We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Mortgages with one missed credit card payment- which lender?

2»

Comments

  • catlady12
    catlady12 Posts: 28 Forumite
    What worries me most is the missed payment as it was in July. In all seriousness, how likely are we to get knocked back for that?
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    catlady12 wrote: »
    It just annoys me that a lot of underwriters lack a basic understanding of employment and property law

    Lending money for mortgages is simple and straightforward, well it should be. It's borrowers that complicate the issue.
  • Simon_gloster
    Simon_gloster Posts: 948 Forumite
    Your worrying about the missed payment when affordability may be more of a concern to some lenders.
  • catlady12
    catlady12 Posts: 28 Forumite
    Which lenders are most flexible on affordability.

    On the Woolwich calculator on the intermediaries site, we are well within the range - about £1000 per month over where we need to be assuming a high credit score.

    This is why I ask about the missed payment because will that knock us into a low score category so far as Woolwich are concerned?
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.5K Banking & Borrowing
  • 254.4K Reduce Debt & Boost Income
  • 455.5K Spending & Discounts
  • 247.4K Work, Benefits & Business
  • 604.2K Mortgages, Homes & Bills
  • 178.5K Life & Family
  • 261.7K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.
Update Your Picture