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Accord Mortgage
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DebtDonkey
Posts: 14 Forumite
Good 'evening all
Currently on top of my debts and my DFD is about 12 months away (my credit file is shot to pieces)
My question is regarding my mortgage. My wife runs this account, and there has been no problems in the 8 years of this account.
I am hoping to change the mortgage to a fixed rate from the current SVR.
Do you think Accord would run a credit check even bearing in mind the fact we have made every single payment on time over the last 8 years.
I am worried that we might get turned down by them (due to my adverse credit) and lose what we currently have.
Does anyone have any thoughts or suggestions on this?
Regards
Darren
Currently on top of my debts and my DFD is about 12 months away (my credit file is shot to pieces)
My question is regarding my mortgage. My wife runs this account, and there has been no problems in the 8 years of this account.
I am hoping to change the mortgage to a fixed rate from the current SVR.
Do you think Accord would run a credit check even bearing in mind the fact we have made every single payment on time over the last 8 years.
I am worried that we might get turned down by them (due to my adverse credit) and lose what we currently have.
Does anyone have any thoughts or suggestions on this?
Regards
Darren
DMP Jun'15 £2,837.55 | Family £3,000 | CCJ £860 - Total Debt... £6,697.55
0
Comments
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You won't lose what you have in terms of lending, but they may refuse to offer you a product other than SVR if they don't like your recent credit history.I 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 -
Accord will not run a credit check if you are wanting to change from SVR to a fixed rate product.
They will however look at your payment history with them, providing you have made your last 12 months payments on time and have no arrears then you will be eligible for a product.
I have taken this information from their website so it is correct0 -
Thanks guys, appreciate it.DMP Jun'15 £2,837.55 | Family £3,000 | CCJ £860 - Total Debt... £6,697.550
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