New Mortgage

[Spartacus84]

I'm going through the process of buying a place and getting a mortgage (my first) but why is my lender just delaying things??

Its through the Halifax but they're stupendously poor at communication and have taken a phenonal 10 weeks so far to send the offer to my solicitor. Is this normal tactics??

[Miss-taken]

I've also just got my first mortgage - also with the Halifax. Mine was all done and dusted within 3 weeks of me putting the offer on the property in.

Is yours through a financial advisor? Mine is and I think thats the key to getting things done right quickly and the first time.

[nobfelt]

10 weeks is outrageous!!

I�ve had a lot of dealings with the Halifax and don't have a problem with them.

If you are arranging through a financial adviser, it may be the advisor that is slowing things down. You should give the Halifax a call direct, the number I use is 08458 50 37 05 and they are usually very helpful.

[Spartacus84]

Nope its directly throught the Halifax as the estate agent (who has been great) is also the Halifax.

Don't understand it to be honest but since I made a pledge to phone them every single day until its sorted is seems to be speeding up.

I might think about an independant next time tho so thanks.

[Tarka2006]

There can be many complications in getting a mortgage as we all have individual circumstances, but there would be no reason for the adviser/lender to slow it down, as its a business transaction - they will want it sorted out quickly and compliantly.

There are 4 main areas that need to be checked:

Your ID - Name and Proof of Address

Your credit record

The property for security

Your income/Ability to repay

Find out whats causing the hold up and exactly what they need, (I know it sounds obvious, but sometimes you will get told income is required and not the details!)

I hope it works out for you soon :o)