Halifax Mortgage

Destiny2017

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.

csgohan4

likely you have passed scoring, but you won't know fully until valuation has come back with no issues as well.

Destiny2017

Thanks - Halifax have been very quick to instruct survey so feeling hopeful!

kingstreet

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.

Destiny2017

Thanks - survey already arranged for beginning of next week so hopefully, they don't need any other info!

SteveA12345

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?

kingstreet

Lenders can't but their surveyors certainly can.