Santander mortgage application problem

Thrugelmir

CazuaLL wrote: »

I wouldnt be applying to put myself in money troubles

Depends if you have been both accurate and honest with yourself.

CazuaLL

GDB2222 wrote: »

You can get your credit score free - and get quidco. Just remember to cancel within the month.

I'm guessing that on a scale of 1 to 999 your score is under 300, which is where your problem comes from.

Okay ill try this

Thrugelmir wrote: »

Depends if you have been both accurate and honest with yourself.

Ofcourse I have

CazuaLL

Just for anyones information i paid Experian for my credit rating this morning at 6am and it is currently at 999 as of the 30th August.

If anyone wants to see the picture PM me as it says cause im a new user I cant post links to anything

poppysarah

CazuaLL wrote: »

What a post full of idiotic ignorance, I will be paying the mortgage/rent/service charge and bills out of my wages. and the mortgage advisior knows this.

The benefits are there as we are entitled to claim them as we have a new born baby on the way. And I work hard and pay my taxes so please do not post with such simple minded comments!

Do a full soa on rent/mortgage/bills etc on your own wage.

kingstreet

CazuaLL wrote: »

Just for anyones information i paid Experian for my credit rating this morning at 6am and it is currently at 999 as of the 30th August.

If anyone wants to see the picture PM me as it says cause im a new user I cant post links to anything

The problem is, these scores are given to people with no income and with no regard to a mortgage lender's other requirements. There are many threads on here from people turned down for a mortgage who expected an easy ride because of Experian's 999 score. At best they are indicative, at worst misleading.

evoke

You can argue about things until you are blue in the face. The only decision that matters is the mortgage lender's decision. If the man from Del Monte says yes then all is well. If he says no then you're stuffed, despite your protestations about how financially secure you think you are.

r3becca

Just read through this post as we have been going through a similar thing - Is the mortgage application just in your name? If it is in in yours & your gfs then she could be the problem?

Me & my OH did a joint motgage application on our new house and my credit rating came back as 999 - but I was still the problem as I have no credit cards, loans, store cards or any credit agreements to my name.

Have my fingers crossed for you x

CazuaLL

I am applying for the mortgage in my name alone but have declared my new born baby and my girlfriend will be living with me, we have a independant mortgage advisor with us now and if it comes back as refused from Santander she has told me not to worry, she has found some great deals elsewhere and she has no doubt she can sort me out, bit of positive news for once!

p.s. she did say that Santander are very tight on who they lend to, even the best buyers get thrown out the window.

She has found me deals with Halifax/Barclays/Woolwich, which all are cheaper and lower rates on a 5 year fixed rate, fingers crossed

Experian_company_representative

The account records on your credit report (with all three credit reference agencies) are updated once a month, so there is usually a lag between, for instance, paying off a loan and it showing on your credit report.

James Jones

CazuaLL

Really got my fingers crossed for tomorow if not my Independant mortgage advisors is lined up and ready to try 3 other lenders for me