Hi everyone,
Me & my partner went though a broker to get our mortgage, as I have a default on my file from a few years ago (mobile phone). She potentially can get us a good rate with Halifax fixed for 2 years. We got the agreement in principle and our offer accepted on our flat :) we have 20% deposit and earn more thane enough between us for te mortgage. Halifax AIP stated we could borrow up to £180k but we only require £130k.
My question is... We have submitted the application on full, and paid our broker her fee along with the survey fees to Halifax. What have they looked at up to this stage? I'm worried as I live in my old student overdraft (interest free) and worrying an underwriter will look at this along with my default and reject us at his point?
Thanks in advance for your advice!
Xx
Me & my partner went though a broker to get our mortgage, as I have a default on my file from a few years ago (mobile phone). She potentially can get us a good rate with Halifax fixed for 2 years. We got the agreement in principle and our offer accepted on our flat :) we have 20% deposit and earn more thane enough between us for te mortgage. Halifax AIP stated we could borrow up to £180k but we only require £130k.
My question is... We have submitted the application on full, and paid our broker her fee along with the survey fees to Halifax. What have they looked at up to this stage? I'm worried as I live in my old student overdraft (interest free) and worrying an underwriter will look at this along with my default and reject us at his point?
Thanks in advance for your advice!
Xx