electoral roll query - please help

odog

Hi everyone

This is my first post so please go easy on me!

I rent a room in a shared London house and have done so for the last 5 odd years. I'm also on the electoral roll at this address. I met a girl (now my wife) and 1.5 years ago we bought our first home in Dorset where I'm also on the electoral roll. I now split my time between London (work) and Dorset (happy times).

Having always had a good credit score (have literally never missed a payment etc and never been declined for a credit card) I now fine myself unable to even get a "bad credit score" credit card in order to shift a balance.

Two questions;

1. Would the fact that my mortgage was in my name at the Dorset house when bank, credit cards etc were in my London address affect my credit score?

2. Would being on the electoral roll at two different addresses have a negative effect?

Sorry if that was a little long winded but I'm seriously concerned about my apparent nose-dive in credit score. :eek:

Thanks

Oliver

zerog

odog wrote: »

Hi everyone

This is my first post so please go easy on me!

I rent a room in a shared London house and have done so for the last 5 odd years. I'm also on the electoral roll at this address. I met a girl (now my wife) and 1.5 years ago we bought our first home in Dorset where I'm also on the electoral roll. I now split my time between London (work) and Dorset (happy times).

Having always had a good credit score (have literally never missed a payment etc and never been declined for a credit card) I now fine myself unable to even get a "bad credit score" credit card in order to shift a balance.

Two questions;

1. Would the fact that my mortgage was in my name at the Dorset house when bank, credit cards etc were in my London address affect my credit score?

2. Would being on the electoral roll at two different addresses have a negative effect?

Sorry if that was a little long winded but I'm seriously concerned about my apparent nose-dive in credit score. :eek:

Thanks

Oliver

Don't know but my wife is on the electoral roll at 2 places (continued from when she was a student and haven't got round to removing) and it hasn't stopped her from getting credit

In fact when using soft search with her parents' address, she gets better offers than the place where she actually lives!

Your inablilty to get a new card is more likely due to maxing out your available credit or too much exisitng credit.

[Deleted User]

I think multiple addresses can be a problem. I'd choose one (presumably your own home in Dorset) and have everything official set to that address. You only want to have one address registered with the banks/utilities etc.

I'd also have yourself removed from the roll in London - I thought you can only be registered at one property, otherwise you'd get two votes!

Fruit_and_Nut_Case

Lazyloki wrote: »

I think multiple addresses can be a problem. I'd choose one (presumably your own home in Dorset) and have everything official set to that address. You only want to have one address registered with the banks/utilities etc.

I'd also have yourself removed from the roll in London - I thought you can only be registered at one property, otherwise you'd get two votes!

http://www.ons.gov.uk/ons/guide-method/method-quality/specific/population-and-migration/uk-electoral-statistics/uk-electoral-statistics-faq/index.html#8

People having more than one place of residence, such as students, may therefore be included on more than one register but are only entitled to vote in one constituency in a general election

Thrugelmir

odog wrote: »

I now fine myself unable to even get a "bad credit score" credit card in order to shift a balance.

The issue is most likely related to your current credit card balances and credit available to you.

MoneySaverLog

What is your wife's credit file like? Do you have a joint bank account / mortgage? Have you looked at your own credit file? I'd check them out first.

Hazzinho

What percentage is your debt to salary? It needs to be less than 50% (excluding the mortgage as the house is an asset), making payments is OK unless the debt is mounting up. Check your credit file with all 3 CRA's (Experian, Equifax and Noddle (CallCredit)) as they can all hold different data. If you have a joint account or mortgage you will be financially associated, what is your wife's credit like, her credit can impact yours.

MoneySaverLog

Hazzinho wrote: »

(excluding the mortgage as the house is an asset)

Not according to the Rich Dad Kiyosaki. The house that you live in is only a asset to the bank when you pay out a mortgage on it, more over he considers it to be a liability (It takes money out of your pocket). A house that is rented out can be considered an asset.

Agree with what you say though.