Halifax Valuation Timeline/ Underwriter

Lindsey4123

Hi I have recently got a DIP with Halifax so made an offer on a house and got accepted.I have a default on my credit score from 2016 and it was paid off in September 2020. We have paid a 15% and have a HTB as we are FTB just wondering if someone could help me as I’m a nervous wreck 
06.11.20 made the full application 
09.11.20 email from MB asking for more of a background story on my default? Is this normal for Halifax to ask this l? 

09.11.20 got an email to say valuation has been booked for 11.11.20

does this mean my credit scoring has been mostly done and they are going ahead with valuation? If I had of failed the credit check would they have sent it for valuation?

Whole process is so nerve wrecking 😫😫 

Lindsey4123

Lindsey4123 said:

Hi I have recently got a DIP with Halifax so made an offer on a house and got accepted.I have a default on my credit score from 2016 and it was paid off in September 2020. We have paid a 15% and have a HTB as we are FTB just wondering if someone could help me as I’m a nervous wreck 
06.11.20 made the full application 
09.11.20 email from MB asking for more of a background story on my default? Is this normal for Halifax to ask this l? 

09.11.20 got an email to say valuation has been booked for 11.11.20

does this mean my credit scoring has been mostly done and they are going ahead with valuation? If I had of failed the credit check would they have sent it for valuation?

Whole process is so nerve wrecking 😫😫 

I forgot to say my partners credit score is squeaky clean and nothing on it 

khanji17

My application went to Halifax via MB, was told by the MB that Halifax books valuation before sending the application to the underwriters so not really any relevance.  Lindsey4123 said:

Hi I have recently got a DIP with Halifax so made an offer on a house and got accepted.I have a default on my credit score from 2016 and it was paid off in September 2020. We have paid a 15% and have a HTB as we are FTB just wondering if someone could help me as I’m a nervous wreck 
06.11.20 made the full application 
09.11.20 email from MB asking for more of a background story on my default? Is this normal for Halifax to ask this l? 

09.11.20 got an email to say valuation has been booked for 11.11.20

does this mean my credit scoring has been mostly done and they are going ahead with valuation? If I had of failed the credit check would they have sent it for valuation?

Whole process is so nerve wrecking 😫😫 

Lindsey4123

khanji17 said:

 My application went to Halifax via MB, was told by the MB that Halifax books valuation before sending the application to the underwriters so not really any relevance.  Lindsey4123 said:

Hi I have recently got a DIP with Halifax so made an offer on a house and got accepted.I have a default on my credit score from 2016 and it was paid off in September 2020. We have paid a 15% and have a HTB as we are FTB just wondering if someone could help me as I’m a nervous wreck 
06.11.20 made the full application 
09.11.20 email from MB asking for more of a background story on my default? Is this normal for Halifax to ask this l? 

09.11.20 got an email to say valuation has been booked for 11.11.20

does this mean my credit scoring has been mostly done and they are going ahead with valuation? If I had of failed the credit check would they have sent it for valuation?

Whole process is so nerve wrecking 😫😫 

Aww okay thank you still have to worry about going through the underwriters then 😫 hopefully everything will be okay and I hear back soon 

jrrrrj

Lindsey4123 said:

khanji17 said:

 My application went to Halifax via MB, was told by the MB that Halifax books valuation before sending the application to the underwriters so not really any relevance.  Lindsey4123 said:

Hi I have recently got a DIP with Halifax so made an offer on a house and got accepted.I have a default on my credit score from 2016 and it was paid off in September 2020. We have paid a 15% and have a HTB as we are FTB just wondering if someone could help me as I’m a nervous wreck 
06.11.20 made the full application 
09.11.20 email from MB asking for more of a background story on my default? Is this normal for Halifax to ask this l? 

09.11.20 got an email to say valuation has been booked for 11.11.20

does this mean my credit scoring has been mostly done and they are going ahead with valuation? If I had of failed the credit check would they have sent it for valuation?

Whole process is so nerve wrecking 😫😫 

Aww okay thank you still have to worry about going through the underwriters then 😫 hopefully everything will be okay and I hear back soon 

I went from AIP to offer in 8 working days. They even moved my valuation forward by one day (without me knowing), because the surveyor had capacity. Offer arrived the following dayS

Good luck! 

Lindsey4123

I went from AIP to offer in 8 working days. They even moved my valuation forward by one day (without me knowing), because the surveyor had capacity. Offer arrived the following dayS

Good luck! 

Thank you! Hopefully it might not even go to underwriter and I get my decision a couple of days after my valuation 

FLB2796

Be totally honest with them, we put our application through in September and we told them everything about a recent default that had been removed. They didn’t question it again after that. Good luck I know it’s nerve wracking but hopefully you’ll be fine. A DIP is a good indication if your credit score fits the criteria.

Lindsey4123

FLB2796 said:

Be totally honest with them, we put our application through in September and we told them everything about a recent default that had been removed. They didn’t question it again after that. Good luck I know it’s nerve wracking but hopefully you’ll be fine. A DIP is a good indication if your credit score fits the criteria.

Yeah on my application I was totally honest and got my mortgage adviser to say I had one. Then they emailed him to ask a little bit more about it and I was honest and they haven’t replied with anymore questions since so I’m hoping there okay with it. Thank you! 

CosmosDad

Hey,

Our timeline with Halifax via Habito below:

06/11 - Applied for mortgage via broker

06/11- Soft & hard searches done (2 each)
09/11 - Desktop valuation was booked in for 11/11

10/11 - Offer received via broker 

Still blown away how quickly everything was sorted - all in all it didn't even take 3 working days!!

We had some very bad experiences with HSBC and Metro Bank before, so can't recommend Halifax and Habito highly enough.

Good luck everyone!!

Lindsey4123

CosmosDad said:

Hey,

Our timeline with Halifax via Habito below:

06/11 - Applied for mortgage via broker

06/11- Soft & hard searches done (2 each)
09/11 - Desktop valuation was booked in for 11/11

10/11 - Offer received via broker 

Still blown away how quickly everything was sorted - all in all it didn't even take 3 working days!!

We had some very bad experiences with HSBC and Metro Bank before, so can't recommend Halifax and Habito highly enough.

Good luck everyone!!

Thank you! Had the valuation done today so I’m hoping we here back in the next couple of days  🤞