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Credit History, Rent via Agency, Mortgage First Time Buyer
jonathanf
Posts: 1 Newbie
Hi,
I don't have a credit history at all in the UK. However, I understand it's important to have a credit history when buying your first home or renting via an agency, is that a requirement or is it just important not having a BAD credit history?
Charge cards vs credit cards
If I need a credit history, do I have to have a pure credit-card or does a charge card work too?
Grateful for response from someone who knows, I have really tried to find Q&As on this but can't find it on the Forum,
Kind regards
Jonathan
I don't have a credit history at all in the UK. However, I understand it's important to have a credit history when buying your first home or renting via an agency, is that a requirement or is it just important not having a BAD credit history?
Charge cards vs credit cards
If I need a credit history, do I have to have a pure credit-card or does a charge card work too?
Grateful for response from someone who knows, I have really tried to find Q&As on this but can't find it on the Forum,
Kind regards
Jonathan
0
Comments
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Get a Vanquish or Capital One credit card, buy your shopping and fuel on it and clear it every month when the statement comes in. Do this for 6-12 months and NEVER miss a payment.
Only use these cards for credit building, not credit spending."Dream World" by The B Sharps....describes a lot of the posts in the Loans and Mortgage sections !!!0
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