Precise Mortgages who do they use to check

trinnlee

Credit?
i know there are 3 major in the UK but does anyone know who Precise use?

thanks in advance

amnblog

They use both Experian and Equifax.


This means that a DIP sometimes becomes a 'trip'.

Dave_Ham

Sounds like you are trying to broker this yourself.


If you are even considering a lender like Precise, then you will almost certainly benefit from using a broker and ideally an experienced one.


Good luck

amnblog

or a 'dip' becomes a 'trip'

ACG

Precise use one at dip stage (equifax I think) and then experien at app stage - or vice versa.

Would agree in that if you are looking at Precise you need a broker for a few reasons - the main one being is that Precise are usually one stop before the end of the line so it could be possible to get better rates - even with defaults/CCJs.

amnblog

Last month we placed a deal with Precise that had been rejected by them via another broker so it is never a simple as I like the product, so I will 'buy' it.

trinnlee

Thank you ... I have a broker , I was only asking as there is something on Equifax that is not on call credit or experian and just wondered if at this stage should I mention it ....

I have a DIP at present with full application pending.

I've heard that precise are very good but now worried this extra find will bite me in the butt....

Thanks again for your response

Dave_Ham

I hope your broker is aware of the other issue, as Precise will locate it.


Unsure who told you Precise were good, they are essentially the last but one chance saloon.


They have very flexible adverse criteria, but are incredibly slow and tricky to deal with.


I hope your current broker uses them often enough to try and at least smooth out as much as possible the bumpy journey ahead.


Best of luck

amnblog

trinnlee wrote: »

just wondered if at this stage should I mention it ....

As Dave says - this is worrying statement.


Presumably your broker has seen both files before putting you to precise?

grifo2015

I know they use
Experian at dip stage and equifax at full app.

Ddl158

Hi Trinnlee how did you get on with your full application? I am in the same boat as you and feel nervous as have come this far I would be so disappointed to lose out on the house.