Halifax Valuation Timeline/ Underwriter

FLB2796

We’re having our physical valuation this morning on the property we’re buying. How quickly do you hear back? 

Carl2510

FLB2796 said:

We’re having our physical valuation this morning on the property we’re buying. How quickly do you hear back? 

I had my valuation on the Thursday 10/09 had the valuation report on the post on Monday 14/09 had my offer In the post on the 17/09

MaryNB

FLB2796 said:

We’re having our physical valuation this morning on the property we’re buying. How quickly do you hear back? 

The surveying company told me it would take about 1-2 days for the bank to receive the valuation. They ended up getting it the same day the survey was carried out and my offer was issued later that day. Although I only found that out when I rang Halifax for an update. My mortgage offer was sent via post and took over a week to arrive 

gje943

My application only took about a week to get accepted in June. 
Was due to exchange last week...final credit check from Halifax flagged up a "notice of correction" I'd added a few weeks ago to my Experian file. 
That resulted in my application automatically going back to pre-offer and getting sent to underwriters for "review and re-offer"........frustrating to say the least but my credit situation has actually improved since June so I'm pretty confident they'll just re-offer and let me exchange contracts. 

Strum88

We applied direct with Halifax on Monday 21st, and paid for the valuation. I spoke to Halifax yesterday to get an update on the valuation has been completed and our offer was sent on 26th which we are waiting to receive in the post.
Very surprised at how quickly it has gone!

FLB2796

gje943 said:

My application only took about a week to get accepted in June. 
Was due to exchange last week...final credit check from Halifax flagged up a "notice of correction" I'd added a few weeks ago to my Experian file. 
That resulted in my application automatically going back to pre-offer and getting sent to underwriters for "review and re-offer"........frustrating to say the least but my credit situation has actually improved since June so I'm pretty confident they'll just re-offer and let me exchange contracts. 

Have you heard anything yet? Ours has gone to the underwriter because a down valuation and a change of LTV

aloaaa

My current Timeline: 
21st September- MIP received with credit checks via Halifax
6th October- Application sent
7th October- Request for most recent bank statement and payslips
9th October- Request for Employment history
9th October- A notice that valuation has been booked for the 15th October 
 
I hope this means the application is now subject to valuation...
I'm so nervous as we have already received a rejection from Barclays for not fitting their 'criteria' 
We are using HTB and Husband is Self-employed 

JayNM

Similar here:
DIP through broker received on 20th Sept
Full Application submitted successfully and valuation paid for 24th Sept
Hard credit search 24th Sept
Halifax requested letter from my partners' employer stating she had returned to work from maternity and salary confirmation 28th Sept
Valuation carried out 8th October

We're using HTB.

aloaaa

JayNM said:

Similar here:
DIP through broker received on 20th Sept
Full Application submitted successfully and valuation paid for 24th Sept
Hard credit search 24th Sept
Halifax requested letter from my partners' employer stating she had returned to work from maternity and salary confirmation 28th Sept
Valuation carried out 8th October

We're using HTB.

Ooo let me know how you get on. It seems you're a week ahead of us as we went with Barclay's first and then got rejected. 
Good luck 

Minnie82

Super impressed with Halifax timeline. DH self employed, I had a vodafone default which is 2 years old, 1 year settled but under £250, my credit rating isnt great. We had aip declined by halifax with 2 different brokers but it was approved when i tried direct. 

Application was done 21st Sept, case handling needed another one of my pay slips which they asked for a week later, our product fee was taken on the 5th at 3.30pm and was sent to the underwriters that evening. Apparently we were fully approved and went to offer on the Friday. Paperwork should arrive today or tomorrow at the latest. For a self employed main applicant and not great credit 2nd applicant mid Covid I'm happy enough with that timeline, 3 weeks or thereabouts.