Transcription of PMS ??? Commitment to repay existing debt – PMS ...
1 Commitment to repay existing debt . Mortgage Supplementary Declarations These declarations are important. They apply to each applicant applying for a mortgage where a Commitment has been made to repay some or all existing debt. The affordability of your loan and our agreement to lend will be assessed on this basis. You/Your/Yours' means the customer(s) applying for the Your mortgage will be assessed based on the mortgage product. information disclosed at application. If your circumstances or intentions change you must tell us so We/Us/Our/Ours' means Barclays Bank UK PLC and its that your mortgage can be accurately assessed.
2 Wholly and partly owned subsidiaries and any company in which it has an interest by way of a shareholding or any Failure to disclose material facts such as a change company in a group of companies to which it may belong relating to your intentions regarding repayment of ( Barclays Group'). existing financial commitments may constitute mortgage fraud and may be a breach of the terms and You make the following declarations to us: conditions of your mortgage. 1. Borrowing to repay debts you agree that if we make you an offer, you will repay any of your existing debts that are specified in the offer within 30 days of receipt of mortgage funds.
3 2. Repaying debt from other funds you agree that if we make you a mortgage offer, you will repay any of your existing debts specified in the offer prior to, or within 30 days of, receipt of mortgage funds. All applicants to sign here to show agreement and consent to declarations For Individual Borrowers and Limited Liability Partnerships. Applicant 1 Applicant 2 Applicant 3 Applicant 4. Signature(s). Date D D MM Y Y Y Y D D MM Y Y Y Y D D MM Y Y Y Y D D MM Y Y Y Y. Barclays Bank UK PLC. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority (Financial Services Register No.)
4 759676). Registered in England. Registered No. 9740322. Registered office: 1 Churchill Place, London E14 5HP. Item ref: 9915479_UK Created: 04/18.
