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Credit check

Hello, I had a credit check from expedia. It shows all the areas as green apart from one it shows in amber. This is because I payed late on four different mobile phone bills in 2007. Everything else in my file is fine.

How will this effect my mortgage application I plan to make later this year ?

Comments

  • GMS
    GMS Posts: 5,388 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Depends who you apply to, how much you need, plus any number of variables.
    I am a Mortgage Adviser
    You 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.
  • do you think someone will be able to find me morgage ?
  • GMS
    GMS Posts: 5,388 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    I have no idea as I do not know your circumstances.

    If I remember rightly you were looking for information on obtaining a DIP last week or so. Have you applied somewhere and been declined?
    I am a Mortgage Adviser
    You 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.
  • no, we decided to hold off and wait to see if i get made permenant. should know by mid summer. just may aswell rent if its going to be too much hastle over a few late mobile phone bills in 2007...
  • GMS
    GMS Posts: 5,388 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    It may not affect you.

    Being non permanent could have a say in it though.

    Why not make an appointment with a broker and see what your options could be. Take all info with you including the credit search.

    Easier than getting bits of info at a time
    I am a Mortgage Adviser
    You 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.
  • does the broker have the ability to apply for a number of morgages at once ? or does he apply for the one he thinks will go through ? what if the one he thinks does not go through ?
  • GMS
    GMS Posts: 5,388 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    does the broker have the ability to apply for a number of morgages at once ? or does he apply for the one he thinks will go through ? what if the one he thinks does not go through ?

    Broker would select the most appropriate and apply for it. If for any reason it was declined then a discussion with clients would decide how to proceed.
    I am a Mortgage Adviser
    You 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.
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