Halifax (new buy goverment scheme)

reapz69

Hi I have had a mortgage promise from my broker and halifax on a house that is 150K I am putting down a 5% deposit and the boys at 10 downing street are putting down 20%

How ever i looked on my credit file with experian and it says i have a default from 8/12/07 that is satisfied. also there is an account that says 6 payments late ! even though the account was settled and closed in 2009.

Number of credit accounts (including those settled)8

Amount of available credit (excluding mortgages) £1,700

% of your total credit being used (excluding mortgages) 0%

Amount of outstanding debt (excluding mortgages) £1,466 (barclays loan nearly ended)

Number of accounts overdue 0

Number of missed or late repayments in the last year 0

So i owe very little and my payments are good but will these 2 blips on my file default in 2007 and 6 payments late in 2009 effect my chances?

Also a search from bank of scotland has just shown up is this a halifax search??

The advisor at the estate agent seems to think it will be no problem however i get paranoid!

kingstreet

Who knows the secret of the black, credit scoring, magic box?

Until you get your ATP and make a full application, any answer will merely be speculation.

You might pass, you might not.

Sorry.

HBoS and Halifax are one and the same, yes.