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Natwest MiP, actual application and delinquent account.
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MortgageVirgin
Posts: 65 Forumite
Hi everyone,
My partner and I have a mortgage in principle with Natwest.
I have a delinquent account showing on my Experian credit file, with four missed payments from an online clothing company, totalling £113. I moved house and forgot to change my address with the retailer. The account was settled on 28.09.08 and from that date on, my credit history is unblemished.
Is the delinquent account likely to cause problems when we apply for the mortgage proper?
My partner and I have a mortgage in principle with Natwest.
I have a delinquent account showing on my Experian credit file, with four missed payments from an online clothing company, totalling £113. I moved house and forgot to change my address with the retailer. The account was settled on 28.09.08 and from that date on, my credit history is unblemished.
Is the delinquent account likely to cause problems when we apply for the mortgage proper?
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Comments
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Is it visible on Equifax?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.0
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Hiya kingstreet,
I've just checked and it's not visible on Equifax.0 -
Just in case this makes a difference, our LTV is 60% mortgage to 40% deposit.0
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Still looking for advice? Is there anyone in the know?0
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If it is not visible on Equifax it will not be picked up by an RBS Group member.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.0
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With your deposit and the age/type of the adverse and not being on Equifax, suggests you are going to be fine.
If for any reason you are declined, there should be enough to go at to receive similar offer from another highstreet lender.
Best of luckI am a Mortgage Broker
You should note that this site doesn't check my status as a Mortgage Broker, 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.0
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