mortgage underwrtting help

Jo1923

im having major anxiety application went in with leek utd on the 19th - valuation instructed on the 20th, im expecting a call to verify some info as for the decision in principle i declared my cc but not a loan - which i paid off early a few weeks before - but honestly didnt think about it - untill realised still on credit file - i have since contacted advisor and told her and sent a document to say all paid off - and she replied with " thanks will pass on to relevant dept " im having major panic that due to hard search's on file due to klarna in dec, a loan ( which paid off ) is going to have massive implications, i feel they will contact me - my question is how long does underwriting take is it hours / days ?? surely they just cross reference my pay slips  etc ??? 
and re the klarna etc it was occasional use over xmas and paid in full after 30 days 

Hoenir

If the debt has been settled but not yet updated on your credit hstory. (There is always a lag). Then informing them was the right thing to do. There's no need to panic. Time taken to underwrite is avariable. As there's various workstreams working concurrently. Once all the information is collated. An underwriter will decide what course of action to follow and ultimately whether to authorise an offer to be made or not. . 

Jo1923

thanks - do you think the hard searches that have caused my score to drop are explainable ? i have no missed payments etc etc and loan to value is only 51 % so im led to believe this is a good indicator

Hoenir

That's just a flag to other financial institutions that you've made an application for credit. Not unknown for people to attempt to play clever and apply simultaneously to diffferent sources.