Halifax Full Application

dillmin

Hi all, new to the forums...

I'm currently waiting to hear from the Halifax on my full application, on a 95% LTV New Build... Full application was submitted just over 3 weeks ago, bank stats, P60's and pay slips were sent over to the Halifax a week ago via our Financial Advisor, whom constantly advises me 'in the world of Buying, no news is good news'... It seems like a hell of a long time? However compleition on our Apartment is December. Again as most of the guys on here seem to repeat, I'm a worrier! Keeping, fingers, toes, legs and arms crossed! Thanks.

Kt8

We put full application in on a Friday and approved on the Monday. Valuer sent out and mortgage offer week after.
This was start of April. Our brokers took copies of everything on full application. New build 25% deposit
Ltv 75%

I've heard halifax can be quick and then slow just totally pot luck fingers crossed for you you will be fine good luck xxx

dillmin

Cheers Kt8... Yeah as you say our valuation was done on the 17th of May, have all the confirmation of this back... Was hoping to hear back whether we'd been accepted for the Mortgage by now! Want to buy stuff for our apartment! lol... Rather stressful!

HoneyAndLemon

I thought the highest halifax LTV was 90%?

Kt8

I'd get your broker to chase it .. Peace of mind .. Sure you'll hear something back this week

dillmin

There's a NewBuy scheme on most New Build homes/apartments, Halifax are one of the lenders whom are willing to deliver a 95% Mortgage!

Noddy32

Our valuation was carried out last Thursday and we got mortgage offer yesterday which is quick given the bank holiday. Good luck:)

dillmin

Thanks Noddy... As stated my valuation was done on the 17th of May, will be 2 weeks this coming Friday! Great news on your offer! As Kt8 mentioned, I'm hoping to hear back by the end of this week!

dillmin

Wow!! Got home to find on the door matt my mortgage offer! Couldnt be happier!

Goldiegirl

Kt8 wrote: »

We put full application in on a Friday and approved on the Monday. Valuer sent out and mortgage offer week after.
This was start of April. Our brokers took copies of everything on full application. New build 25% deposit
Ltv 75%

I've heard halifax can be quick and then slow just totally pot luck fingers crossed for you you will be fine good luck xxx

A 75% mortgage needs a lot less underwriting than a 95% one, so a lower LTV can mean a speedier offer.

But I see the OP's offer is now received, so it's all good!

Kt8

Well done OP great news xx