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.
We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Applied HSBC, valuation came back instantly 20k under, asking me to requote with new a LTV rate....
IAMIAM
Posts: 1,425 Forumite
The credit check has been done but application now asks me to go back and choose a different rate and then proceed to the valuation type I want before proceeding again.
I can still change the valuation, but the default in there is now what they say. I presume I am back to stage one of the application and have to pick a new product?
Does this mean a new credit check and basically start again but with their valuation.
I can still change the valuation, but the default in there is now what they say. I presume I am back to stage one of the application and have to pick a new product?
Does this mean a new credit check and basically start again but with their valuation.
0
Comments
-
It should offer a valuation based on automated data but then offer you the option of rejecting this and asking for a proper valuation1
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.2K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.3K Spending & Discounts
- 247.2K Work, Benefits & Business
- 603.9K Mortgages, Homes & Bills
- 178.4K Life & Family
- 261.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards