FTB Halifax mortgage questions

Kenstar101

Forgot to mention it's a new build and I've got help to buy @20% and my 5% deposit.
Just wondering how much longer I've got to wait and whether I stand a good chance of getting offer from Halifax?
Any feedback would be much appreciated.

MovingForwards

Kenstar101 wrote: »

Hi guys,
I am a FTB, a contractor for 5 years going, using a broker and my timeline so far is:
23/10 - DIP received from Halifax after soft credit search on all 3 credit agencies..
23/10 - Full application submitted, £200 valuation paid, hard credit search on same day showing on all 3 credit agencies.
Halifax only requested for my contract which my MA supplied showing last 2years history with same client and no break.
My credit profile is good, have 1 loan of 10k, 2 car PCP, and 1 credit card of 1k, and stay within my 5k overdraft.
My MA said that Halifax should return when they've finished reviewing docs and valuation next week.

Just wondering if anyone could just put my mind to rest as I'm already starting to worry.
@kingstreet, maybe you could also. Much appreciated all.

Start your own thread as we will read this one and answer the original poster.

You may also want to add you annual salary, explain why you have 2x PCP, when yourloan ends, how much you are looking to borrow and why you use your overdraft (lenders don't like people regularly being in their overdraft as it shows money management issues) and whether you have a partner living with you / kids etc.

Live4pride

Kenstar101 Wondering if you have heard anythng since then?