We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Santander credit search 'first mortgage' question
rizla83
Posts: 60 Forumite
Hi Folks,
We have been given a agreement in principle from Santander for a 95% mortgage on a 95k property.
I have read that there are 'soft' and 'hard' searches. Does the fact that ours has appeared as 'search type: First Mortgage' mean that we have had a hard search?
we are just trying to find out if there will be a further search or if they have seen all they need to in terms of the credit file?
The broker did say to my partner that it would have left a foot print if rejected so i assume it was a hard search.
If you get an agreement in principle from a hard search does that mean a better chance of the full application going through ok?
thanks guys - you know what its like getting a first mortgage. Constant questions and 'wonderings' lol.
We have been given a agreement in principle from Santander for a 95% mortgage on a 95k property.
I have read that there are 'soft' and 'hard' searches. Does the fact that ours has appeared as 'search type: First Mortgage' mean that we have had a hard search?
we are just trying to find out if there will be a further search or if they have seen all they need to in terms of the credit file?
The broker did say to my partner that it would have left a foot print if rejected so i assume it was a hard search.
If you get an agreement in principle from a hard search does that mean a better chance of the full application going through ok?
thanks guys - you know what its like getting a first mortgage. Constant questions and 'wonderings' lol.
0
Comments
-
Not sure, I'm sure someone in here will know for sure0
-
Hard search.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.3K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.3K Spending & Discounts
- 245.3K Work, Benefits & Business
- 601.1K Mortgages, Homes & Bills
- 177.5K Life & Family
- 259.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards