mortgage offer on the way finally

smacky

kingstreet wrote: »

Yes. It should be fine.

Only an unforeseen issue, perhaps something wrong with the property could cause you a problem if everything was ok with the application.

Your documentation also has to match up with the data on the application form, but this is usually a formality.

hi King

i received a DIP yesterday n it says

loan is available for xxx amount (what i wanted)
subject to:

satisfactory assessment of property
and the information u supplied being correct


next steps

find property
provide 1 ID
1 secondary doc to verify applicant
sa302 for last 3 yrs
provide letter from accountant or last 2 yrs sa302
make sure property is insured
pay any fees

but it would still have not done full credit check right ?
as i provided solicitors details after receiving this

smacky

also this is almost diff then what the halifax branch gave me AIP as that required me to submit only sa302

kingstreet

Which lender is this?

You simply submit the documentation requested. The requirement may change as the case is processed. The list on the AIP letter may be not be exhaustive, if something is required later, you let them have it.

Each lender has its own way of doing things and the success of an application is going to be based on the information provided, the credit check/score, the supporting documentation and the valuer's report.

Once all those things are in-place and acceptable, an offer will be issued.

The first part of each full application may be an agreement in principle and this can be built on, immediately. So, an AIP can be a pass for a full application after twenty minutes and this would normally be the case if you've been asked for solicitor details and paid any fees.

smacky

kingstreet wrote: »

Which lender is this?

You simply submit the documentation requested. The requirement may change as the case is processed. The list on the AIP letter may be not be exhaustive, if something is required later, you let them have it.

Each lender has its own way of doing things and the success of an application is going to be based on the information provided, the credit check/score, the supporting documentation and the valuer's report.

Once all those things are in-place and acceptable, an offer will be issued.

The first part of each full application may be an agreement in principle and this can be built on, immediately. So, an AIP can be a pass for a full application after twenty minutes and this would normally be the case if you've been asked for solicitor details and paid any fees.

Hi its Halifax

got DIP , gave solicitor and payment details for valuation

i had submitted all the proofs before DIP (passport/sa302)

kingstreet

So, whoever did it went straight through the agreement in principle, through the full application to the submission, where you add the solicitor's details and pay the fees.

smacky

however i guess the full app hasnt been submitted coz it just says "mort quotation on experian cred report

i know am being impatient but its just that ABBEYS straight decline without even asking for doc makes me worry

:-(

kingstreet

If you've been asked for fee payment details and solicitor's details, I'd say a full application has been submitted.

Solicitor's details are requested before the decision is made, but you are only asked for fee payment details after the decision.

kingstreet

From other thread, to continue theme;-

When the application is submitted, it gets one of three decisions, accept, refer or decline.

Ask him outright what the screen said when he hit the submit button. If it's refer or decline, he should not have been asked for fee payment details, but I don't know if he was. He'd obviously asked you for them, but I don't know if the Halifax system asked him for them.

smacky

he said its done n dusted and they just need these things, weird part is no trace on experian

smacky

Hi

should the full app have been submitted on friday , it shud have reflected on experian by now ?