Is a final credit check at completion?

hoops77

Common place with the halifax?

ethank

This is normally standard practice for all lenders.

Put yourself in their position, would you lend hundreds of thousands of pounds without conducting final checks?

amnblog

Halifax keep an eye on the file throughout the application.

Mortgagemeltdown

Hi there,

I completed with the Halifax last week and so far no further credit check at completion has appeared on my credit file.

I had one at DIP (January), one at full application (January again - in fact the day after the DIP), and then another one back in March where I had to have the mortgage offer altered after renegotiation of price. But nothing since then which I thought was odd since quite some time had lapsed since the re-offer in March, to the drawdown of the funds at the very very end of June.

However, happy to say I am now a home owner thanks to the Halifax!

Goldiegirl

When I worked at the Halifax up until 5 years ago a credit check at completion wasn't standard.

However, sometimes it was necessary to make a late change to the mortgage offer, which would result in a credit check.

So they might credit check you or they might not.

Of course, a lot has changed in 5 years, so they might credit check you anyway.