We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
1st time buyer & credit ratings
stugriff_2
Posts: 2 Newbie
My daughter applied for a mortgage with Barratt to buy a house on a 75% - 25% scheme. She needed a £108,000 mortgage, but the mortgage advisor informed her she had too good a credit rating. How can she challenge this decision & what can she do to secure a mortage? She's in full time employment (as is her partner).
0
Comments
-
She could find a different whole of market broker
Never heard of a credit rating being too good that you get turned down for a mortgage!I am a Mortgage AdviserYou 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.0 -
Thanks, not sure what they are up to. I don't want her to get a check on her credit rating because this may go against her. Perhaps, as you say, try another broker who is not thinking about profit!0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.7K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 454K Spending & Discounts
- 244.7K Work, Benefits & Business
- 600.2K Mortgages, Homes & Bills
- 177.3K Life & Family
- 258.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards