Mortgage Account not showing on credit file

SuperSaver123

Hi,

My husband and I purchased a property mid November. We remortgaged our 'old' properties a couple of days before that and the new banks are updated on the file (have shown on experian early Dec). However the 'new' house is not shown. It was purchased jointly in our names and neither credit rating agency (am subscribed to all 3) is showing the new purchase.

Does anyone know how long it can take for a new purchase to show?

Thanks!

Tixy

New credit accounts take anything from a couple of weeks up to a couple of months to appear.

The mortgage on the new property - is the correspondance address you gave for showing on your credit file anywhere?

SuperSaver123

Tixy wrote: »

The mortgage on the new property - is the correspondance address you gave for showing on your credit file anywhere?

I have a couple of accounts registered to the new address but havent notified experian or equifax - I thought they would pick it up themselves?

Tixy

SuperSaver123 wrote: »

I have a couple of accounts registered to the new address but havent notified experian or equifax - I thought they would pick it up themselves?

They will at some point, i.e. when those accounts next update your credit file it will effectively link your old and new address.

Experian_company_representative

SuperSaver123 wrote: »

I have a couple of accounts registered to the new address but havent notified experian or equifax - I thought they would pick it up themselves?

Hi SuperSaver123,

When you update your address details with a company they will update the details they supply to credit reference agencies automatically. Most companies update monthly, so amendment would come through on the next monthly update.

If you have a CreditExpert membership you would need to update your CreditExpert profile to include your new address, this will ensure that any information recorded at the new address in your name appears when you view your report online.

Kind Regards
Neil