FreeAgent + Mortgage Application: Complete Workflow
Preparing for mortgage application and using FreeAgent? Mortgage lenders require 3-6 months of bank statements to verify income and assess affordability. Manually organising these statements is time-consuming for both applicants and brokers. BankScan AI bridges the gap between your bank's PDF statements and FreeAgent's import feature.
BankScan AI → FreeAgent for Mortgage Application
Convert bank statement PDFs to CSV / OFX formatted for FreeAgent import. Convert your bank statements to clean Excel spreadsheets that clearly show income, regular outgoings, and spending patterns — exactly what mortgage lenders need to see.
How It Works
Upload your bank statement PDF
Supports all major banks. Upload 3-6 months of statements, though some lenders request 12 months for self-employed applicants of statements.
AI formats for FreeAgent
Output as CSV / OFX with Date, Description, Amount (single column) — FreeAgent also accepts OFX files which skip the column mapping step entirely — dates in DD/MM/YYYY.
Import and use for mortgage application
Upload into FreeAgent and use the reconciled data for mortgage application.
Supported Banks
BankScan AI works with all major UK and US banks, including:
FreeAgent + Mortgage Application Features
- FreeAgent ready — Output formatted as CSV / OFX matching FreeAgent's expected column structure
- Smart integration — FreeAgent automatically estimates your tax bill in real-time as transactions are imported, giving sole traders an up-to-date picture of their tax liability.
- Built for Mortgage Application — Convert your bank statements to clean Excel spreadsheets that clearly show income, regular outgoings, and spending patterns — exactly what mortgage lenders need to see.
Import for Mortgage Application into FreeAgent
After converting your bank statements for mortgage application:
- In FreeAgent, go to Banking > select your account > Import Bank Statement
- Choose CSV or OFX format, upload the file, and FreeAgent will parse the transactions automatically
Common Import Issues
FreeAgent can struggle with CSV files that have extra header rows or summary rows at the bottom. Ensure only transaction data rows are included.
FreeAgent Import for Mortgage Application
Mortgage offers typically expire in 3-6 months; brokers often need documents within 48 hours to secure a rate lock
Convert for FreeAgent + Mortgage Application