Mortgage Offer - will it be withdrawn?

G9G

I have had an official mortgage offer from Halifax but I am starting to become increasingly worried it is going to be withdrawn before completion.

I have bought a new build house for 296,995 which is due to be finished next month, I went through a mortgage broker and have received a mortgage offer from Halifax on 65% LTV.

Now, I had serious problems in the first place trying to get a mortgage from anyone for the following reasons -

- I work abroad and get paid from abroad in USD into an offshore account so considered non domicile for UK tax, although still a UK resident.
- I have a default on my report from 2010 for 2,345 GBP that was satisfied June 2013.

My concerns are that when I have done a bit of research, Halifax criteria is that they do not lend to expats or to people with defaults, both of which I have, is it possible the broker has hidden this info in some way and it may be found out down the line when they do checks before issuing the money? I have seen on my credit report that they have done two checks so surely the default would have shown up then? If it did why is it not been a problem?

I am a first time buyer so this is all new to me, so worrying myself about it until it is all complete!

chanz4

they will know about both, p.s halifax also search days before completion also

breakingbad

chanz4 wrote: »

halifax also search days before completion also

ooh that's interesting, do Nationwide do the same?

G9G - I'd say you'll be fine, chin up!

chanz4

can only speak from experience oon the above, not used nw before

G9G

Yeah I heard they do a check before given the money that's what was worrying me, but surely if they have done the two initial credit checks they should know everything by now!

Thanks garmcqui - trying my best, stressful times this house buying business!