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Multiple AIP/MIP- Damage credit profile

martinlewisjunior
martinlewisjunior Posts: 94 Forumite
Fifth Anniversary 10 Posts
in Mortgages & endowments
I'm sure this is repeated question on this forum but was wondering if anyone could help.

I've completed three mortgage in principles
- Two with Halifax (Soft Search)
- one with Natwest (Soft Search)

My question is , will this damage my credit profile? as I've done three and wanted to check out HSBC/ATOM bank to see what they would offer me?
Also can anyone answer why Natwest offered me a lot more than halifax, Would it be because Natwest has been my main bank since the start of time?

Thanks!
:j

Comments

  • ACG
    ACG Posts: 24,685 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    Why are you doing AIPs to see what they will lend you?
    Just check their affordability calculators.
    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.
  • glosoli
    glosoli Posts: 739 Forumite
    Eighth Anniversary 500 Posts Combo Breaker
    No they won't damage your credit file, nothing to worry about there.

    Every lender will have their own nuances and algorithms to determine how much they will lend to someone, any difference is highly unlikely to be down to loyalty just because you bank with them.
  • martinlewisjunior
    martinlewisjunior Posts: 94 Forumite
    Fifth Anniversary 10 Posts
    ACG wrote: »
    Why are you doing AIPs to see what they will lend you?
    Just check their affordability calculators.

    I did do the calculator and Halifax offered me 30k less...
  • ACG
    ACG Posts: 24,685 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    £30k less than the AIP?
    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.
  • amnblog
    amnblog Posts: 12,761 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    I suspect this will end in tears.

    The system is not designed for this approach to applying for a mortgage.

    If you insist on finding your own lending option - choose one and stick with it.
    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.
  • martinlewisjunior
    martinlewisjunior Posts: 94 Forumite
    Fifth Anniversary 10 Posts
    The AIP with Halifax came up 30k less than the AIP with Natwest
  • martinlewisjunior
    martinlewisjunior Posts: 94 Forumite
    Fifth Anniversary 10 Posts
    Going to a mortgage advisor today. Safer option
This discussion has been closed.
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