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Mortgage application question.
dchurch24
Posts: 1,219 Forumite
Hi,
My partner and I have just applied for a mortgage with IF.
All seems to be going well, but for the fact that I have to pay the Survey/valuation fee up front (£340). This is refunded when the mortgage goes through.
The problem is, that I recently have been having a bit of a legal wrangle with a high street bank and this has affected my credit score - proven by the fact that I applied for a 0% virgin card and was refused a few weeks ago.
Would IF have already done the credit check by now?
If not, and I pay the fee and then fail the credit check presumably I would lose the £340.
Thanks in advance,
dchurch24.
My partner and I have just applied for a mortgage with IF.
All seems to be going well, but for the fact that I have to pay the Survey/valuation fee up front (£340). This is refunded when the mortgage goes through.
The problem is, that I recently have been having a bit of a legal wrangle with a high street bank and this has affected my credit score - proven by the fact that I applied for a 0% virgin card and was refused a few weeks ago.
Would IF have already done the credit check by now?
If not, and I pay the fee and then fail the credit check presumably I would lose the £340.
Thanks in advance,
dchurch24.
0
Comments
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They will have carried out the credit check before agreeing the mortgage and wanting to instruct the surveyI am a Mortgage AdviserYou 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.0
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