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.
PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. 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!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Electoral register
babyd32
Posts: 61 Forumite
Hello everyone
A friend of mine is applying for a mortgage but at present he is not on the electoral register (though he has now applied).
I was wondering how this would affect him getting a mortgage.
He used to own a property years ago but sold it to move in with his gf where he was on the electoral register but since splitting up with her he has not been on it.
His credit is otherwise good, he has no loans, his credit card payments are up to date and he will be putting down a 50% deposit for the house and he is on a good salary so affordability isnt a problem.
How likely is it that he will be able to get a mortgage from a high street lender, or will he most likely have to go through a lender who deals with adverse credit?
Thanks in advance
ooops - if this should be on the mortgage and endowments board could someone please move it - thanks!!!
A friend of mine is applying for a mortgage but at present he is not on the electoral register (though he has now applied).
I was wondering how this would affect him getting a mortgage.
He used to own a property years ago but sold it to move in with his gf where he was on the electoral register but since splitting up with her he has not been on it.
His credit is otherwise good, he has no loans, his credit card payments are up to date and he will be putting down a 50% deposit for the house and he is on a good salary so affordability isnt a problem.
How likely is it that he will be able to get a mortgage from a high street lender, or will he most likely have to go through a lender who deals with adverse credit?
Thanks in advance
ooops - if this should be on the mortgage and endowments board could someone please move it - thanks!!!
0
Comments
-
Not being on the electoral register does affect your credit scoring slightly. However, if he has generally a good credit record, it shouldn't make that much difference.
Experian is doing free credit reports at the moment, so may be worth checking out.
http://www.joincreditexpert.co.uk/freecreditreport/experian.asp?sc=410032&bcd=experianhometesthead0 -
There's a free guide on Experian's website on how electoral register information is used when you apply for credit :
http://www.experian.co.uk/consumer/learningzonebasics.html
James“Official Company Representative
I am an official company representative of Experian. MSE has given permission for me to post in response to queries about the company, so that I can help solve issues. You can see my name on the companies with permission to post list. I am not allowed to tout for business at all. If you believe I am please report it to forumteam@moneysavingexpert.com This does NOT imply any form of approval of my company or its products by MSE"
Posts by James Jones, Neil Stone, Stuart Storey & Joe Standen0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.3K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.4K Spending & Discounts
- 247.2K Work, Benefits & Business
- 603.9K Mortgages, Homes & Bills
- 178.4K Life & Family
- 261.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards