In the know…Interest only – sale of mortgaged property
- The Interest Only – Sale of Mortgaged Property Customer Declaration is a mandatory document and must be uploaded via Introducer Internet immediately following the application submission
- The Interest Only – Sale of Mortgaged Property Customer Declaration can be found on SFI website > Literature > Application forms and declarations
- Please confirm in Introducer Internet your client’s future plans following the sale of this mortgaged property and that they will have sufficient equity/funds to carry out those plans
- Evidence of this information should be retained on file. We undertake regular checks to assess the plausibility of your client’s repayment strategy and we may request further information or evidence
If you want to know more about the above, please call your dedicated contact
