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Halifax Mortgage
Destiny2017
Posts: 9 Forumite
Quick question, if a valuation has been instructed does that mean I've passed the credit scoring etc or are they likely to come back with wanting more info? I'm using a broker.
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Comments
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likely you have passed scoring, but you won't know fully until valuation has come back with no issues as well."It is prudent when shopping for something important, not to limit yourself to Pound land/Estate Agents"
G_M/ Bowlhead99 RIP0 -
Thanks - Halifax have been very quick to instruct survey so feeling hopeful!0
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Valuation instruction is done at point of submission so you should not read anything into this, other than you passed the credit search.
Once broker has uploaded documents and these are signed-off this means the mortgage then becomes subject to valuation.
The system normally won't instruct the valuation if there is a referral to a business assessor or credit decisioning.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 - survey already arranged for beginning of next week so hopefully, they don't need any other info!0
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Hi there. I'm in the same position as you. My valuation is on the 28th.
Is your home a new build? Ours is, I was wondering if mortgage lenders can down value the price of a new build property?0 -
Lenders can't but their surveyors certainly can.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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