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Help with application confusion

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Comments

  • ACG
    ACG Posts: 24,911 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    There are potentially other options - cheaper options - but it would all come down to he finer details and I think at best your chances are probably 50/50.

    I think Aldermore are probably the obvious choice based on what you have said.
    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.
  • amnblog
    amnblog Posts: 12,784 Forumite
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    kingstreet wrote: »
    Why did I think Aldermore was Call Credit only?

    Is that Kensington I'm thinking of?


    Sorry guys.


    Aldermore used to be Experian only - they now also make use of Call Credit.
    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.
  • amnblog
    amnblog Posts: 12,784 Forumite
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    nayfeee wrote: »
    Thanks for the help guys, our broker is going to contact them today and forward a copy of the registry trust info to them.

    I'm not sure if it's worth starting a new thread to ask, but: is it correct that Aldermore are our only shot at getting a mortgage at this stage?
    • 10% deposit looking to borrow £144k with combined usable earnings of £46k.
    • Two defaults on my credit file from 2011. One satisfied one outstanding 2k.
    • 1 Payday loan in last 3 years on partners file.
    • 1 missed payment each in last 3 years on mobile phone contracts.

    My concern is that if Aldermore don't budge, even though something has clearly gone wrong, we'll be stuck without a chance.

    Again thanks for help :)


    I suspect you will need to up your deposit to £24,000 to obtain this lending.
    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.
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