Dudley Building society

supermassive

I've been offered a mortgage with Dudley Building Society, who have agreed to overlook the single default on my credit file. Thank heavens. It's bringing on massive anxiety attacks at this stage though :rotfl: (not a laughing matter, it's bloody scary)

Anyway, I just wanted to see what, if anything, people have heard about them, what they think of them, if they have a reputation etc.

I don't particularly want to take out a mortgage if it's going to turn into a 'payday mortgages' situation.

ACG

Do you have any BTLs in the background? If you do then I think I would be inclined to avoid them.

They are very thorough at the whole income and expenditure thing. If you have any BTLs they are also a bit anal over that and will want a LOT of information. I lost a case because they wanted so much information.

supermassive

BTL as in buy to let? I'm a first time buyer, so I hope not haha

Our income/expenditure is actually the best way to calculate a mortgage for us, as we spend all our money at the moment on rent - which will then be transferred as payments for a mortgage (and actually be lower than we pay in rent)

ACG

They sound like they may be fine for you.
I just know if I had anyone who was not straight forward I would not touch them with a barge pole.

supermassive

I think they look at the credit file in detail rather than an electronic search/score, which I think is the logical thing to do rather than assuming when someone's had a technical issue and a late payment marker's come up, that they are a bad egg. Credit history isn't really black and white.