Will they reject my mortgage application because I don’t have a credit history?

heg9

Hello, I hope this is the right place to post this thread

I recently found that I had no credit history because my credit accounts with HSBC is missing on the credit reference companies database (both Equifax and Experian). I have contacted HSBC many time and they kept asking me to contact Equifax and Experian. But Equifax and Experian said that HSBC didn’t share my account info with them.

What can I do to add my HSBC credit accounts on my credit file? Without a credit history, will they accept my mortgage application?

Help please>>>>>

herbiesjp

Do you have credit cards/loans?

Are you on the electoral register?

These should have helped build up your credit history

brit1234

They will reject without a credit history. I bought a pay monthly phone for a year to specifically create a credit history for buying a house. You may have to do similar

heg9

herbiesjp wrote: »

Do you have credit cards/loans?

Are you on the electoral register?

These should have helped build up your credit history

I have HSBC credit card which is missing on the credit reference companies's database

I am not on electoral register at the moment? But will be in Dec...

heg9

brit1234 wrote: »

They will reject without a credit history. I bought a pay monthly phone for a year to specifically create a credit history for buying a house. You may have to do similar

Thanks for the tip. I still want my HSBC credit card account to be on the file.

koexelek

If you have no credit repayment history these days, you are guilty until proven innocent

Soot2006

None of my HSBC stuff showed on my credit check ... the only history I had was 3 years Electoral Roll (2 different addresses). My OH had the same Electoral Roll history + a Virgina Media account that showed up.
There was a lot of faffing and Northern Rock wanted a million and one different bits of papers from our banks, etc .... but we got the mortgage in the end. Broker said he tends to try with NR for cases like ours ...

heg9

koexelek wrote: »

If you have no credit repayment history these days, you are guilty until proven innocent

Thanks for replies.But please read my thread. I have a really good credit repayment history with my credit card!

heg9

Soot2006 wrote: »

None of my HSBC stuff showed on my credit check ... the only history I had was 3 years Electoral Roll (2 different addresses). My OH had the same Electoral Roll history + a Virgina Media account that showed up.
There was a lot of faffing and Northern Rock wanted a million and one different bits of papers from our banks, etc .... but we got the mortgage in the end. Broker said he tends to try with NR for cases like ours ...

Thank you very much soot2006. Looks like I am not the only one. I will send a letter to their complaint department to see if they can add me on.

FraudBuster

I am not on electoral register at the moment? But will be in Dec...

If you're not on the roll, it's unlikely you'll get any credit. Write to your local council to ensure you are. Do it immediately, don't wait for it to send round the annual forms.
For those who aren't eligible to vote (mainly foreign nationals), send all the credit reference agencies proof of residency and ask them to add a note to verify this.

http://www.moneysavingexpert.com/loans/credit-rating-credit-score

heg9

Hi FraudBuster,

Thanks for the reply.

The local electoral register said I will appear on the new register when it is published on 1st December 2009. So in the main time, i am not on the electrol roll. I have already sent my bank statements as proof of residency. Is that enough?