Hi All
Me and my partner have applied for a Mortgage with the Halifax requesting a 33% mortgage (we have a large cash deposit, 67%)
Main problem being I have two satisfied defaults. One Dec 2009 and one Feb 2010.
The thing is...we went to the bank. Gave her all our details, salaries, debt owing (none) deposit etc and she asked us if she could credit check us.
She left the room, came back with a "mortgage promise" and said we had been approved, gave us the "Key Facts" and actually did us a projected payment plan etc. She mentioned that the defaults had been detected.
The search shows up on Equifax as a search on that day but doesn't mentioned what kind of search and on Experian shows as a "Mortgage Quotation" - Does this mean we are actually approved or could the offer still be revoked due to the Defaults?
Thanks in Advance
Me and my partner have applied for a Mortgage with the Halifax requesting a 33% mortgage (we have a large cash deposit, 67%)
Main problem being I have two satisfied defaults. One Dec 2009 and one Feb 2010.
The thing is...we went to the bank. Gave her all our details, salaries, debt owing (none) deposit etc and she asked us if she could credit check us.
She left the room, came back with a "mortgage promise" and said we had been approved, gave us the "Key Facts" and actually did us a projected payment plan etc. She mentioned that the defaults had been detected.
The search shows up on Equifax as a search on that day but doesn't mentioned what kind of search and on Experian shows as a "Mortgage Quotation" - Does this mean we are actually approved or could the offer still be revoked due to the Defaults?
Thanks in Advance