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Santander mortgage AIP

muswellblue
muswellblue Posts: 65 Forumite
Fourth Anniversary 10 Posts Name Dropper
in Mortgages & endowments
Hi, 

Im applying for a remortgage with Santander. Im applying for 23% LTV. 

I got an agreed AIP on Thursday. 
I have a good credit score, I have no late/missed payments the last 6 years. I paid my overdraft and credit cards totally off 2 years ago. 

Until 2 years ago I was always in my overdraft, i also went over it unauthorised a couple of times 2-4 years ago. 

I also had a credit card that was always at its limit, the interest took it over the limit 2 or 3 times, again this was 3-4 years ago. 

Would these have been seen before they gave me the AIP, or would they show up on the full application search? And as they are 3-4 years ago would they still be an issue as i have paid the overdraft and credit card off and had no issues since?

Thanks for any advice. 

Comments

  • K_S
    K_S Posts: 6,903 Forumite
    Fifth Anniversary 1,000 Posts Photogenic Name Dropper
    @muswellblue Based on the limited info in your post, none of the 2+ year old matters mentioned are likely to be an issue. The 'credit-scoring' done at the DIP/AIP stage is done based on your application and credit history and you've passed that.

    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. 

    PLEASE DO NOT SEND PMs asking for one-to-one-advice, or representation.

  • muswellblue
    muswellblue Posts: 65 Forumite
    Fourth Anniversary 10 Posts Name Dropper
    Got the mortgage offer yesterday. 

    Full application went in last Friday. Didn’t check any documents. 

    That’s a relief. 


  • K_S
    K_S Posts: 6,903 Forumite
    Fifth Anniversary 1,000 Posts Photogenic Name Dropper
    @muswellblue Happy to hear that, all the best :)

    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. 

    PLEASE DO NOT SEND PMs asking for one-to-one-advice, or representation.

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