last minute audit on mortgage application...

housebuyer75

MA has just called me, i am due to complete on newbuild next week!
Mortgage offer came in about 3 months ago from Halifax and is valid for 6 months, so why are they auditing me now?

I am currently down in devon seeing family so cant get hold of two most recent payslips till im home and can get into work to print them..

My MA says the ones leading up to the mortgage offer should be okay, but they might not be.
Should i head home to deal with this? Wasnt due to return for a few more days, but want this sorted.

Do you think the payslips/statements leading up to the mortgage offer will be okay? or will they need the most recent ones?

very stressed as you can imagine so any help welcome!! :eek:

GMS

Ask your adviser what is needed. They are going to give the accurate answer.

Could you not contact your HR department and ask them to provide the payslips to your adviser?

housebuyer75

Yes i can give them a call and ask them to print them off and send over to my MA, just concerned as i work for such small company, if the hr lady is off work no one else will have access as they outsourse the payslips/payroll :-/

redapple1

Oh gosh I'd be panicking too! We are going with Halifax too. Exchange on 23td and complete the week after. I hope it all works out ok.

kingstreet

1 in 12 Halifax applications are audited at random to ensure there has been no attempt to defraud using the fast-track system to avoid the evidence of income rules. Often, the solicitor sending the report on title triggers the audit.

Provided the evidence backs up the information provided on the application, there should be no problem.

If completion is next week, you need to sort this quickly.

housebuyer75

i know right! how can they just reaudit the week we due to complete!!
all info is still correct so dont think i need to worry... but it is a worry
:-/

housebuyer75

kingstreet wrote: »

1 in 12 Halifax applications are audited at random to ensure there has been no attempt to defraud using the fast-track system to avoid the evidence of income rules. Often, the solicitor sending the report on title triggers the audit.

Provided the evidence backs up the information provided on the application, there should be no problem.

If completion is next week, you need to sort this quickly.

Hi, thanks for this...
when you say 'the solicitor sending the report on the title' is this what occurs just before completion? or could this have occured at exchange? novice so sorry if silly question!

kingstreet

It's the form the solicitor submits to the lender when he requests the money. It's done just before completion.

housebuyer75

kingstreet wrote: »

It's the form the solicitor submits to the lender when he requests the money. It's done just before completion.

ah okay thanks so this is totally random, as you said just 1/12 gets picked out?
So not something wrong in my application jsut bad luck!

DiscoCat54

Hi housebuyer75. When did you exchange?

housebuyer75

DiscoCat54 wrote: »

Hi housebuyer75. When did you exchange?

Almost 2 months ago now!