Halifax Underwriter or Online Aprovel

sharewithsunny

Very first Post
I am going tomorrow 4oct to Halifax
I am a FTB joint application with my Mrs. £124k house , £14K savings (Deposit)
total income for both £30k
I have a question about Halifax approval system, do they have online Logarithm system to approve mortgage or they always use human underwriters.
I heard if you are (A Rating) customer after AIP then there is no interference of underwriters. and they approve you straight away and process for valuation after doing the full application at their branch.
CAN I HAVE A REPLY BEFORE WE GO TO OUR APPOINTMENT PLEASE

gj373

I don't know but interested as to why you think it matters?

sharewithsunny

to speed up the procedure, as the house is really a bargain, and i dont want to loose it.

[Deleted User]

sharewithsunny wrote: »

Very first Post
I am going tomorrow 4oct to Halifax
I am a FTB joint application with my Mrs. £124k house , £14K savings (Deposit)
total income for both £30k
I have a question about Halifax approval system, do they have online Logarithm system to approve mortgage or they always use human underwriters.
I heard if you are (A Rating) customer after AIP then there is no interference of underwriters. and they approve you straight away and process for valuation after doing the full application at their branch.
CAN I HAVE A REPLY BEFORE WE GO TO OUR APPOINTMENT PLEASE

Their computer system does the underwriting and their humans check the documents to make sure the computer had the correct information to make its decision. The level of pass doesnt dictate the level of underwriting. I have C passes that still just get verify documents and go straight to offer subject to valuation

Complex cases like 1 year self emplyed get sent for manual underwriting. And some cases are pulled at random for manual underwriting as well

Jarviscocker

It was very quick with me.... when they managed to open my folder and also read my tax return properly

sharewithsunny

UPDATE
i went Halifax yesterday i.e friday they did aip and eligible for 147k asked 111k 13k deposit
They instructed the valuation. 1 thing they are asking is the full hour pay slip of me mrs before maternity leave. But she has variable hours during pregnancy and none of the month had 160 hours. She was 7 month pregnant when she went to Meternity leave.
She has returned to work 2 weeks ago full time. With the employer letter of full time work offer
So dono how to get rid of this one and only requirement.
Any advice is highly requested.

[Deleted User]

I would guess you have declared her going back on a certain income? In which case they want to see proof she was earning that. Maybe 3 months payslips if it shows the average. If you are finding it impossible they will just issue an employers reference request

sharewithsunny

We have provided an employer letter stating that she has now returned yo work 40hours a week. And also the 1st payslip after returning to work. Which was 2 weeks full time. Coz in the salary month she had 2 weeks of working. 24th to 23rd every month.
Wondering if the employer has already issued a letter for full time work after maternity then why still asked the slips
Anyways i sent the pay slips before maternity leave i.e about 135 hour for 1 month and 140 for the 2nd month. I sent them on the same eve of application i.e friday. I was told valuation was instructed. Finger crossed they dont ask anything more.

[Deleted User]

They will probably send an employers referebxe if they can't get what they need. It's a common next step for Halifax. Usually they are quick to come back as long as you give them a contact other than a generic hr address. They used to fax them but I'm pretty sure they email them now

Joewasherein2019

I think all mortgages application have a human go over them manually given the amount of money being borrowed.

Having a credit rating won’t make much difference I don’t think because a credit rating isn’t real as lenders criteria are all different.

sharewithsunny

The valuation was instructed on friday, how long will take to literally book the valuation and complete it? Or they will get employer HR stuff done first?