Halifax Mortgage - Response time?

kilby_007

74hotspur wrote: »

Hi, mine was same day as full app(28th) and it said mortgage quotation, amount and term, maybe they haven't processed things yet, I was only asked to provide a payslip. I went through a broker, hopefully will hear back with decision at end of this week!! hate the not knowing

Oh and I also had the quotation search on the same day as application Along with an identity check.

74hotspur

Posts on this site suggest that valuation is only issued when everything else is ok, I'm not convinced that's the case as mine is still in processing and not with an underwriter as yet. I know about the costs mine was 565 and will be fuming if its wasted money!!

kilby_007

74hotspur wrote: »

Posts on this site suggest that valuation is only issued when everything else is ok, I'm not convinced that's the case as mine is still in processing and not with an underwriter as yet. I know about the costs mine was 565 and will be fuming if its wasted money!!

I don't think that's the case at all! They had already instructed the valuation before I handed them my pay slips and signed the 3rd Party Authority form.

kilby_007

74hotspur wrote: »

Posts on this site suggest that valuation is only issued when everything else is ok, I'm not convinced that's the case as mine is still in processing and not with an underwriter as yet. I know about the costs mine was 565 and will be fuming if its wasted money!!

Any news on yours yet? I emailed the guy who's processing mine today and no response. Tomorrow I will give them a ring I think and see what the status is.

Jahoooly

Thanks for your reply kilby! I have 'check my file' which gets all three CRA files and no bad history, but also no searches on my file are showing since October last year so Halifax definitely haven't done the full search yet.

One hung though is at one of my previous addresses my middle initial is wrong on the electoral roll... Does anyone reckon this will be a serious issue? So much stress going on at the moment to look into changing it!

Just found out my valuation isn't until 3rd July... Annoying!!!! At least they can hopefully credit check me properly in that time and finally make up their minds if they want to lend to me so I hopefully don't lose 430 quid on fee... It's so stressful not knowing!!!

kilby_007

Jahoooly wrote: »

Thanks for your reply kilby! I have 'check my file' which gets all three CRA files and no bad history, but also no searches on my file are showing since October last year so Halifax definitely haven't done the full search yet.

One hung though is at one of my previous addresses my middle initial is wrong on the electoral roll... Does anyone reckon this will be a serious issue? So much stress going on at the moment to look into changing it!

Just found out my valuation isn't until 3rd July... Annoying!!!! At least they can hopefully credit check me properly in that time and finally make up their minds if they want to lend to me so I hopefully don't lose 430 quid on fee... It's so stressful not knowing!!!

3rd July seems a long wait! It is probably down to the vendor not being available until that date. The way they will see it - if you haven't had your valuation yet then they might as well hold off doing your credit check until nearer the time.

I wouldn't worry about your initial being wrong on the electoral roll. Does it show up as a warning on any of your reports?

I've only been waiting for a week and I'm like a cat on hot bricks waiting. It's worse knowing that they could make the offer now if they pulled their finger out but they're stringing it out!

kilby_007

So... I eat my words (again). Just called for an update and they said offer sent out this morning! Yipeeee! 1 week from application to offer. Not bad going.

oxfordmark

Jahoooly wrote: »

Thanks for your reply kilby! I have 'check my file' which gets all three CRA files and no bad history, but also no searches on my file are showing since October last year so Halifax definitely haven't done the full search yet.

One hung though is at one of my previous addresses my middle initial is wrong on the electoral roll... Does anyone reckon this will be a serious issue? So much stress going on at the moment to look into changing it!

Just found out my valuation isn't until 3rd July... Annoying!!!! At least they can hopefully credit check me properly in that time and finally make up their minds if they want to lend to me so I hopefully don't lose 430 quid on fee... It's so stressful not knowing!!!

Hello

Don't Halifax go through a credit check during the AIP AND the main application?

3rd July is a long wait, i thought 25th June was bad enough.At least your documents have been checked by Halifax and not shown any problems. I am sure its now just a case of waiting for that valuation to come back then you will get that offer

kilby_007

oxfordmark wrote: »

Hello

Don't Halifax go through a credit check during the AIP AND the main application?

3rd July is a long wait, i thought 25th June was bad enough.At least your documents have been checked by Halifax and not shown any problems. I am sure its now just a case of waiting for that valuation to come back then you will get that offer

yes they did with me but if you don't bother to get an AIP and go straight into the main application then presumably they wouldn't bother with a quotation credit check.

74hotspur

I should hear back tomorrow, valuation was done and ok, guess just waiting for team to say yay or nay!!