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Halifax have booked in valuation, does this mean credit checks are done?

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  • maccajock
    maccajock Posts: 3 Newbie
    Hi,

    Done AIP on 1.9.17
    Put offer on house 2.9.17
    Spoke to Halifax and completed initial phone application on 4.9.17
    Paid for homebuyer survey on 5.9.17
    Survey completed on 13.9.17
    Mortgage offer arrived in post 15.9.17

    Really quick TBH
  • Natbag
    Natbag Posts: 1,563 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Thanks so much maccajock, that's great to hear :)
    Property buying/selling timeline - currently into week 21
    04/12/20: Both properties listed for sale
    11/01/21: Offers accepted on both sales & on our joint purchase
     25/01/21: Identity checks completed, solicitors instructed
     27/01/21: Purchase survey & valuation complete, mortgage offer received 
     05/02/21: Reduction agreed on partner's sale (under-valuation) & on purchase. Mortgage offer amended
     08/02/21: Buyers pack returned to solicitor - sellers packs already returned
    26/02/21: Partner's sale contract signed
    10/03/21: Purchase searches all back
    16/03/21: My sale contract signed
    28/03/21: Purchase enquiries satisfied, Title Report & contracts issued, contracts signed & returned
    11/05/21: Still waiting on final enquiry in the adjoining chain to be resolved. Consent to break the chain granted, instruction to move to exchange given.
    17/05/21: All parties agreed to June 3rd for completion
    27/05/21: Exchanged on my sale only
    28/05/21: ALL EXCHANGED!
    03/06/21: Completion
  • Kpart1234
    Kpart1234 Posts: 5 Forumite
    Valuation is tomorrow. They have said green ticks by everything just valuation. Anyone know what will happen after tomorrow? How long till we here ?
    Feels like a life time away since we put the offered in but I was only 3 and half weeks ago
  • Kpart1234
    Kpart1234 Posts: 5 Forumite
    Want to move in after tomorrow ha. Just want tomorrow valuation to he done. One less thing to worry about
  • HGW2012
    HGW2012 Posts: 95 Forumite
    Kpart1234 wrote: »
    Valuation is tomorrow. They have said green ticks by everything just valuation. Anyone know what will happen after tomorrow? How long till we here ?
    Feels like a life time away since we put the offered in but I was only 3 and half weeks ago
    Are you having a home buyers survey as well as valuation?

    We had home buyers level 2 survey on the Thursday, and had a verbal offer from Halifax by the following Tuesday evening.

    Report was uploaded the Thursday after 1 week after the survey took place and we had the offer in the post from Halifax on the same day.

    If no report being carried out I imagine it would be a lot quicker.
  • Kpart1234
    Kpart1234 Posts: 5 Forumite
    They have said it is worth the amount and there green ticks by everything but they didn't actually say "mortgage offer is in the post" we are hoping that is it now.
    No just the valuation which I know isn't the most sensible but to honest we have saved enough for deposit and legal fees. The house is 15 years old.
    They solicitors want the money for the searches now they said they have the draft contract. As they use an external company for the search we are waiting for the mortgage offer to be in our hands then I'll pay for the searches just in case
  • Narkynewt
    Narkynewt Posts: 118 Forumite
    Sooo bringing this thread back to my original question...

    The credit checks have indeed been done, 3 of them to be precise! I m guessing 3 members of staff accessed my file so they definitely know about the defaults

    The valuation has been done,n just waiting for the offer :D
  • Narkynewt
    Narkynewt Posts: 118 Forumite
    Update: Full mortgage offer received. Just waiting for land checks etc to be completed then get a proper moving date. 3 weeks maximum. Woohoo!
  • saxo_appeal
    saxo_appeal Posts: 66 Forumite
    Part of the Furniture Combo Breaker
    Good news Narky

    Sigh of relief
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