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SEISS 5 & Mortgage Application

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Hi,

My partner (employed) and I (SE) have an AIP with Santander and our full application has been submitted to them last week via a broker. My work was affected by Covid between May & September but I haven't claimed the SEISS 5 grant yet. Now that the application has been made if I were to claim SEISS by the 30th deadline, is there any way this would show up or impact my current application? All bank statements have been submitted already so is there any other way a lender would see this? 

Thank you 

Comments

  • ACG
    ACG Posts: 24,551 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    All lenders reserve the right to ask for more documents down the line. But what happens if the property falls through and you need to look for another property or if you need an extension to your mortgage offer? Both of those coudl result in additional statements being requested. 
    I am a Mortgage Adviser
    You should note that this site doesn't check my status as a mortgage adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • ACG said:
    All lenders reserve the right to ask for more documents down the line. But what happens if the property falls through and you need to look for another property or if you need an extension to your mortgage offer? Both of those coudl result in additional statements being requested. 
    Thank you for your reply - I should've said it's a remortgage where I am joining my partner to make it a joint mortgage on the property she currently owns. But yes as you say they could ask for more documents for this application - but could likely be older statements rather than more current ones (they have the most current available)

    I was thinking more in the direction of is there a way for them to see a SEISS grant other than on a bank statement?
  • ACG
    ACG Posts: 24,551 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    Im not sure. 
    Some lenders do have tie ins to HMRC, but I think that is more for PAYE applicants. I cant really answer the question with any conviction. 


    I am a Mortgage Adviser
    You should note that this site doesn't check my status as a mortgage adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • ACG said:
    Im not sure. 
    Some lenders do have tie ins to HMRC, but I think that is more for PAYE applicants. I cant really answer the question with any conviction. 


    I almost answered this morning to say that I know some banks were checking the publicly available furlough records; but wasn't sure if the same existed for SEISS - but the deadline was last night, I think.

    @ol99 What did you decide to do?
    Signature down for maintenance :rotfl:
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