AIP approved - worrying about getting mortgage?

Madsd26

Hi, my partner and I are first time buyers using HTB. We have 5% deposit and would be looking at. £195k mortgage, our broker applied for a decision in principle and we got approved £208k (6 months ago we tried and got £193k due to adverse credit). I have a number of defaults on my credit report but nothing more recent than October 2017. Since then all payments have been made on time (I only have car finance, phone and insurance as commitments) and I haven’t had any credit since, I have savings also - my credit score has gone from very poor to good (I know you’ll say this is irrelevant but it must mean my credit has improved!) anyway my broker had all details of defaults when he applied for our AIP and obviously it’s come back a lot more than what we actually need - however I am now panicking that we will fall at the last hurdle and get declined for the real thing?! The AIP is wirh Halifax - what are the chances of this all going up the wall now due to credit history? Will they of done much of a thorough check?

MovingForwards

How much do you each earn?
How much deposit do you have?
Dates and amounts of defaults? Have they now been settled?
Any late payments?
Any CCJ /iVA /DRO / bankruptcy?
Any payday loans? If so, when and when were they paid off?
What debts / amounts?
Any overdraft? If so, do you use it each month?

Halifax are one of the more lenient mortgage companies.

LawAbiding

It's fascinating how different brokers have different opinions.

I have settled defaults over 4 years old and was told I would not stand a chance with high Street lenders.

Good luck, don't over worry and trust your broker

Madsd26

Affordability is not the issue - we earn approx 45k a year between us and £13k deposit.
Don’t know exact dates and amounts as this is a while ago and instead of going through it I gave my broker a copy of my credit report.
Have never had any ccjs/Iva’s/loans/bankruptcy etc
And no as stated no other debts and no over draft - I do have car but this has been declared.
I am basically asking how thorough these Aips are and if given the fact we gave them my history there is much chance of being declined now?

Madsd26

And yes all defaults were settled no later than October 2017 as my post says

[Deleted User]

Halifax have never in my entire 15 year career i this industry changed their credit decision after AIP as long as all info was put in correctly.

They don't ask to itemise the defaults or anything, they pick it all up from credit search.

There is a question on the aip system that asks 'has the applicant ever missed a payment blah blah blah'. As long as that is ticked yes and it passes the credit score then it will be fine