Declaring v old debts on transfer of equity form?

elliebellie

Hi, I'm after some advice please?

I am in the process of completing a transfer of equity request with current mortgage provider, after finalising a divorce and have got to the bit that asks about defaults etc. I do some debts that I have been paying off for a number of years, so long in fact they have disappeared from my credit records.

My question is, do I need to declare these particular debts? Although I have been paying the mortgage by myself for the last 2 years, when I write the debts down on the form, it looks a bit eek! if you know what I mean???

Any advice would be hugely appreciated, thanks.

Elliebellie

Goldiegirl

Best to declare everything.

Even if the commitments that you are paying off arent't on the credit file, they could notice undeclared commitments in other ways. For example, they could notice outgoings from your bank statements.

elliebellie

Goldiegirl wrote: »

Best to declare everything.

Even if the commitments that you are paying off arent't on the credit file, they could notice undeclared commitments in other ways. For example, they could notice outgoings from your bank statements.

You so right Goldiegirl, I hadn't thought about that. Think I needed that pair of fresh eyes to point out the obvious- and I not being sarky when I say that, really appreciate the feedback, thank you