FTB - Can I apply for a mortgage with more than 1 lender at the same time?

Chrishop91

Hi All,
My wife and I are FTB's with an offer accepted on a property back on 23rd September. Our LTV is 67% and we both have excellent credit scores. 

We applied for a 10 year fixed mortgage with Nationwide on 25th September but are getting a little tired of their back and forth requests for documentation and then having to wait 10 days for someone to review what we've send to then be told they need something else they didn't previously ask for. It should be noted that we provided them with a full set of documents at the point of application. We've also found their customer support team to be unhelpful with each person giving us a differing set of information as to the status of things with each follow up from our side.  

With the above in mind, we are considering applying to a second lender as we want to be in a position to move mid-november (as conveyancing is largely already done). Will applying to a second lender (e.g. HSBC) be a mistake and detrimental to our credit file? 

Any thoughts or advice is much appreciated. 

Thanks,

dimbo61

Not really a good idea as the second lender will also do a credit check ( hard search ) 
This could flag up as fraud on your file so delaying the mortgage application even more.
Lenders are taking a long time to sort mortgage applications due to sheer volume and staff working from home

Thrugelmir

Not advisable. If you are well into the process.  Don't have 2 mortgage applications running at the same time. 

Squeaky9

Not saying this is the best thing to do but we did and it worked out ok for us, second application went to to offer in 7 working days. The first one had barely got off the ground after 8 weeks though and both applications were through (different) brokers so perhaps that made a difference. I’ve just pulled our original application and requested my valuation fees back (that never happened).