Due to complete - Questions
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Mo87
Posts: 56 Forumite
Hi Guys,
So I am due to complete on the 29th (My mortgage expires on the 30th) after much delays.
My solicitors have exchanged contracts with the sellers solicitors confirming the date will 100% be this date as they are fully aware that under my contract if my mortgage expires I am able to withdraw penalty free.
Funds have been requested from Halifax for the 28th to allow early completion on the 29th.
My question is this:
1. Are Halifax likely to run any further checks before completion ?
2. I wanted to have my Sky TV and Broadband installed ready for completion day but aware both BT and Sky do run a ‘Credit/Identity Check’ would this have any impact on me completing hitch free. I spoke to Halifax as I was unable to get hold of my broker and she said she couldn’t see it being a problem as it’s not borrowing ?
Thanks
So I am due to complete on the 29th (My mortgage expires on the 30th) after much delays.
My solicitors have exchanged contracts with the sellers solicitors confirming the date will 100% be this date as they are fully aware that under my contract if my mortgage expires I am able to withdraw penalty free.
Funds have been requested from Halifax for the 28th to allow early completion on the 29th.
My question is this:
1. Are Halifax likely to run any further checks before completion ?
2. I wanted to have my Sky TV and Broadband installed ready for completion day but aware both BT and Sky do run a ‘Credit/Identity Check’ would this have any impact on me completing hitch free. I spoke to Halifax as I was unable to get hold of my broker and she said she couldn’t see it being a problem as it’s not borrowing ?
Thanks
0
Comments
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Its not borrowing, but they are commitments and they are credit checks. I would hold off.
Unlikely they will do further checks, but not impossible.
Could you imagine having BT and sky but no house? It is not worth the risk.I am a Mortgage AdviserYou should note that this site doesn't check my status as a mortgage adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0 -
I'm in the same position. Even Royal Mail did an ID check on my credit file for the mail redirection but that was a soft search thankfully. I'm holding off on anything that would run a credit search - I even paid for the building insurance in full to prevent a credit search!0
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