Declaration and signature
Please note that it is a criminal offence to knowingly or recklessly give false, inaccurate or misleading information when applying for a Loan. If the borrower company through its officers, shareholders or employees provided such information, those concerned may be reported to the police and prosecuted.
As a responsible lender Maslow Capital will carefully assess the information provided in the Application Form in order to decide whether or not to make the borrower company (“Company”) an offer of a Loan. Even if we do issue an Offer Letter, we have the right at any time before any Loan completes to withdraw, revise or cancel our offer without providing a reason.
It is important that the officers of the Company ensure that the details provided in this Application Form are correct and that the signatories have read and understood the contents of this declaration.
To: xxxxxxxxx trading as Maslow Capital and its subsidiary companies, their successors and assigns (“Maslow Capital”)
Credit Reference Agencies & Credit Searches
I/We: Being officers of the Company
(1) I/We confirm that I/we am/are duly authorised to make this application, have completed or fully read the contents of this Application Form and warrant and declare that the information provided is true and accurate to the best of my/ our knowledge and belief; and
(2) I/We agree and confirm that Maslow Capital may at any time make a search or register information about me/ us and the conduct of my/our obligations and liabilities to Maslow Capital with a licensed credit reference agency in order to Maslow Capital in making credit decisions and occasionally for fraud prevention or for tracing debtors.
Processing of Applications
I/We: Being the Guarantor(s) named in this Application Form
(1) I/We agree and confirm that Maslow Capital may at any time make a search or register information about me/us and/or the Company and the conduct of my/our and/or the Company’s account with a licensed credit reference agency in order to assist Maslow Capital in making credit decisions and occasionally for fraud prevention or for tracing debtors.
(2) I/We authorise Maslow Capital to:
(a) make searches of the records at fraud prevention agencies who may provide Maslow Capital with information about other applications made and any data recorded and they will record information about your application so that other users of the agencies may use the information in making their decisions; and,
(b) make such enquiries of any person or organisation (including my/our existing or previous mortgage lenders), as Maslow Capital considers necessary in connection with this application; and,
(c) pass information to financial and other organisations involved in fraud prevention to protect Maslow Capital from fraud and theft. Assisting Maslow Capital with the repayment of my/our Loan
Assisting Maslow Capital with the repayment of my/our Loan
I/We: Being the officers of the Company and/or Guarantor(s) named in this Application Form
(1) I/We agree that if I/we give Maslow Capital false or inaccurate information and Maslow Capital suspect fraud, then Maslow Capital will record this; and,
(2) I/We authorise our solicitor or licensed conveyancer acting on my/our behalf to disclose to Maslow Capital or its solicitor and confirm that Maslow Capital is authorised to disclose to the Company’s and/or my/our solicitor or licensed conveyancer, any information relating to this application; and,
(3) I/We confirm that I/we give up any right to claim solicitor/ client confidentiality or legal privilege in respect of such information; and,
(4) I/We acknowledge and agree that Maslow Capital takes its lending both responsibly and seriously and that as part of Treating Customers Fairly, Maslow Capital prefers to be proactive and assist customers who need to repay their Loan(s); and,
(5) I/We appreciate that Maslow Capital needs to ensure that the mortgaged property(ies) that the Company and/ or others has/have provided as security for the Loan(s) must continue at all times to be insured and/or,
(6) I/We acknowledge and agree that Maslow Capital needs to be able to contact some or all of the following in connection with any Loan that the Company or I/we may have with Maslow Capital, namely: the Company’s solicitor, (where appropriate) the intermediary who introduced the Company’s Loan application to Maslow Capital, other intermediaries and lenders who might be able to assist the Company with refinancing the Loan(s) with Maslow Capital and the insurance company(ies) that has/have insured the property(ies) that the Company or I/we have provided to Maslow Capital as security for the Loan.
(7) Where Maslow Capital take or propose to take a guarantee or security from a third party for my/our obligations under the proposed loan or in respect of other indebtedness from me/us to Maslow Capital or where Maslow Capital take or propose to take a deed of consent and waiver from a third party in connection with the loan or the security for the loan then I/ we consent to Maslow Capital now and from time to time disclosing information to the third party and their legal and other advisers, about me/us, my/ our financial circumstances, the proposed loan, the purpose of the proposed loan, the conduct of my/our account(s) and my/ our present and proposed liabilities and obligations to Maslow Capital.
Accordingly, the Company and Guarantor(s) hereby irrevocably confirm that until the Company’s Loan has been repaid in full, Maslow Capital and its subsidiary companies, their successors and assigns may contact and disclose to any of the above mentioned person(s) or organisation(s) and they may disclose to Maslow Capital such information as Maslow Capital may consider reasonably necessary and have requested from such person(s) or organisations in dealing with the repayment or refinance of the Company’s Loan(s) and/or in connection with the insurance of the property(ies) which comprises Maslow Capital’s security. All information supplied by you or about you at any time by any person may be held and retained after your account is closed and may be:
• disclosed to anyone who buys or might buy or fund your Mortgage; and, where you have fallen behind with your payments to credit reference and other agencies, and other third parties including other lenders;
• used by us and anyone appointed by us to manage your Mortgage, make lending decisions, or for business analysis or market research purposes.
From time-to-time we may send you marketing information about our products and services, however we will not share your information with anyone outside of Maslow Capital, for marketing purposes.
You have the right to opt out of receiving marketing material at any time, to do so please contact us. For further information, please see our privacy policy which can be found on our website www.maslowcapital.com.
By signing this Application Form I/we being officers of the Company confirm that the information provided is true, accurate and correct and I/we being the Guarantor(s) named in this Application Form declare that the information relating to my/our income and outgoings is true, accurate and correct and that I/we am/are financially able to meet all my/our financial commitments including any interest payments on the Company’s Loan I/we are called upon to make
