Aviva have introduced new applications incorporation with the remote valuations launch that we received yesterday. These forms should be used with immediate effect. A cut off date for the previous application forms will be provided imminently.
Please see below a summary of the changes
- We have added some a few additional property questions to our application form relating to roof, rainwater goods, damp, spray foam, cracking to external and internal walls, ceilings or concrete floors, and structural movement. The answers to these questions will support our underwriting decision whilst a physical inspection is not possible
- Removes the need for a customer signature where Health and Lifestyle information has been provided
- Changes to incorporate the consent for Aviva to collect and use a customer’s health information in the Borrower’s Declaration which should be read out to the customer and signed by the Adviser
- Removal of the GP checks as an interim measure to remove the strain on GP surgeries and remove the need for you to obtain a customer signature to use their health data during the COVID-19 period
Changes to the Declaration to capture who has received the financial advice and who has provided verbal consent to the borrower declaration. Therefore, we have made some further changes to the declaration, asking you to confirm who you read the borrower declaration to, either the customer(s) or Power of Attorney.
