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Declined Nationwide mortgage help

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Comments

  • Rebecca01
    Rebecca01 Posts: 732 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    Did you actually default or miss payments but not default?

    Confused!
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Rebecca01 wrote: »
    Did you actually default or miss payments but not default?

    Confused!

    Not repaying a debt to contractually agreed terms in any form is technically a default. The speed of resolution of the default will determine the severity of the marker placed on the credit file.
  • _Andy_
    _Andy_ Posts: 11,150 Forumite
    Giggle5 wrote: »
    So in your opinions would there be no lenders willing to lend to us or is it worth looking elsewhere?

    As in my previous post, speak to a broker.
  • kingstreet
    kingstreet Posts: 39,343 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Giggle5 wrote: »
    We have today been refused a mortage from Nationwide... I defaulted on a nationwide loan a few years ago
    You should not have gone anywhere near a lender you "upset" recently.

    Find an independent or whole market broker in your area and seek out advice in finding the right lender to match your circumstances. Make no further speculative applications until advised on the best lender option.
    I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.
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