Yorkshire Building Society Pass or Super Pass?

terrysidrhi

Hi all, can someone explain what the difference between a pass and a super pass is?

My situation:

FTB with 10% deposit. I completed a mortgage application with a mortgage advisor in Yorkshire Building Society branch. She took all my payslips, ID. Went through all my history. I was told I met the affordability criteria comfortably. The advisor then ran through a credit check and it came back as accepted. Great I thought...but then the advisor said she would need to get the decision upgraded to a super pass. She finished off the application by taking my solicitors details and vendors details. I was given a printed version of the application form and asked to read through it, sign it and post it back with a cheque for the application fee.

I am a little concerned as I assumed credit decisions were a simple accept, declined or reffered. Never heard of this super pass. Can anyone shed any light on this please? Really concerned as I do not want to start paying fees and getting my hopes up only to find out they are going to turn me down because I did not get this so called super pass decision.

Any advice, comments would be appreciated.

Terry

kingstreet

No. Sorry.

They don't take business from brokers these days, so their foibles are only going to be known to other YBS borrowers who have experienced similar.