"We’ve made this change to ensure a customer’s credit ratings aren’t affected during the early stages of their application."
Checks on an applicant’s credit report at DIP stage will no longer leave a hard footprint.
When a full application is submitted a full credit check will be made, which will be visible on the customer’s file to other financial institutions. The DIP is valid for 90 days.
Martese Carton, Leeds Building Society’s Head of Intermediary Distribution, said: “We’ve made this change to ensure a customer’s credit ratings aren’t affected during the early stages of their application.
“An applicant can see a search if they request their credit file but our check can’t be seen by other financial services providers and it won’t affect a customer’s ability to get credit elsewhere.”
