Contract Variation Statement

In submitting a request for a Mortgage Contract Variation, you confirm that:

• You have obtained the applicant(s)’ consent to share their personal information for the purpose of this application.
• You have authority of all account holders to submit this Contract Variation application on their behalf.
• You and/or your firm are authorised by the Financial Conduct Authority (FCA) and hold the appropriate permissions to act on behalf of the borrower(s) in connection with this application.
• You have discussed and explained the financial implications of the proposed change with the borrower(s), including any impact on monthly payments, interest payable, mortgage term and the overall cost of borrowing.
• To the best of your knowledge, the borrower(s)’ current financial circumstances have been fully disclosed, and you are not aware of any material changes that could affect the assessment of the application.
• You believe the Contract Variation remains affordable and sustainable based on the borrower(s)’ current and anticipated financial circumstances.
• You understand that any approval is subject to Mansfield Building Society’s assessment and lending criteria and is not guaranteed to be approved.
• You acknowledge that the Society may request additional information or supporting evidence in relation to this application.
• You have provided the borrower(s) with a copy of Mansfield Building Society’s Privacy Notice, available at mansfieldbs.co.uk/privacy-notice. This explains how personal information is collected, used and protected.
• You have provided the borrower(s) with a copy of the Credit Reference Agency Information Notice (CRAIN), available at transunion.co.uk/legal/privacy-centre/pc-credit-reference. This explains how the credit reference agency collects, processes, and shares personal information.