Do Santander do 2 credit checks?
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[Deleted User]
Posts: 0 Newbie
Hi, we have recently had a mortgage which has been approved by Santander, and are currently waiting on some answers back from the vendors before we can exchange. I have heard that mortgage companies do another credit check before exchange/completion? Is this true? I was just wondering, as this process has taken a lot longer than expected and I have about £300 on my credit card now - there will also be a gap of a few months. Thanks.
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Comments
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Santander just did the one with me (prior to mortgage offer) - but I was careful not to take out any new lines of credit prior to completion *just in case* and would caution you to do the same.0
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Hi Santander only did one for me when I had a mortgage with them. Don't be worrying about it.0
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Hi, we have recently had a mortgage which has been approved by Santander, and are currently waiting on some answers back from the vendors before we can exchange. I have heard that mortgage companies do another credit check before exchange/completion? Is this true? I was just wondering, as this process has taken a lot longer than expected and I have about £300 on my credit card now - there will also be a gap of a few months. Thanks.
Are you employed/ self employed and whats checks were carried out?
We are also FTB with Santander.
Thanks in advance
Mazi0
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