Add Co-Applicant

After the details regarding the main borrower were added, you are prompted to add the details for the co-borrower. Select the secondary applicant and click Continue.

In this step, you have to give information about the identity of the co-borrower. Fill in the following mandatory fields:

• Title: Choose between: Mr/Mrs/Miss/Ms/Doctor.
• First Name: Insert your first name.
• Last Name: Insert your surname.
• Date of birth: Click inside the field to display the calendar. If you select a date that results in you being younger than 18, a toast message is displayed.
• Gender: Choose between: Male/Female.
• Marital Status: Choose between: Single/Married/Civil partnership/Separated/Divorced/Widow/Widower/Living as partners.
• Total nr of dependants: Choose between zero and fifteen.
• Nationality: Select your nationality. This information is important for the financial calculations. There is a knock-out rule that says you must be British to advance in the Digital Mortgages Self-Service Application process.
• Country of residence: Select your country. You must choose United Kingdom. If you are not a UK resident, a toast message is displayed, and you cannot continue the flow.

Click Continue.

Address Details

In this step, insert your addresses where you have lived in the last five years. It is used to check the credit history.

It contains the message: Please provide us your addresses for the past 5 years only. We'll use this information to check your credit history but it won't affect your credit score.

Click Add address and fill in the following mandatory fields:

• Postcode: Using the connector Ideal Postcodes, the address is collected. By using a connector, the solution incorporates an endpoint that calls the API to bring data from an external source. Such an external source can be the Ideal Postcodes connector. This connector queries the Ideal Postcodes database to find information regarding addresses in United Kingdom. However, the solution can accommodate any other third-party software, this is one such software integration developed by FintechOS.
• Property type: Choose between: Flat/House/Country.
• City: Insert the name of your city.
• Street:Insert the name of your street.
• Nr:Insert the number of the street.
• Ap number: Insert the number. This field is available only if you chose flat as property type.
• Date you moved in: Select a date that is not in the future.
• Do you still live here?: If this is true, then the field below is not displayed.
• Date you moved out: Choose a date after the move in date.

Click Save to add this address to the list.

For each address, you have two options:

• edit (modify the address)
• remove (delete an address). This is executed using the script FTOS_BARET_ChangeApplicationStatusMortgage.

Click Continue once you have added all the addresses.

If you click Continue without an address inserted, the system informs you: Please provide your addresses for the past 5 years.

If you insert one or more addresses, but the oldest address doesn't cover the minimum five-year span, the system informs you: Please make sure you cover all the places you lived in the past 5 years.

If you inserted one or more addresses, but you didn't select a current address for any of them, the system informs you: Please review the addresses inputted and make sure you mark the one you are currently living in.

Income Details

Insert information about your income to determine your eligibility. The data is then taken to the Configuring the Business Formulas where it is used to determine if you qualify for the loan.

Select the type of employment you practice:

• Employed
• Self-Employed.

For the employed customers, fill in the following mandatory fields:

• Employer name: Choose between: Creative/Specialist/Driver/Emergency Services/Hm Forces/Manager/Nurse/Office Staff/Clerical/Other/Professional/Sales Assistant/Service Staff/Sales Person/Senior Executive/Skilled Worker/Teacher/Unskilled Worker.

• Job Title: Insert the name.

• Time employed at this job: Choose the number of years and months you spent at this job.

• Yearly income before tax: Insert the amount.

• Do you have any other incomes?: If true, a button will be made available (grayed out by default) named Add income. If you want to add additional income, a slider from the right side will appear with the following incomes in 2 categories.

For the self-employed customers, fill in the following mandatory fields:

• Your business role: Insert the role you have.
• Name of business: Insert the name of the company/NGO.
• Time employed at this job: Insert the number or years/months.
• Net profit in most recent complete tax year: Insert the profit after tax deduction for the last year.
• Net profit in previous complete tax year: Insert the profit after tax deduction for the previous year.
• Do you have any other incomes?: Toggle the button if you do receive money from other sources. Then, click Add income to open the side panel on the left with the following fields:
  • Income type: Choose between: Overtime/Allowances/Commission/Bonuses/Pension/Investments/Maintenance/Trust Funds.
  • Value: Insert the income.
  • Frequency: Choose between: weekly/monthly/default yearly.

You can edit each income.

Click Continue.

Your Spendings

This screen collects the expenses you have to determine if you qualify for a loan.

Click Add spendings to open a side panel with the mandatory fields:

• Spending Type: Select between: Overdraft/Credit or store card/Council Tax/Ground rent/Service charge.
• Frequency: Select between: Annually/Monthly/Weekly.

  This field is displayed only for

  • Council Tax
  • Ground rent
  • Service charge.
• Amount: Insert the value in pounds.

Click Save.

For each expense, you have two options:

• edit (modify the expense)
• remove (delete an expense).

Click Continue once you have added all the expenses.