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Mortgage in principle number of and updates re credit

Hi I think I know the answer but want to check.Do the amount of mortgage in principles I apply for and say with different lenders in any way affect a mortgage offer in relation to credit?also does it matter how many time this is updated.I believe these are just soft searches just wondering the Di actually affect you when apply for a mortgage?

Comments

  • amnblog
    amnblog Posts: 12,785 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Soft searches can be seen only by yourself and the originating Lender.

    No borrower should be having any searches done in any case unless these is a good reason for it (like application).

    Why would you apply with different Lenders?

    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.
  • We went for AiP's with 2 lenders as one said the maximum we could borrow, and one said we could borrow what we asked to borrow. Needed for different reasons.
  • eurobabe
    eurobabe Posts: 109 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    amnblog said:
    Soft searches can be seen only by yourself and the originating Lender.

    No borrower should be having any searches done in any case unless these is a good reason for it (like application).

    Why would you apply with different Lenders?

    To get a better idea of what I'd likely be offered by different lenders.
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