RESOURCES

Property Finance Documentation Checklist

Cross-product documentation requirements for UK property finance broker submissions.

Obsidian Deal Ops

Property Finance Documentation Checklist

Standard requirements across bridging, development, commercial, and buy-to-let submissions

1. Borrower and Guarantor Identification

Photographic ID (passport or driving licence) — all borrowers, guarantors, and PSCs
Proof of address dated within last 3 months (utility bill, bank statement, or council tax)
Source of funds / source of wealth evidence
Credit report or authorisation for lender credit search

2. Corporate Borrower (Limited Company / LLP / SPV)

Certificate of incorporation
Memorandum and articles of association (or LLP agreement)
Latest filed accounts (typically last 2 years)
Confirmation of directors and persons of significant control
Corporate structure chart (for multi-entity groups)
Board resolution authorising the borrowing
Trust deed or constitutional documents (SPV / trust borrowers)

3. Property and Security

Full property address and title number
Official copies of title register and title plan (dated within last month)
Details of existing charges, restrictions, or covenants
Valuation report or confirmation of valuation instruction
Property photographs (interior and exterior, recent)

4. Development and Refurbishment (Where Applicable)

Schedule of works with itemised costs
Planning permission or Permitted Development confirmation
Contractor details, qualifications, and insurance
Project timeline with key milestones
Quantity surveyor report (development finance)
Professional team details (architect, structural engineer, project manager)

5. Commercial Investment (Where Applicable)

Tenancy schedule with lease dates, break clauses, and rent reviews
Copies of current leases
Rent roll reconciliation against bank statements
Service charge budget and accounts
EPC certificates for each unit
Tenant covenant information (accounts or credit references)

6. Financial Information

Bank statements — all active accounts (3 to 6 months)
Proof of income (payslips, SA302, tax returns, or accountant's letter)
Schedule of assets and liabilities
Management accounts (if filed accounts > 9 months old)
Cash flow forecast (development and refurbishment projects)
Source of deposit with supporting bank evidence
Existing property portfolio schedule (if applicable)

7. Exit Strategy

Sale exit: agent valuation, marketing evidence, comparable sales
Refinance exit: DIP or AIP from long-term lender, criteria confirmation
Development exit: GDV evidence, pre-sales, marketing strategy
Exit timeline with supporting rationale

8. Legal and Compliance

Solicitor details — borrower and lender (name, firm, SRA number)
Undertaking from borrower's solicitor (where required)
Confirmation of no adverse litigation or disputes
Buildings insurance evidence or confirmation of arrangement
Consent to search and credit check (signed by all parties)
Signed privacy notice and data processing consent

9. Deal Summary and Broker Commentary

Deal type, purpose, and background
Loan amount, LTV, and term
Property description and location
Borrower profile (experience, financial strength)
Exit strategy with supporting rationale
Known issues or sensitivities addressed upfront
Lender fit rationale — why this deal suits the target lender

10. Pre-Submission Verification

All documents are final versions (no drafts or superseded copies)
File names are consistent and descriptive
Deal terms are consistent across all documents
Borrower names and property addresses match throughout
Pack is indexed and logically ordered
Gap audit completed against target lender's specific requirements