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Mortgage offer
randomi15
Posts: 191 Forumite
Hi all,
Had valuation done and received firm offer to me and solicitor. Now while later they asking for more documents ?
Why?
Had valuation done and received firm offer to me and solicitor. Now while later they asking for more documents ?
Why?
0
Comments
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I am now quite worried0
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Who is requesting what?
If you posted because you want an answer, you really must give us more to work from.
Is this the result of a routine audit?
BTW if you edit a post within two minutes, it doesn't show as an edit so you don;t need two posts within one minute...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.0 -
Well it is the lender that asked for bank statements and some other questions
When called they said this is because of spot check . Not sure what this means though0 -
It means your case has been pulled for a routine audit.
They have requested the documents which would normally be required for a full status case, such as;-
ID/PoA
Three months payslips
Three months bank statements
Proof of deposit.
This happens. You need to submit your documents ASAP and this will be a simple, short process.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.0 -
Thanks for this.
I was really stressed
Does this mean the initial under writter randomly issues the offer?
They did ask for my payslip at the begining before issuing offer and now need bank statement0 -
Halifax?
You are asked for just one payslip as you score higher than others on its internal scoring chart (nothing to do with the Experian 999 bo**ox).
Then, one in twelve cases is pulled for routine audit where the usual "full status" documents are requested.
As long as it all stacks up, you'll be fine.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.0 -
Nice to know .
I guess this also has happened to you by halifax0 -
Funnily enough yes, in about 8.5% of our cases.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.0
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You work for halifax?0
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No. I'm an independent broker and Halifax is one of our regular lenders.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.0
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