first direct mortgages

K_S

ccdorset said:

I also have an appointment with NatWest tomorrow (previous one got cancelled) and their rate is lower. I thought perhaps I could see if I could get an agreement in principle with them too. I'm just worried about potentially having two hard credit searches if NatWest do one tomorrow before first direct. NatWest seem to do things differently as I have already uploaded all the documentation via Digidocs, so I'm not sure if they will do the hard credit check tomorrow. Does anyone know at what point in the application process the hard credit check is done?

Thanks :-)

@ccdorset I don't know how direct apps work but for a broker NatWest app the hard check happens either when I click submit on the full application or 4-5 days later when it is picked by NatWest for initial assessment.

ccdorset

K_S said:

ccdorset said:

I also have an appointment with NatWest tomorrow (previous one got cancelled) and their rate is lower. I thought perhaps I could see if I could get an agreement in principle with them too. I'm just worried about potentially having two hard credit searches if NatWest do one tomorrow before first direct. NatWest seem to do things differently as I have already uploaded all the documentation via Digidocs, so I'm not sure if they will do the hard credit check tomorrow. Does anyone know at what point in the application process the hard credit check is done?

Thanks :-)

@ccdorset I don't know how direct apps work but for a broker NatWest app the hard check happens either when I click submit on the full application or 4-5 days later when it is picked by NatWest for initial assessment.

Thank you. I've postponed the NatWest appointment to be on the safe side. Keeping my fingers crossed for first direct!

Thanks for your help again!

ccdorset

A quick update on this, I finally managed to book a 5 year fixed rate of 3.92% with First Direct and all has been agreed subject to valuation.

The valuation took place Wednesday 21st Sept, so I'm just waiting to hear from First Direct now if they can proceed to offer. I called them yesterday, but they said they hadn't received the valuation report yet.

Another weird thing is that they don't take payments by Direct Debit, but only Standing Order!

ccdorset

Finally received my offer from first direct yesterday! Seems my valuation got lost in the system and caused delays, but at least we got there in the end. Very relieved!