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Mortgage Application Declined

JoelsDad_2 · 2013-01-31 20:44:59

Hi all, I am currently in the process of part exchanging our home for a new build. We are looking at taking advantage of the Newbuy scheme. We spotted the house and made preliminary enquires over Christmas. I then spoke to the builders own mortgage advisor who punched our details into his calculator and confirmed that we…

Comments

Thrugelmir Posts: 89,546 Forumite

1 February 2013 at 9:09AM

JoelsDad wrote: »

Ok. So how long do those late payments remain on my file?.

And those accounts were settled in 2007 and 2009.

Lenders score you on the basis of your financial activity over the past 6 years.

This will include dipping into overdraft. As well as late payments.

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