Customer Declaration
I/We understand that this is not an application form and any approval given is subject to the Society’s underwriting criteria. I/We
understand that the product I/we selected may be withdrawn at short notice. A fully completed, signed, mortgage application form
and, where applicable, a booking fee must be received by the Society prior to the product withdrawal deadlines to reserve
mortgage funds
Data Protection YOUR RIGHTS
For the purposes of General Data Protection Regulation, the Vernon Building Society is the Data Controller responsible for the
processing of your personal data. You have the right to request in writing a copy of the details held about you by the Society and
where necessary the right to object to certain processing, the right to correct, sometimes delete and restrict the personal data the
Society uses. In addition, you have the right to complain to the Society and the Information Commissioners Office (the data
protection regulator). Please refer to the Vernon Building Society’s Privacy Notice for further information on your rights.
Where you have provided your consent to the Society, such as to receive marketing messages, you have the right to
withdraw it at any time. You can do this by notifying your local branch, calling us on 0161 429 6262 or writing to us at
Marketing Communications, Vernon Building Society, 19 St Petersgate, Stockport, SK1 1HF. Alternatively, email
unsubscribe@thevernon.co.uk
HOW WE USE YOUR DATA
a) The Vernon Building Society will only retain your personal data only for as long as necessary in case of any queries or
claims from you, and in accordance with legal and regulatory requirements.
b) The Vernon Building Society process your personal information to enable it to provide a service for its members and
customers which includes managing your accounts, assessing applications, insurance management, debt management, performing
statistical analysis, performing credit reference and electoral register searches, sharing data with credit reference agencies,
maintaining its accounts and records, supporting staff training and development, promoting its services; undertaking market
research and the provision of financial services and advice.
c) If false and inaccurate information is provided and fraud is identified, your details will be passed to fraud
prevention agencies.
d) Where an application is being supported by personal guarantee, it may occasionally be necessary to disclose details of
the borrower’s financial information to the guarantor.
e) The Vernon Building Society requires a lawful reason to process your personal data and for some processing more than one
legal basis may be relevant (except where the Society relies on Consent). The Society uses the following reasons to process your
personal data; Consent, Performance of a Contract, Legal Obligation and LegitimateInterests.
CREDIT CHECKS
In order to process your application we will supply your personal information to Credit Reference Agencies (CRAs) and they will
give us information about you, such as about your financial history. We do this to assess creditworthiness and product suitability,
check your identity, manage your account, trace and recover debts and prevent criminal activity.
We will also continue to exchange information about you with CRAs on an ongoing basis, including about your settled accounts
and any debts not fully repaid on time. CRAs will share your information with other organisations. Your data will also be linked to
the data of your spouse, any joint applicants or other financial associates.
The identities of the CRAs, and the ways in which they use and share personal information, are explained in more detail within
our privacy policy, available at request.
