Mortgage gap finance fact find

Leave blank if you are borrowing in your own name.

If borrowing through a company or SPV.

Full names and dates of birth. Everyone on the title will need to consent to a second charge.

Full address including postcode.

This determines whether the funding is regulated, which changes the process considerably. Please answer accurately.

If you have not yet applied, tell us who you are approaching.

Existing mortgages only.

Gap funding usually has to complete inside this window.

Many will, some will not, and a few charge a fee to consider it. If you have not asked yet, say so — we will tell you how that lender usually responds.

Second charges, restrictions, or anything else on the title.

Including deposit, fees, duty and any works.

The story behind the shortfall. This is the part underwriters read most carefully, so please be candid.

Gap funding is short-term money. Most cases run three to eighteen months.

If it is a sale: what, listed at how much, with whom, and is it under offer? If a refinance: which lender, and on what terms?

Agent listings, memoranda of sale, a decision in principle, signed contracts. Evidence turns a plausible exit into a fundable one.

Lenders ask this on every case. Having an answer materially improves your terms.

If not, interest can usually be rolled up or retained instead — it just increases the total.

Adverse credit rarely stops a case outright. It does change which lenders will look at it, so it is far better raised now than discovered at underwriting.

Dates, amounts, whether satisfied, and the circumstances behind it. Context genuinely helps.

Lender, outstanding balance, monthly payment and any early repayment charge, for each facility.

Second charges need a solicitor who can act quickly.

Unusual circumstances, a deadline, a lender who has already declined — anything that would change how we approach it.