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Halifax DIP anxious
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fluffybanana
Posts: 6 Forumite
Hey! First time poster - long time reader!!
So me and my husband have been through the ringer. We reserved our dream new build house back in Feb after selling STC on current house. Appointed a broker, applied for a mortgage with Precise and had our application declined due to undisclosed defaults that showed up on our credit file (I declared everything I believed was relevant at the start, but we went into the whole process quite naive and didn't anticipate the level of scrutiny involved, and our broker didn't warn us).
So our broker then put an application through with The Mortgage Lender (everything declared). Then covid happened and our lender withdrew application. Grrrr!
The developers started to get pushy for us to exchange and were getting impatient that we hadn't secured a mortgage. So we appointed a new broker (as our original was sooooo slow and seemed to be asking us for the same documents multiple times and misinforming us!)
Somehow, our new MB got us a DIP with Halifax.
My husband had a reposession over 8 years ago and I'm worried it will lead to a rejection. We've told our broker and he seems very disinterested as it was so long ago, but as we've had so many knock backs I'm really worried. Our MB seems really confident, but I'm sceptical as we've been rejected by so called "specialist lenders" why on earth would a high street bank accept us?? Any reassurace would be greatly received!
So me and my husband have been through the ringer. We reserved our dream new build house back in Feb after selling STC on current house. Appointed a broker, applied for a mortgage with Precise and had our application declined due to undisclosed defaults that showed up on our credit file (I declared everything I believed was relevant at the start, but we went into the whole process quite naive and didn't anticipate the level of scrutiny involved, and our broker didn't warn us).
So our broker then put an application through with The Mortgage Lender (everything declared). Then covid happened and our lender withdrew application. Grrrr!
The developers started to get pushy for us to exchange and were getting impatient that we hadn't secured a mortgage. So we appointed a new broker (as our original was sooooo slow and seemed to be asking us for the same documents multiple times and misinforming us!)
Somehow, our new MB got us a DIP with Halifax.
My husband had a reposession over 8 years ago and I'm worried it will lead to a rejection. We've told our broker and he seems very disinterested as it was so long ago, but as we've had so many knock backs I'm really worried. Our MB seems really confident, but I'm sceptical as we've been rejected by so called "specialist lenders" why on earth would a high street bank accept us?? Any reassurace would be greatly received!
0
Comments
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Halifax are one of the very few high street lenders who are relaxed about historical issues.
https://www.halifax-intermediaries.co.uk/criteria/mortgage/default.aspx
Mortgage started 2020, aiming to clear 31/12/2029.1
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