Mortgage advice needed please - credit file.

hieveryone

Thanks Leanne, something to think about.

Another little update:

On researching Accord mortgages, it would seem something is amiss.

Criteria:

No payments missed in last 12 months. WE MEET THIS.
No more than 1 missed mortgage payment in last 24 months. WE MEET THIS.
CCJ's - Max value £500 and satisfied - more than 36 months ago. - MINES WASN'T A CCJ, A DEFAULT, BUT WAS £548.
Defaults - 1 default is allowed within 36 months of a max value of £150 - THIS DOESN'T APPLY TO ME?


We meet this criteria surely? including those for adverse credit - so something has clearly went wrong somewhere. Will need to contact broker to find out more info hopefully.

hieveryone

Another little update in case anyone can pitch in..

Broker got back to me and said that Accord hadn't given him a reason - I have asked him to get one and get back to me.

Mentioned another two lenders that could be a possibility - Platform and Precise - has anyone heard of these?

Thrugelmir

hieveryone wrote: »

I didn't realise they can even see this as on my Equifax it is just a series of green boxes for my current account which all say 'up to date'.

Terms: 0 @ £0 monthly
Current balance: £0
Credit Limit: £1800

and Experian?

hieveryone

I can't get into my Experian file at the moment - I am waiting on them sending me an email to be able to sign in.

Noddle is completely green and 'clean' and shows £0 monthly.

hieveryone

Hi all,

Just an update from me...

Have been accepted and have a DIP from Precise mortgages. Not tiered so can choose any of the options (lowest is 3.9%).

The first 24 months payments are do-able and within what we had budgeted for. The following months (after the fixed rate has ended) are a little higher than we would prefer/like, but still do-able.

If we go ahead with this (including paying hefty arrangement fees and having to use their solicitor ), what's the chances of re-mortgaging in two years time? By that point the default will be gone, and only the arrangement to pay marker will be visible.

In a way this was what I wanted (a YES!) but in some ways it has made it harder!

db6539

I am needing advice on a situation if anyone else has encountered it! advice would be much appreciated.
My friend started on the road for a mortgage to a shared ownership property, unfortunately as my friend had no previous credit rating, simply through never having used credit, he was advised to seek out a specialist. This done, he was informed that all was possible (having paid for the background credit check to ensure there were no bad debts lurking from time began) and all proceeded accordingly. Around £3000.00 later in fees (this leads me to believe that the solicitor had in actual fact had an agreement in principal with a lender otherwise the fees would not be quite so high as yet i.e. survey's etc) on the verge of signing contract has been told that the lender has 'pulled out' due to the fact that the property is in a rural area he would never be able to own it outright? Has anyone else had this situation and if so would you have any advice?