Mortgage refused due to bad credit-but don't know how?

milestone_3

I've tried to see if I could get a mortgage as a FTB. I have always paid of my credit card and don't have any loans apart from my student loan.

I moved into a rented property about 6 months ago and now being kicked out as LL is selling the place.

Thought I'd try buy my own now, however bank said they won't touch me as I have bad credit?

I've checked my credit on experian and can't see anything to my name apart from one delay in CC payment about 3 years ago.

However the mortgage advisor said there's some bad credit to one of the households I was staying at. I just wanted to know whether you can get bad credit from staying at a (rented) property that has had bad credit history to it's address?

N79

You should not get bad credit from an address but it can happen.

Eg If your name is Mr Smith and you move into an address where a Mr Smith lived previously (and who had bad credit) then it is possible for some of the old Mr Smith's details to end up attached to your account.

You need to carefully review your credit records for this sort of error. If you find any then you can apply to attach a notice of disassociation to the credit files which will start the process of repairing the corupt data.

This is going to take time and effort I'm afraid.

Gwhiz

You also need to check your credit rating with Equifax too. I had an issue some years back on one but not the other which I had to get them to change (an address of a dead person with the same name as me and that had nothing to do with me was accidentally connected to me)

SuperSaver123

I doubt very much that the associated address would give you such a bad record. My partner is an absolute rubbish at experian and still my score is pretty good. As N79 advised, check through your report again and maybe order experian score. There is an option there 'how to improve my credit score and this will tell you what is bad on your credit record.

milestone_3

Thanks for the advice. My elder brother declared himself bankrupt a few years back (about 5 years ago). We both share the same first initial in name and surname. I did have his address come into my record as a linked address. I asked Experian to remove this a few months back.

I have an unusual surname and would find it hard to believe that it's the same for the previous tenant. I get old chain mails also.

I will have to go over the records with a fine tooth comb and see where the problem is.

Doozergirl

It does sound like it's going to be your brother still with bankcrupcy and the same initial and surname at the same address.

It can take more than just asking to have something removed from your file. No personal experience but my aunt had terrible trouble when someone that moved into her old house had been applying for credit in her name! She had to jump through hoops to get her record clean.

milestone_3

I have just seen an updated version of my credit report.

I moved into a rented property about 6 months ago and seems like the previous tenant had lots of defaults and bad credit on the flat.

As I currently live there all these defaults come up on my file- but with the guys name and date of birth which is different to mine.

I'm not quite sure how to approach this as the defaults are not in my name!?

bob79

Contact the credit reference agency. It should be pretty obvious to them that they made a mistake and they will correct it once they realize this.