Initial Disclosure Document

When property buyers contact mortgage providers about a mortgage, they will be sent an Initial Disclosure Document.

The Initial Disclosure Document provides information about the services and professional advice that purchasers will receive during the mortgage application process. It will also disclose important information in regards to insurance quotations and any fees the seller may charge before the conveyancing process is completed.

The Financial Services Authority obliges mortgage lenders to supply this document so that customers can determine whether or not their services are right for them.