PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Halifax DIP anxious

Options
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! 

Comments

Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.6K Spending & Discounts
  • 244K Work, Benefits & Business
  • 598.9K Mortgages, Homes & Bills
  • 176.9K Life & Family
  • 257.3K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.