This is my first time posting on here as after a search of tge forums I can't find the answer to this.
I've recently applied for a mortgage through a broker with Halifax. It's 90%ltv but lower than my DIP was. I've given my broker my payslip, id etc. He's also looked over my exprian credit report and says i should have no problems, I'm scepitcal as I was an idiot with CCs when I first moved into rented accomodation but my last arrears ended may 2009. The valuation survey is booked for Monday. My questions are
1) Would they have booked a survey if I was going to fail on credit check?
2) Most people seem to have been asked for more info by this stage such as P60s. Is it normal not to be? I'm in the civil service and my pay slip shows my gross annual salary as well as ytd and monthly income.
3) What exactly DO underwriters do?
Thanks in advance.
I've recently applied for a mortgage through a broker with Halifax. It's 90%ltv but lower than my DIP was. I've given my broker my payslip, id etc. He's also looked over my exprian credit report and says i should have no problems, I'm scepitcal as I was an idiot with CCs when I first moved into rented accomodation but my last arrears ended may 2009. The valuation survey is booked for Monday. My questions are
1) Would they have booked a survey if I was going to fail on credit check?
2) Most people seem to have been asked for more info by this stage such as P60s. Is it normal not to be? I'm in the civil service and my pay slip shows my gross annual salary as well as ytd and monthly income.
3) What exactly DO underwriters do?
Thanks in advance.