Any recent Halifax applicants?

Lipstick99

Lipstick99 said:

DIP recd and told broker to proceed today. 
Been let down by TSB valuation  and Nat West messed me about. 

Valuation fee was taken so I am hoping for an update from broker.
Its so stressful! 

shakAFC

Hi guys, my first post! I think my broker is submitting my application tomorrow with halifax. Nervous isnt word for how I'm feeling haha! Good luck to everyone else submitting/waiting.

Gem_M90

My broker submitted my application with Halifax on 13th August, around a week later I was told it had been passed to underwriters. 
Friday 28th August my broker contacted me to say the underwriters had sent the application back for undeclared credit on my file. 
On further investigation, it turned out my experian report hasnt updated for 2-3 months and there's about £4500 more credit showing on there that's now been paid. Gathered together all statements and proof of payments etc and sent it across.
Application resubmitted 02/09 and was accepted by Halifax but has been passed straight to underwriters again due to previous discrepancies. Halifax have told my broker it'll be another 5-6 working days minimum.
Broker has asked them to put my valuation survey on hold until application is confirmed so I dont lose my £200 survey fee if the application is declined (I've reserved a new build which hasn't been started yet)

JakeEpping63

Gem_M90 said:

My broker submitted my application with Halifax on 13th August, around a week later I was told it had been passed to underwriters. 
Friday 28th August my broker contacted me to say the underwriters had sent the application back for undeclared credit on my file. 
On further investigation, it turned out my experian report hasnt updated for 2-3 months and there's about £4500 more credit showing on there that's now been paid. Gathered together all statements and proof of payments etc and sent it across.
Application resubmitted 02/09 and was accepted by Halifax but has been passed straight to underwriters again due to previous discrepancies. Halifax have told my broker it'll be another 5-6 working days minimum.
Broker has asked them to put my valuation survey on hold until application is confirmed so I dont lose my £200 survey fee if the application is declined (I've reserved a new build which hasn't been started yet)

We are in a similar situation. Everything accepted but the application is back with Underwriters due to me being self-employed and they need to manually check the whole application before making an offer. 

We were told 8 working days was the Underwriter time, which brings us to today... 

Gem_M90

JakeEpping63 said:

Gem_M90 said:

My broker submitted my application with Halifax on 13th August, around a week later I was told it had been passed to underwriters. 
Friday 28th August my broker contacted me to say the underwriters had sent the application back for undeclared credit on my file. 
On further investigation, it turned out my experian report hasnt updated for 2-3 months and there's about £4500 more credit showing on there that's now been paid. Gathered together all statements and proof of payments etc and sent it across.
Application resubmitted 02/09 and was accepted by Halifax but has been passed straight to underwriters again due to previous discrepancies. Halifax have told my broker it'll be another 5-6 working days minimum.
Broker has asked them to put my valuation survey on hold until application is confirmed so I dont lose my £200 survey fee if the application is declined (I've reserved a new build which hasn't been started yet)

We are in a similar situation. Everything accepted but the application is back with Underwriters due to me being self-employed and they need to manually check the whole application before making an offer. 

We were told 8 working days was the Underwriter time, which brings us to today... 

My broker told me to expect 3-4 weeks for full process, its 3 weeks today since the application was submitted so I suppose I shouldn't complain. When it went to the underwriters the 1st time round I was told 7 working days for turnaround and it was 8 days so again, broker was pretty spot on. If the decision is back within 5-6 days that takes it to the 4 weeks as advised however I dont know how long the valuation survey will take. I've reserved a new build which hasnt been started yet and I'm in Scotland. I know the property builders were pushing for everything to be signed off by 7th September which isn't going to happen now. Though hopefully as I'm using their recommended broker theyll be happy to wait. 

Peter74

Gem_M90 said:

JakeEpping63 said:

Gem_M90 said:

My broker submitted my application with Halifax on 13th August, around a week later I was told it had been passed to underwriters. 
Friday 28th August my broker contacted me to say the underwriters had sent the application back for undeclared credit on my file. 
On further investigation, it turned out my experian report hasnt updated for 2-3 months and there's about £4500 more credit showing on there that's now been paid. Gathered together all statements and proof of payments etc and sent it across.
Application resubmitted 02/09 and was accepted by Halifax but has been passed straight to underwriters again due to previous discrepancies. Halifax have told my broker it'll be another 5-6 working days minimum.
Broker has asked them to put my valuation survey on hold until application is confirmed so I dont lose my £200 survey fee if the application is declined (I've reserved a new build which hasn't been started yet)

We are in a similar situation. Everything accepted but the application is back with Underwriters due to me being self-employed and they need to manually check the whole application before making an offer. 

We were told 8 working days was the Underwriter time, which brings us to today... 

My broker told me to expect 3-4 weeks for full process, its 3 weeks today since the application was submitted so I suppose I shouldn't complain. When it went to the underwriters the 1st time round I was told 7 working days for turnaround and it was 8 days so again, broker was pretty spot on. If the decision is back within 5-6 days that takes it to the 4 weeks as advised however I dont know how long the valuation survey will take. I've reserved a new build which hasnt been started yet and I'm in Scotland. I know the property builders were pushing for everything to be signed off by 7th September which isn't going to happen now. Though hopefully as I'm using their recommended broker theyll be happy to wait. 

Why did the application go back to the underwriters a second time?  Surely they knew you were self-employed from the out-set?

JakeEpping63

Peter74 said:

Gem_M90 said:

JakeEpping63 said:

Gem_M90 said:

My broker submitted my application with Halifax on 13th August, around a week later I was told it had been passed to underwriters. 
Friday 28th August my broker contacted me to say the underwriters had sent the application back for undeclared credit on my file. 
On further investigation, it turned out my experian report hasnt updated for 2-3 months and there's about £4500 more credit showing on there that's now been paid. Gathered together all statements and proof of payments etc and sent it across.
Application resubmitted 02/09 and was accepted by Halifax but has been passed straight to underwriters again due to previous discrepancies. Halifax have told my broker it'll be another 5-6 working days minimum.
Broker has asked them to put my valuation survey on hold until application is confirmed so I dont lose my £200 survey fee if the application is declined (I've reserved a new build which hasn't been started yet)

We are in a similar situation. Everything accepted but the application is back with Underwriters due to me being self-employed and they need to manually check the whole application before making an offer. 

We were told 8 working days was the Underwriter time, which brings us to today... 

My broker told me to expect 3-4 weeks for full process, its 3 weeks today since the application was submitted so I suppose I shouldn't complain. When it went to the underwriters the 1st time round I was told 7 working days for turnaround and it was 8 days so again, broker was pretty spot on. If the decision is back within 5-6 days that takes it to the 4 weeks as advised however I dont know how long the valuation survey will take. I've reserved a new build which hasnt been started yet and I'm in Scotland. I know the property builders were pushing for everything to be signed off by 7th September which isn't going to happen now. Though hopefully as I'm using their recommended broker theyll be happy to wait. 

Why did the application go back to the underwriters a second time?  Surely they knew you were self-employed from the out-set?

We were told it is an additional check that all self-employed applications are going through at the moment. 

Lipstick99

Mortgage offered yesterday!
Application went as follows
26/8 DIP recd
27/8 full app submitted and valuation fee paid
3/9 offer recd
This is after TSB under valued by £10k and Nat West pulled AIP!! 

Graeme1978uk

We've just started with Halifax too (via broker).

28/08 - DIP Received
29/08 - New build property viewed
30/08 - £500 Reservation paid on new build
02/09 - HTB Application submitted

As soon as the HTB comes back the broker will go ahead with the full mortgage application. Exciting but stressful!

Carl2510

I’ve asked if my MA needs anything from me and my partner but he says no, he says he’s providing supporting info to Halifax and will give me a shout if he needs anything I’m not sure if that’s a good sign or not!! Got Valuation booked on 10/09 wish it was sooner the wait is a killer!!