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Hard or soft.....ahem!

Dave808_2
Dave808_2 Posts: 72 Forumite
Fourth Anniversary 10 Posts Combo Breaker
in Mortgages & endowments
Without the lender telling us how can we tell if they've done a hard or soft search for a mortgage on our credit files? Is there a difference in what we see when we look at our files? From my understanding (which is limited!!) we can see both if we log on to experian/Equifax

Comments

  • ACG
    ACG Posts: 24,690 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    Who was the lender?
    Was the check done online/in branch or with a broker?
    I am a Mortgage Adviser
    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.
  • kingstreet
    kingstreet Posts: 39,315 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    If it says "First Mortgage" it's a hard search.
    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.
  • alchemist.1
    alchemist.1 Posts: 860 Forumite
    edited 18 October 2015 at 12:45PM
    If it was a soft search it will usually show up as a quote not a credit check.
  • Dave808_2
    Dave808_2 Posts: 72 Forumite
    Fourth Anniversary 10 Posts Combo Breaker
    It comes under 'credit search'. It's with the Leeds. Been there since DIP so wondered if it was just a soft check and if there would be another.
  • alchemist.1
    alchemist.1 Posts: 860 Forumite
    Dave808 wrote: »
    It comes under 'credit search'. It's with the Leeds. Been there since DIP so wondered if it was just a soft check and if there would be another.

    Full credit check (Hard) by the sounds of it. Doesn't mean they won't do another one later on in the application.
  • Dave808_2
    Dave808_2 Posts: 72 Forumite
    Fourth Anniversary 10 Posts Combo Breaker
    Trying to second guess what's happening here! Still none the wiser
  • amnblog
    amnblog Posts: 12,764 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Why do you ask Dave?
    I am a Mortgage Broker

    You should note that this site doesn't check my status as a Mortgage Broker, 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.
This discussion has been closed.
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