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Mortgage application / credit score
Albert_FTB
Posts: 17 Forumite
I've been speaking with L+C as our current deal ends in January. My question is if we get knocked back on a mortgage application due to the property valuation coming in over 90% LTV (i.e. the house is not valued high enough), does this affect our credit score? L+C told me last week it would...today they said the opposite!
Also, does anybody have any inkling on whether fixed rate deals will improve or not in the next three months? I would think it is currently impossible to say either way, though one mortgage broker advised us they thought rates would improve???
Many thanks
Also, does anybody have any inkling on whether fixed rate deals will improve or not in the next three months? I would think it is currently impossible to say either way, though one mortgage broker advised us they thought rates would improve???
Many thanks
0
Comments
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Worst that can happen is you have a credit search for a mortgage application on your credit file. No big deal.0
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