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  • FIRST POST
    • kev24uk
    • By kev24uk 9th Jan 18, 2:55 PM
    • 3Posts
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    kev24uk
    Halifax Mortgage Process
    • #1
    • 9th Jan 18, 2:55 PM
    Halifax Mortgage Process 9th Jan 18 at 2:55 PM
    Hello,
    I am looking for a bit of advice on the Halifax mortgage process.

    My partner and I have put an offer in on a property and had it accepted.

    We have gone through the full mortgage process with the Mortgage Advisor at Halifax who said he would do a soft credit search and then said that the "underwriting has all gone through fine" and now we just need to provide payslips and solicitor information.

    Does that mean that all credit check stages have now passed and we're plain sailing except for valuation or will there be another credit check at some point?

    Thanks in advance!
Page 1
    • kingstreet
    • By kingstreet 9th Jan 18, 3:40 PM
    • 33,565 Posts
    • 18,204 Thanks
    kingstreet
    • #2
    • 9th Jan 18, 3:40 PM
    • #2
    • 9th Jan 18, 3:40 PM
    You cannot submit a full application and have a hard credit search without entering solicitor details.

    Only an agreement in principle has been done so far.
    I am a mortgage broker. 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. Please do not send PMs asking for one-to-one-advice, or representation.
    • kev24uk
    • By kev24uk 9th Jan 18, 3:53 PM
    • 3 Posts
    • 0 Thanks
    kev24uk
    • #3
    • 9th Jan 18, 3:53 PM
    • #3
    • 9th Jan 18, 3:53 PM
    Ah

    So as soon as we provide solicitor details it will go through a hard credit search?

    If it fails there I suppose we won't incur any costs?
    • kingstreet
    • By kingstreet 9th Jan 18, 4:35 PM
    • 33,565 Posts
    • 18,204 Thanks
    kingstreet
    • #4
    • 9th Jan 18, 4:35 PM
    • #4
    • 9th Jan 18, 4:35 PM
    You only pay the mortgage report & valuation and/or product fee when you get a full app "accept" decision.

    You aren't offered the fee screen without one.
    I am a mortgage broker. 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. Please do not send PMs asking for one-to-one-advice, or representation.
    • kev24uk
    • By kev24uk 9th Jan 18, 5:43 PM
    • 3 Posts
    • 0 Thanks
    kev24uk
    • #5
    • 9th Jan 18, 5:43 PM
    • #5
    • 9th Jan 18, 5:43 PM
    Ah, ok! We have paid the valuation and product fee and I can see a hard credit search on my Experian report, so what does that mean?
    Last edited by kev24uk; 09-01-2018 at 5:48 PM.
    • BLOW FLY
    • By BLOW FLY 9th Jan 18, 7:47 PM
    • 114 Posts
    • 85 Thanks
    BLOW FLY
    • #6
    • 9th Jan 18, 7:47 PM
    • #6
    • 9th Jan 18, 7:47 PM
    Similar thing happened to me last year with Halifax.

    They said it was only a soft search but ended up being hard search on both myself and my wife!!!8217;s credit files and this was to get the AIP.

    They did know our solicitors details but I hadn!!!8217;t paid any product fee at that stage.

    There were no more searches after this one and the mortgage went through with no issues.

    Hope that helps, good luck !!!55357;!!!56397;

    BF
    • kingstreet
    • By kingstreet 10th Jan 18, 8:28 AM
    • 33,565 Posts
    • 18,204 Thanks
    kingstreet
    • #7
    • 10th Jan 18, 8:28 AM
    • #7
    • 10th Jan 18, 8:28 AM
    Ah, ok! We have paid the valuation and product fee and I can see a hard credit search on my Experian report, so what does that mean?
    Originally posted by kev24uk
    It means the application has been submitted.
    I am a mortgage broker. 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. Please do not send PMs asking for one-to-one-advice, or representation.
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