposit - Purchase transaction Evidence of monies being used as the deposit (i.e. latest savings statement)
  •  
  
  •  
  
  •  
  
  •  
  
Deposit through Equity Release from an existing property - bank statement showing proceeds or copy of mortgage offer /illustration evidencing equity release.
  •  
  
  •  
  
  •  
  
  •  
  
Gifted Deposit- Donor Declaration
  •  
  
  •  
  
  •  
  
  •  
  
Remortgage transaction Copy of Latest AST  
  •  
  
  •  
  
  •  
  
  •  
Latest 3 months Bank Statements showing rental credits  
  •  
  
  •  
  
  •  
  
  •  
Latest itemised annual BTL mortgage statement of subject Property (if not located on credit file)  
  •  
  
  •  
  
  •  
  
  •  
In case of MUFB, AST & EPC is required for all units.  
  •  
  
  •  
  
  •  
  
  •  
If property is HMO- HMO licence (additional or mandatory)          
  •  
    
Portfolio Landlord Documentation Latest 2 years SA100
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
Schedule of existing BTL properties as per banks format
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
Business Plan as per banks format
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
Assets & Liabilities Statement as per banks format (pls refer sbiuk.com)
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
Expat If principle applicant is Expat: Employment confirmation letter from employer            
  •  
  •  
If principle applicant is Expat: Latest 3 months payslip's.            
  •  
  •  
3 months bank statement showing salary credit.            
  •  
  •  
Personal Credit Report from the country of current residence which includes the applicant(s)'s credit score (if available)            
  •  
  •  
Proof of Address covering last 2 years addresses            
  •  
  •  
Applicant to provide UK address with a declaration that any correspondence sent to UK address will be treated as received and accountable            
  •  
  •  

 

*Please note the above is a generic checklist and actual document requirement can vary based on underwriting on a case to case basis.

Download a copy of our BTL Document Submission Checklist

 

BTL Product Sub Side Navigation

SUB Services Free money transfer to India

Remittance to India

contacus

More about money transfers

VIEW MORE

SUB Services Talk to us, we can help

Talk to us, we can help

contacus

Invest or refinance a buy to let mortgage

FIND OUT MORE

SUB Services How to open an account with the State Bank of India UK Ltd

How to open an account with SBI UK Ltd

contacus

Learn More

VIEW MORE