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.

The MSE Forum Team would like to wish you all a Merry Christmas. However, we know this time of year can be difficult for some. If you're struggling during the festive period, here's a list of organisations that might be able to help
📨 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!
Has MSE helped you to save or reclaim money this year? Share your 2025 MoneySaving success stories!

Halifax full application

herewego123
herewego123 Posts: 46 Forumite
10 Posts First Anniversary
in Mortgages & endowments
Good morning all

I have recently obtained 2 agreements in principles from 2 separate brokers for Halifax as i dont trust them (trust issues) so the fact they both found halifax im guessing is good news but am after some advice.

At AIP stage would a soft search show everything on my credit report so any checks would of been done prior to this?

I have 2 defaults back 3yrs and 10months ago which has been settled back then, would this of already been considered?

Also if I missed a payment last August but the account is now up to date and settled how will this impact my full application? 

I owe no debt and all my accounts are closed/settled or hold 0 balances.

Any advice would be helpful as I'm about to run a full application with Halifax 

Thanks 

Comments

  • BeerSavesMoney
    BeerSavesMoney Posts: 216 Forumite
    Fourth Anniversary 100 Posts Name Dropper
    Have you told the broker about your adverse credit history? This will allow them to recommend a suitable product.
  • amnblog
    amnblog Posts: 12,779 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    If you are prepared to Trust what I am saying - Halifax applications can sometimes fail credit score on full application following a pass on DIP. It is rare, but does happen.

    Of course, a good way to fail score is to have your details submitted twice, at the same time, by two Brokers. I suspect neither Broker is aware of what you are doing.
    I am a Mortgage Broker

    You should note that this site doesn't check my status as a Mortgage Broker, 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.
  • herewego123
    herewego123 Posts: 46 Forumite
    10 Posts First Anniversary
    Hiya 
    I wont be doing full application with both. Just one.

    Just asking outloud that if 2 brokers have identified the same lender then would you consider that as good news?

    According the the codirector of the brokerage I am dealing with he has stated that Halifax having offered 85% LTV based off my credit history and are happy to proceed and stated that if I had perfect history it be more like 95% LTV.

    Would you consider this positive?
  • herewego123
    herewego123 Posts: 46 Forumite
    10 Posts First Anniversary
    BeerSavesMoney said:
    Have you told the broker about your adverse credit history? This will allow them to recommend a suitable product.
    Hiya.

    Yes they are well aware. My checkmyfile has gone to both and they have both come back with halifax
  • amnblog
    amnblog Posts: 12,779 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    So they have not both submitted your details to Halifax for AIP?
    I am a Mortgage Broker

    You should note that this site doesn't check my status as a Mortgage Broker, 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.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.9K Banking & Borrowing
  • 253.9K Reduce Debt & Boost Income
  • 454.7K Spending & Discounts
  • 246K Work, Benefits & Business
  • 602.1K Mortgages, Homes & Bills
  • 177.8K Life & Family
  • 259.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.
Update Your Picture