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  • FIRST POST
    • Yellie05
    • By Yellie05 19th May 17, 2:53 PM
    • 17Posts
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    Yellie05
    Advice
    • #1
    • 19th May 17, 2:53 PM
    Advice 19th May 17 at 2:53 PM
    Need some advice about going for a mortgage, we have spoken to a broker who has tried to do an application for a mortgage with Halifax and unfortunately we have been knocked back, my husbands credit file is really good no missed payments etc for over 6 years, i have a couple of late payments on mine from when i was off work on maternity, payments were always made but there was a a couple of months i made a late payment to the same company, i am now back at work full time as is my husband. Both of our overall credit scores are way above average, can anyone advise the best mortgage company to try?
Page 1
    • elverson
    • By elverson 19th May 17, 2:58 PM
    • 702 Posts
    • 419 Thanks
    elverson
    • #2
    • 19th May 17, 2:58 PM
    • #2
    • 19th May 17, 2:58 PM
    Credit scores don't mean anything on their own.

    What was your LTV%?
    • Penitent
    • By Penitent 19th May 17, 3:00 PM
    • 1,506 Posts
    • 4,429 Thanks
    Penitent
    • #3
    • 19th May 17, 3:00 PM
    • #3
    • 19th May 17, 3:00 PM
    What does your broker advise?

    Has he told you why Halifax knocked you back?
    • Yellie05
    • By Yellie05 19th May 17, 3:07 PM
    • 17 Posts
    • 0 Thanks
    Yellie05
    • #4
    • 19th May 17, 3:07 PM
    • #4
    • 19th May 17, 3:07 PM
    95%, we have around 7K saved and the houses we are looking at are around the 125K-130K mark
    • Yellie05
    • By Yellie05 19th May 17, 3:09 PM
    • 17 Posts
    • 0 Thanks
    Yellie05
    • #5
    • 19th May 17, 3:09 PM
    • #5
    • 19th May 17, 3:09 PM
    He has said halifax knocked us back because of my late payments? can this be challenged? The payments were made probably about a week late for both (Both payments to Very)
    • kingstreet
    • By kingstreet 19th May 17, 3:24 PM
    • 32,208 Posts
    • 17,250 Thanks
    kingstreet
    • #6
    • 19th May 17, 3:24 PM
    • #6
    • 19th May 17, 3:24 PM
    On which version(s) of your credit file(s) do these appear?

    There may be mileage in using a lender which sources data only from the CRA which shows you in the best light.

    Presumably, you and your broker have obtained all three versions by now, Experian, Equifax and Call Credit?
    I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.
    • Cakeguts
    • By Cakeguts 19th May 17, 3:26 PM
    • 3,028 Posts
    • 4,191 Thanks
    Cakeguts
    • #7
    • 19th May 17, 3:26 PM
    • #7
    • 19th May 17, 3:26 PM
    Find out if it is the late payment combined with you wanting to borrow 95%.
    • Yellie05
    • By Yellie05 19th May 17, 3:51 PM
    • 17 Posts
    • 0 Thanks
    Yellie05
    • #8
    • 19th May 17, 3:51 PM
    • #8
    • 19th May 17, 3:51 PM
    On which version(s) of your credit file(s) do these appear?

    There may be mileage in using a lender which sources data only from the CRA which shows you in the best light.

    Presumably, you and your broker have obtained all three versions by now, Experian, Equifax and Call Credit?
    Originally posted by kingstreet
    they appear on Equifax and experian, havent heard of call credit

    thanks
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