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can anyone advise-mortgage credit check
oopsadaisydoddle
Posts: 975 Forumite
in Loans
Hi, I put this in the credit report section but don't seem to be getting any replies so thoguht I'd try here.
I haven't posted for ages but have been a long time lurker and have had some great tips so thank you! My situation is this: We applied for a mortgage via Halifax (our bank) after we were told we had been pre approved via their 'mini credit check'. We realise we were probably naive about what this actually meant and we ended up with a declined application where they couldn't tell us why (fair enough) and that they couldn't proceed any further. The application was done over the phone with their mortgage advisor filling in our details but they sent forms out in the post to confirm what they had put on them. We received this paperwork after the application was declined but when we looked at it, the girl had put in some incorrect info e.g. that we already had 2 mortgages outstanding and that our credit card bill was £2000 per month when that was the full balance due to be paid on completion and always paid in full previously. Would this incorrect information have had anything to do with them declining - I mean would they have really thought we had 2 mortgages if that's what she put? We both have no probs (all accounts up to date for years) with our credit reports-they show everything in green. We both have a credit card (paid in full every month). I know there are lots of reason why lenders will decline but could this have anything to do with it?
The main reason I'm asking is because I want to take out a phone contract in the next couple of months and the fact that that search is showing along with the search from the mortgage compnay we ended up going with I believe might affect that?
If they have credit checked us on the information put on the form, then I believe they have credit checked us on the basis of wrong information - would that mean we can ask them to remove the credit check from the cra's and if so, would this 'better the chances of getting a phone contract'?
Apologies for waffling - hope it makes sense and that soneone might be able to help.
thanks.
I haven't posted for ages but have been a long time lurker and have had some great tips so thank you! My situation is this: We applied for a mortgage via Halifax (our bank) after we were told we had been pre approved via their 'mini credit check'. We realise we were probably naive about what this actually meant and we ended up with a declined application where they couldn't tell us why (fair enough) and that they couldn't proceed any further. The application was done over the phone with their mortgage advisor filling in our details but they sent forms out in the post to confirm what they had put on them. We received this paperwork after the application was declined but when we looked at it, the girl had put in some incorrect info e.g. that we already had 2 mortgages outstanding and that our credit card bill was £2000 per month when that was the full balance due to be paid on completion and always paid in full previously. Would this incorrect information have had anything to do with them declining - I mean would they have really thought we had 2 mortgages if that's what she put? We both have no probs (all accounts up to date for years) with our credit reports-they show everything in green. We both have a credit card (paid in full every month). I know there are lots of reason why lenders will decline but could this have anything to do with it?
The main reason I'm asking is because I want to take out a phone contract in the next couple of months and the fact that that search is showing along with the search from the mortgage compnay we ended up going with I believe might affect that?
If they have credit checked us on the information put on the form, then I believe they have credit checked us on the basis of wrong information - would that mean we can ask them to remove the credit check from the cra's and if so, would this 'better the chances of getting a phone contract'?
Apologies for waffling - hope it makes sense and that soneone might be able to help.
thanks.
0
Comments
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as i see it you eventually got a mortgage?and i doubt you`ll have problems getting a mobile contract in a coupe of months0
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