📨 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!

Do nationwide re-credit check before completion

Options
13»

Comments

  • Teaandtoast0124
    Teaandtoast0124 Posts: 150 Forumite
    So kingstreet. By reading that, does it mean they wont re-credit check if you complete within 30 days. But they will re-credit check if you complete after 30 days?
  • kingstreet
    kingstreet Posts: 39,265 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    No. Wrong end of stick.

    She is saying no further credit check is required if you move from DIP to full application within thirty days, but evidence here suggests otherwise, so I'm not sure what I've been told is accurate.
    I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.
  • miss_sparkle
    miss_sparkle Posts: 63 Forumite
    We applied back at the end of September, had 1 credit check done, mortgage offer was received within a week. We are buying a new build to.
    Completing 2moro no other searches have been done so far!

    We had a email from nationwide today saying good news, your solicitor has requested release of funds 11/03/15 etc etc

    Does that mean that they have now sent the payment over anyone know? Our solicitor left early today so she's calling in the morning instead, they are doing it CHAPS
  • Landofwood
    Landofwood Posts: 765 Forumite
    justcat wrote: »
    I just thought I'd add that going by this thread

    Nuzik is not a broker or adviser.

    Obviously, the signature says that their status isn't checked so this clearly rings true here.

    Nice catch. His response in this thread makes no sense.
  • Teaandtoast0124
    Teaandtoast0124 Posts: 150 Forumite
    miss_sparkle wrote: »
    We applied back at the end of September, had 1 credit check done, mortgage offer was received within a week. We are buying a new build to.
    Completing 2moro no other searches have been done so far!

    We had a email from nationwide today saying good news, your solicitor has requested release of funds 11/03/15 etc etc

    Does that mean that they have now sent the payment over anyone know? Our solicitor left early today so she's calling in the morning instead, they are doing it CHAPS

    Exciting times :) your offer was not far off to expiring. Let me no if they did do another credit check on you :)
  • STG_2015
    STG_2015 Posts: 44 Forumite
    How tight! You'd think they could stretch to a 1st class stamp :p
  • ethank
    ethank Posts: 2,197 Forumite
    Holiday Haggler I've been Money Tipped!
    I got a further credit check by Nationwide a couple of days before they released the funds to my solicitor.
  • Teaandtoast0124
    Teaandtoast0124 Posts: 150 Forumite
    How long was it from your offer to completion?
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.1K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.6K Spending & Discounts
  • 244.1K Work, Benefits & Business
  • 599.1K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.
Update Your Picture