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!
Is my file strong enough for a mortgage?
Kryptothesuperdog
Posts: 21 Forumite
I'm newly signed up but been viewing for a few days, I know there are a few experts out there and im looking for your opinion on my situation.
I'm going to put my situation in a basic format to make it easier to understand.
- 95% LTV
- 45K Income
- 70k Borrowing
- 28% of my available credit used
- Good payment history on credit file for various accounts going back over 6 years
2 Negatives on File
- 1 Default on file from British Gas in March 2011
- 1 Late payment from virgin media Febuary 2010
I'm thinking of approaching my current account provider which is a high street bank and they advertise 95% deals. They have all ready decided I was a fairly decent risk for a 10k loan a few months ago so hoping they will be as lenient on a mortgage?
I'm going to put my situation in a basic format to make it easier to understand.
- 95% LTV
- 45K Income
- 70k Borrowing
- 28% of my available credit used
- Good payment history on credit file for various accounts going back over 6 years
2 Negatives on File
- 1 Default on file from British Gas in March 2011
- 1 Late payment from virgin media Febuary 2010
I'm thinking of approaching my current account provider which is a high street bank and they advertise 95% deals. They have all ready decided I was a fairly decent risk for a 10k loan a few months ago so hoping they will be as lenient on a mortgage?
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.7K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 454K Spending & Discounts
- 244.7K Work, Benefits & Business
- 600.1K Mortgages, Homes & Bills
- 177.3K Life & Family
- 258.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards