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!
Do Natwest accept adverse credit applicants ?
Georgiecoh
Posts: 37 Forumite
Hi,
Maybe someone can help?
I am a FTB and i am 23.
I am currently applying for a mortgage with NatWest (who I bank with) through a broker - My docs been registered now on their system and now waiting for an underwriter to look at the case.
I have 2 missed payments and 1 default for £100 (although for some reason it doesn't show on my equifax credit file) Has anyone been accepted to them with with adverse credit on here?
I have £40,000 deposit so im hoping they will accept it.
prob not though.
Maybe someone can help?
I am a FTB and i am 23.
I am currently applying for a mortgage with NatWest (who I bank with) through a broker - My docs been registered now on their system and now waiting for an underwriter to look at the case.
I have 2 missed payments and 1 default for £100 (although for some reason it doesn't show on my equifax credit file) Has anyone been accepted to them with with adverse credit on here?
I have £40,000 deposit so im hoping they will accept it.
prob not though.
0
Comments
-
When was the default?I am a mortgage adviser.You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0
-
Thanks for replying
25/12/2013 it was registered and settled a year ago. - It isnt registered in my credit file for some reason though.0 -
Georgiecoh wrote: »Thanks for replying
25/12/2013 it was registered and settled a year ago. - It isnt registered in my credit file for some reason though.
Have you checked Experian and Callcredit?0 -
Yeah it shows on experian but not Equifax and I havnt tried call credit .0
-
Natwest only checked my Equifax, but I've heard from others on here that they can check Experian.0
-
That's good.. Hopefully they will only check my Equifax.
Did you have any adverse credit?0 -
wont they have a feed from experian anyway with your current account?Don't put your trust into an Experian score - it is not a number any bank will ever use & it is generally a waste of money to purchase it. They are also selling you insurance you dont need.0
-
Georgiecoh wrote: »That's good.. Hopefully they will only check my Equifax.
Did you have any adverse credit?
No adverse for me luckily0 -
They did a "soft" check on my Experian but both sorts of checks on Equifax. Both at DIP stage - the full application was some soft searches on Equifax. I'm not totally sure how much a soft check on Experian would reveal.
This was a few weeks ago so this is quite current.0 -
Sorry to jump in on your thread. I am also applying with Natwest, how do you know if they have done a soft or full search?
Edited to add: Natwest have done 3 further searches since my DIP, one on 04.04.15 when i put in full application and two more today. Very nervous.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.3K Banking & Borrowing
- 253.7K Reduce Debt & Boost Income
- 454.4K Spending & Discounts
- 245.4K Work, Benefits & Business
- 601.1K Mortgages, Homes & Bills
- 177.6K Life & Family
- 259.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards