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!
what do you think?
Jamesjames
Posts: 41 Forumite
We have enough deposit to buy our 1st home but we have to move house by end of the month due to change of job but within the same healthcare industry. We will be renting in the first instance so we get to know the area before buying.
My questions are these: : Will the credit check they do during rental process/application affect our chances of getting a mortgage, say within 6 months of renting?
If yes, how long should we wait before applying for mortgage?
The experts on this forum or those with a similar experience should please help throw light on my questions.
Thanks.
My questions are these: : Will the credit check they do during rental process/application affect our chances of getting a mortgage, say within 6 months of renting?
If yes, how long should we wait before applying for mortgage?
The experts on this forum or those with a similar experience should please help throw light on my questions.
Thanks.
0
Comments
-
Credit check done by estate agent is not the same credit check done when you apply for credit, it won't affect anything so no worries.0
-
You are worrying about an issue that isn't an issue.I am a Mortgage Broker
You should note that this site doesn't check my status as a Mortgage Broker, 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 -
A couple of credit searches during the mortgage process shouldn't be an issue.I am a mortgage broker. 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. Please do not send PMs asking for one-to-one-advice, or representation.0
-
Thanks everyone. This is reassuring.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.8K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 454K Spending & Discounts
- 244.8K Work, Benefits & Business
- 600.2K Mortgages, Homes & Bills
- 177.3K Life & Family
- 258.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards