Received a Mailshot (Halifax)..Better Chance?

Mustbeananswer??

YorkshireBoy wrote: »

That's a significant debt. Does your income support such a debt?...bearing in mind 40-50% of income as debt would scare many lenders these days.

Home owner?
Time with bank?
Time in job?
Financial Associates?
No of dependants?

...are all thrown into the lenders credit scoring mix.

Home owner....1 year £50.000 equity.....thats where all the debts from....renovating!!£110,000 value £60,000 Mortgage ...Santander!!

15 years HSBC

9 YEARS with DWP ...One and a half years S/E DJ ....Profit 6k

No dependants

In process of disassociating ex-wife(as far is I know she's financially secure anyway)...should be done now!!

Thanks for dipping in everybody!!:T:T:T

YorkshireBoy

Mustbeananswer?? wrote: »

9 YEARS with DWP ...One and a half years S/E DJ ....Profit 6k

Saw your other post. £23K income (with only £17K from your main job) would be considered low, to service £15K unsecured lending and a £60K mortgage in my opinion.

In process of disassociating ex-wife(as far is I know she's financially secure anyway)

Has she become associated with anyone else since? If so, you'll be (loosely through her) linked with them as well.

Mustbeananswer??

YorkshireBoy wrote: »

Saw your other post. £23K income (with only £17K from your main job) would likely be considered low, with £15K unsecured lending and a £60K mortgage in my opinion.Has she become associated with anyone else since? If so, you'll be (loosely through her) linked with them as well.

Got a meeting with Santander...they going to entertain a second mortgage to clear the debts......Gut feeling???


AAAAAAAAMMMMMMMMAAAAAAAAZZZZZZZZZIIIIIIIIIINNNNNNNNNNNGGGGGGGLLLLLLLLLLLLYYYYYYYYY

They only valued it at £85,000....compared to local Estate Agent £110,000.

I have already adressed my incomings and outgoings.Can pull a bit of cash from Mumsy to get me over a hump....!!

xyellowx

op my score is 999 it doesnt mean a thing
have i been knocked back for b/t deals in last 3 months? YES
have i been on experian and seen my details and score in last 3 months? YES
did i pay about £12 for the privalige? YES
is it a waste of money for no cause? YES
will i be doing it again soon? NO

Mustbeananswer??

xyellowx wrote: »

op my score is 999 it doesnt mean a thing
have i been knocked back for b/t deals in last 3 months? YES
have i been on experian and seen my details and score in last 3 months? YES
did i pay about £12 for the privalige? YES
is it a waste of money for no cause? YES
will i be doing it again soon? NO

I don't know what the point of it is then...and why we try to protect it so much .......

Might be house on the market time for me now.....


I bought the house from mustbesold.com ......an auction website.I recommend them.


I've loved doing it up and have a real affinity with it....now its strangling me.I'll live off the equity I! cash in for a while......Blast.It was two houses in one!!:eek::eek:

xyellowx

banks have there own criteria and work more off affordability /earnings/ avaliable credit
the score experian score is pointless and should not be paid for


(can they sue me for that statement ?)

callum9999

xyellowx wrote: »

banks have there own criteria and work more off affordability /earnings/ avaliable credit
the score experian score is pointless and should not be paid for


(can they sue me for that statement ?)

Only if its a lie, which it definitely isn't as it is undeniably pointless!