advice on Leeds Building Society mortgage application and being on flexiable furlough

hollybryan2013

Hello everyone,

I would love some stories and opinions on people’s experiences with the mortgage application with Leeds Building Society. 

I have had my DIP approved and put in my full application on friday 10th July and have gone with a mortgage broker. 

I work 2 days a week at a doctors surgery so I haven’t been furloughed  and my partner is an aircraft refueller and was furloughed but from Monday is going back to work for 22 hours a week on what the government now call flexible furlough. 

Any one got a similar situation? 

what’s your experience with Leeds and mortgage application process?

Thank you so much  

hollybryan2013

also does anyone know if you can check your credit score with different credit score agencies when your mortgage application Has been submitted into the lender? Do you know if you do check them if it will affect my score? 

Thank you  

Inituptomyeyes

Hi, we have not been furloughed so cannot help with that bit but we have just gone through the mortgage application process with Leeds.

5 June - DIP, soft search done on Equifax.
15 June - full application submitted.
17 June - hard credit search done on Equifax.
22 June - Soft check on Equifax to check additional addresses.
23 June - our broker heard from the underwriter with a  question that was  answered and documents submitted on the same day.
29 June - update from our broker, the valuation had been completed and passed.
3 July - Mortgage offer received woohoo 😃

If you sign up with Equifax for there statutory credit report, you can update it for free as many times as you like.  It does not effect your credit history, only you can see the soft searches.  You don’t need the pay monthly report, just the statutory one which is updated in real time whenever you request a new report.
https://www.equifax.co.uk/Products/credit/statutory-report.html

good luck x

Thrugelmir

Lenders will use the datasets provided by the CRA's to perform their own benchmarking against their own internal criteria. 

Is your application dependent on your partner working full time? Is your partners job under risk of redundancy? Peoples circumstances differ and will need to be considered on an individual basis by the underwriter. 

hollybryan2013

Inituptomyeyes said:

Hi, we have not been furloughed so cannot help with that bit but we have just gone through the mortgage application process with Leeds.

5 June - DIP, soft search done on Equifax.
15 June - full application submitted.
17 June - hard credit search done on Equifax.
22 June - Soft check on Equifax to check additional addresses.
23 June - our broker heard from the underwriter with a  question that was  answered and documents submitted on the same day.
29 June - update from our broker, the valuation had been completed and passed.
3 July - Mortgage offer received woohoo 😃

If you sign up with Equifax for there statutory credit report, you can update it for free as many times as you like.  It does not effect your credit history, only you can see the soft searches.  You don’t need the pay monthly report, just the statutory one which is updated in real time whenever you request a new report.

good luck x

Ooh wow congratulations on your offer 😁

we put in our full mortgage application on 10th July 

- 11th July-  hard credit search was done as I checked my equifax  

- 13th July - mortgage broker sent me the mortgage/ customer declaration form to sign so they can send back to Leeds.

since then I have heard nothing  

any advice on what the stage could be? 

Thank you so much  

Inituptomyeyes

hollybryan2013 said:

Inituptomyeyes said:

Hi, we have not been furloughed so cannot help with that bit but we have just gone through the mortgage application process with Leeds.

5 June - DIP, soft search done on Equifax.
15 June - full application submitted.
17 June - hard credit search done on Equifax.
22 June - Soft check on Equifax to check additional addresses.
23 June - our broker heard from the underwriter with a  question that was  answered and documents submitted on the same day.
29 June - update from our broker, the valuation had been completed and passed.
3 July - Mortgage offer received woohoo 😃

If you sign up with Equifax for there statutory credit report, you can update it for free as many times as you like.  It does not effect your credit history, only you can see the soft searches.  You don’t need the pay monthly report, just the statutory one which is updated in real time whenever you request a new report.

good luck x

Ooh wow congratulations on your offer 😁

we put in our full mortgage application on 10th July 

- 11th July-  hard credit search was done as I checked my equifax  

- 13th July - mortgage broker sent me the mortgage/ customer declaration form to sign so they can send back to Leeds.

since then I have heard nothing  

any advice on what the stage could be? 

Thank you so much  

Hi,  we never got sent that form but I do know that every time they request more documents, you go to the bottom of the 4 working day queue again 😓
hopefully the next update you get is that your valuation has been done!
I x

hollybryan2013

Hey  

looking for some advice/information 

10th July - submitted our full application to Leeds Building Society via a mortgage advisor 

11th July - hard search done on our credit report 


17th July - was informed that we passed the initial checks and that our valuation has been instructed 

just waiting for the date for valuation and in queue for underwriter to review case, check over documents and valuation report when we get it. 

Haven’t been asked for a more Documents or info as of yet 

has anyone had any previous dealings with Leeds or going through the same process? 

Am I going in the right direction for a mortgage offer? 

Thank you  

hollybryan2013

Inituptomyeyes said:

hollybryan2013 said:

Inituptomyeyes said:

Hi, we have not been furloughed so cannot help with that bit but we have just gone through the mortgage application process with Leeds.

5 June - DIP, soft search done on Equifax.
15 June - full application submitted.
17 June - hard credit search done on Equifax.
22 June - Soft check on Equifax to check additional addresses.
23 June - our broker heard from the underwriter with a  question that was  answered and documents submitted on the same day.
29 June - update from our broker, the valuation had been completed and passed.
3 July - Mortgage offer received woohoo 😃

If you sign up with Equifax for there statutory credit report, you can update it for free as many times as you like.  It does not effect your credit history, only you can see the soft searches.  You don’t need the pay monthly report, just the statutory one which is updated in real time whenever you request a new report.

good luck x

Ooh wow congratulations on your offer 😁

we put in our full mortgage application on 10th July 

- 11th July-  hard credit search was done as I checked my equifax  

- 13th July - mortgage broker sent me the mortgage/ customer declaration form to sign so they can send back to Leeds.

since then I have heard nothing  

any advice on what the stage could be? 

Thank you so much  

Hi,  we never got sent that form but I do know that every time they request more documents, you go to the bottom of the 4 working day queue again 😓
hopefully the next update you get is that your valuation has been done!
I x

Yeah I have seen this on a couple of Forums about requesting documents and then you go back of the queue again 🙄 fingers crossed they do not lol 

yes valuation is now instructed so just waiting for a date for this now 

so I think it’s all moving in a positive direction xx