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first time mortgage advice, urgent!
Comments
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firsttimebaby wrote: »My credit score is 942, (it is only me applying for a mortgage) and I know that this counts for nothing as the banks have their own scoring system, but I don't think it would be poor. I can't see how my credit can improve beyond this within a year!
How depressing...
Larger deposit will all make all the difference.
Do you or your partner have any unsecured credit (loans, credit cards etc) owing?0 -
I think the larger deposit sounds like the key.
I have no debt at all. He has an overdraft. As I now have two declined mortgage applications, through applying jointly. When do you recommend we start applying again, as I am aware that these can negatively affect my credit report!0 -
Thank you for being so helpful0
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firsttimebaby wrote: »He has an overdraft.
There's the first issue to tackle.
Rather than save. He should clear this.0
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