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Effect of 1x recent late payment?

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Comments

  • davei_2
    davei_2 Posts: 8 Forumite
    Thanks Malmo. Regarding mortgage advisors, is it relevant to use one who is geographically close? eg. a family member had a very good experience with one, but they live in another city. What about these mortgage services that you can ring, eg. London & Country or equiv? All as valid as eachother?
  • Malmo
    Malmo Posts: 710 Forumite
    Part of the Furniture Combo Breaker
    Recommendation is always a good way to go and doesn't have to be geographically close, as it's all do-able remotely over the phone & email.

    L&C are a fee-free broker, but be aware that they are known to do initial AIPs / DIPs without credit searching, based only on the information you provide (such as income, expenditure), so I don't think that will be particularly useful or valuable to you based on your circumstances described above.
  • davei_2
    davei_2 Posts: 8 Forumite
    Very interesting info - thanks for all the comments.
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