Anyone got halfax mortgage within last year? After some reassurance nervous fab here.
We got approved in principle in August made offer on house
Start Sept did full application for mortgage.
Halifax did hard search on credit file
Mortage broker said approved subject to survey and valuation.
But they did offer 3k less than wanted they hinted to broker was undeclared credit but checked our credit file we have no debts.
Survey was about to happen sellers pulled out changed their mind.
Mortage broker said go find another house.
So we did and offer accepted.
No chain as we rent and seller wants to move into rented.
Survey and valuation done undervalued but halfiax seem happy as its valued more than we borrowing and we putting 22% deposit down.
Another lomg few days we get mortgage offer.
Our solicitors received our offer.
Doing life insurance tommorow.
Seller wants to move asap before xmas
His solicitor is being slow.
Ours says have few more searches and hopefully complete 20th December.
Don't want to give landlord notice until we exchange.
There's bit In mortgage offer I don't know is standard is pay off any remaining credit at completion.
We have no plans
Credit card is at 0 we only use it for emergency.
Same with small arranged overdraft we occasionally use.
Due to child benefit giving us extra income I added my husband's name to account its paid into this meant a credut check and search on file but we did this before full application.
But the hard check halfiax did at full application has lowered score from food to fair.
Reading all sorts things on mse that they do a 2nd credit check at exchange or completion is this true as been fairly short time frame sept 10th full application was booked.
The only thing thats changed is the initial credit check lowered score.
We taken out no new credit.
We have proof of deposit savings.
Thinking any insurance life and buildings both of which we will need will involve a credut check lowering score.
I'm probably being a stressed out paranoid loon.
At some point we have to arrange utilities.
Advice on mse is do nothing that will affect your credit file.
Until after completion.
I assume that means new car. Big loans. Racking up huge credit card bill.
Everything we told them is correct.
Income and job still the same.
Should exchange and completion go smoothly. From mortgage money point of view.
Will show solicitor all our balances.
Mortage advisor probably thinks im a stressed out look.