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    • Izabera
    • By Izabera 11th Sep 17, 9:26 AM
    • 7Posts
    • 0Thanks
    Izabera
    Will my poor credit rating affect my girlfriends Mortgage application
    • #1
    • 11th Sep 17, 9:26 AM
    Will my poor credit rating affect my girlfriends Mortgage application 11th Sep 17 at 9:26 AM
    Hi all
    My girlfriend is currently applying for a mortgage for a new house the worry for me is my credit rating . Years ago I hit hard times and destroyed my rating , I have 2 ccjs on my file ( both satisfied ) and nothing else .
    We are only linked through a joint account ( not used for wages ) we both have separate current accounts for our outgoings and expenditure.
    The Mortgage is solely in her name but with us being linked could this possibly affect her application ? She has a perfect credit rating and is using a broker to secure a mortgage , she has the 'mortgage in principal ' .

    Thanks for reading
Page 1
    • ACG
    • By ACG 11th Sep 17, 9:30 AM
    • 15,389 Posts
    • 7,782 Thanks
    ACG
    • #2
    • 11th Sep 17, 9:30 AM
    • #2
    • 11th Sep 17, 9:30 AM
    Potentially yes. I would check the lenders criteria before applying - or trust your broker.
    Where is the deposit coming from? This could also be an issue with some lenders if it was built up jointly or by you.

    On a side note, are the CCJs the reason you are not going on the application? There are lenders who would potentially accept you at normal rates.
    I am a Mortgage Adviser
    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.
    • Izabera
    • By Izabera 11th Sep 17, 9:40 AM
    • 7 Posts
    • 0 Thanks
    Izabera
    • #3
    • 11th Sep 17, 9:40 AM
    • #3
    • 11th Sep 17, 9:40 AM
    The deposit is from the sale of her current property . We have nothing joint bar the current account .
    I already have a mortgage on another property which is being put on the market to sell shortly . So the new house purchase is only based on her wages and outgoings .

    Thank you
    • ACG
    • By ACG 11th Sep 17, 9:42 AM
    • 15,389 Posts
    • 7,782 Thanks
    ACG
    • #4
    • 11th Sep 17, 9:42 AM
    • #4
    • 11th Sep 17, 9:42 AM
    That should be fine.
    The right lender and you should not have too many problems.
    I am a Mortgage Adviser
    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.
    • Izabera
    • By Izabera 11th Sep 17, 6:52 PM
    • 7 Posts
    • 0 Thanks
    Izabera
    • #5
    • 11th Sep 17, 6:52 PM
    • #5
    • 11th Sep 17, 6:52 PM
    It's NatWest . Just checked Equifax there is no association .

    Thank you
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