BUSHELL INVESTMENT GROUP FINANCE LIMITED, TRADING AS B.I.G PROPERTY FINANCE AND ITS SUBSIDIARY COMPANIES, AFFILIATES, THEIR SUCCESSORS AND ASSIGNS (B.I.G PROPERTY FINANCE) will assess the information you have provided in your application and supporting documentation in order to decide whether or not to provide you with a Loan. Even if B.I.G Property Finance issues an offer letter to you, we have the right at any time before any loan completes to withdraw, revise or cancel our offer. It is important that you ensure that the information you have provided in your application and supporting documentation are correct. It is a criminal offence to knowingly or recklessly give false, inaccurate or misleading information when applying for a loan. If you have provided such information, you may be reported to the police and prosecuted. If false or inaccurate information is provided and fraud is identified, details will also be passed to Fraud Prevention Agencies (FPAs) to prevent fraud and money laundering. For Further details explaining how the information held by FPAs may be used please contact B.I.G Property Finance.
For your own benefit and protection, you should read the declarations carefully and ensure you understand them. If there is anything you do not understand and require explaining, please discuss this with your financial adviser and/or legal advisor before signing below.
BY SIGNING THIS APPLICATION, YOU THE UNDERSIGNED:
1) Acknowledge that B.I.G Property Finance will use the information that you have provided for our legitimate interest in assessing the prospect of providing a loan to you, by B.I.G Property Finance and organisations with which B.I.G Property Finance are affiliated or represented, and should a loan be advanced to manage that loan through to redemption, and for legal purposes to check and report any actual or suspected fraud to relevant fraud prevention and crime prevention agencies, and to government bodies and regulators as may be required of us. You can check our full privacy notice at www.bigpropertyfinance.co.uk;
2) Agree to notify B.I.G Property Finance of any changes which have, or are likely to have an effect on the continuing accuracy of the information in this application and supporting documentation which may affect our willingness to provide you with a loan;
3) Agree that any solicitor acting for you may disclose to us any information or documentation that we ask for about the transaction or property which is the subject of this application and you waive any duty of confidentiality or privilege which may otherwise exist in relation to this loan transaction;
4) Acknowledge that B.I.G Property Finance and organisations with which B.I.G Property Finance are affiliated or represented, that at any time provides or has any interest or prospective interest in this application may:
a. Provide information to a mortgage insurer to assess the risk of providing mortgage insurance or to assess the risk of default.
b. Provide any information contained in this application (and all information associated with this application) to any originator, finance consultant, financier, accountant, Credit Reference Agency (CRA), FPA, lawyer or third party involved with the prospective finance to be provided to you or as deemed appropriate by B.I.G Property Finance (in its sole discretion).
c. Disclose any report or personal information about you to any organisation which may be required in relation to any form of securitisation of any finance, sale of notes or other form of transfer of the finance which may be provided.
d. Provide information to guarantors, any person who proposes to guarantee or has guaranteed repayment of any credit provided to you.
5) Agree that B.I.G Property Finance and organisations with which B.I.G Property Finance are affiliated or represented, that at any time provides or has any interest or prospective interest in this application may seek from and use or give to another credit provider (including without limitation any other credit provider who has lent money on the same security) any information about your creditworthiness, credit standing, credit history or credit capacity. In particular, we may provide a credit opinion in relation to you.
6) Confirm you will make all payments directly by Standing Order, unless otherwise agreed with B.I.G Property Finance. You acknowledge and understand that the amount that you pay each month or the date that you make your monthly payment may change and that in either case B.I.G Property Finance will give you notice in writing before this happens. On this basis, you waive the normal fourteen days BACS notice requirement.
7) Acknowledge and understand that any telephone calls and emails relating to your application or mortgage may be recorded and monitored for security, quality and/or training purposes.
HOW TO FIND OUT MORE
You have been provided with a condensed version of details of how your data may be used, if you would like full details on how your data may be used please see our privacy notice at www.bigpropertyfinance.co.uk or email info@bigpropertyfinance.co.uk or write to B.I.G Property Finance, The Colt Suite, Edgbaston Golf Club, 25 Church Road, Birmingham B15 3TB.
You can contact the CRAs currently operating in the UK; the information they hold may not be the same so it is worth contacting them all. They will charge you a small statutory fee:
CALLCREDIT, Consumer Services Team, PO Box 491, Leeds, LS3 1WZ or call 0870 0601414
EQUIFAX PLC, Credit File Advice Centre, PO Box 3001, Bradford, BD1 5US or call 0870 010 0583 or log on to www.myequifax.co.uk.
EXPERIAN, Consumer Help Service, PO Box 8000, Nottingham NG80 7WF or call 0844 4818000 or log on to www.experian.co.uk.
If you want to receive details of the relevant FPAs this can be obtained by writing to B.I.G Property Finance, The Colt Suite, Edgbaston Golf Club, 25 Church Road, Birmingham B15 3TB.
