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    • missk2018
    • By missk2018 4th Jan 18, 2:37 PM
    • 1Posts
    • 0Thanks
    missk2018
    How reliable are aip/dip's
    • #1
    • 4th Jan 18, 2:37 PM
    How reliable are aip/dip's 4th Jan 18 at 2:37 PM
    Hi

    Been looking for advice regarding how reliable aip/dip's are with NatWest and Halifax, we will be looking to buy and roughly will need a £55000 mortgage problem is Halifax said they could only lend us £12000 where as NatWest said they could lend us anywhere upto £107000 seems like a bit of big difference between them not sure if I should believe what NatWest are stating obviously I know this will be due to credit checks and document checks etc if anyone has any advice regarding this it would be a great help thanks
Page 1
    • ACG
    • By ACG 4th Jan 18, 3:03 PM
    • 16,100 Posts
    • 8,278 Thanks
    ACG
    • #2
    • 4th Jan 18, 3:03 PM
    • #2
    • 4th Jan 18, 3:03 PM
    Someone posting something similar to this recently. There will be something wrong for there to be such a big difference.

    The DIPs are only as reliable as the information entered but also as they are only soft footprints at best (I do not think the natwest one does a credit check) then they will not be the most accurate, but more of an indication at best.
    I am a Mortgage Adviser
    You 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.
    • Dolly123
    • By Dolly123 4th Jan 18, 8:43 PM
    • 112 Posts
    • 8 Thanks
    Dolly123
    • #3
    • 4th Jan 18, 8:43 PM
    • #3
    • 4th Jan 18, 8:43 PM
    Ours was similar, Halifax wouldn't lend enough yet Natwest would lend £100k more than we need, our AIP from Natwest was through a broker so I was under the impression it was a hard credit check?
    • ACG
    • By ACG 4th Jan 18, 9:36 PM
    • 16,100 Posts
    • 8,278 Thanks
    ACG
    • #4
    • 4th Jan 18, 9:36 PM
    • #4
    • 4th Jan 18, 9:36 PM
    Hard footprint through a broker - I have never had them go back on a DIP decision.
    But soft footprint (if any) if done on the natwest website.
    I am a Mortgage Adviser
    You 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.
    • Dolly123
    • By Dolly123 4th Jan 18, 10:33 PM
    • 112 Posts
    • 8 Thanks
    Dolly123
    • #5
    • 4th Jan 18, 10:33 PM
    • #5
    • 4th Jan 18, 10:33 PM
    Ace this makes me smile! although I am one in a million so I won't count my chickens just yet! ha!
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