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Nationwide DIP?

brendanb581
brendanb581 Posts: 144 Forumite
Part of the Furniture 10 Posts Combo Breaker
in Mortgages & endowments
Have done a NW DIP online and it's been accepted for 157000 with an 18k deposit.

I have some questions which I need help with..

They have only asked for proof of payslips and not bank statements? Does this seem odd?

I'm assuming I have passed the credit check as it's a hard search?... I have a couple late payments on my old Next account 2 years ago and one month where I had an arrangement to pay on there. Iv also used pay day loans in the past..

I thought these would of gone against me? I'm hoping nothing goes wrong!

Had an offer accepted on a house so fingers crossed
Thanks

Comments

  • ACG
    ACG Posts: 24,682 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    It is payslips only if you pass with flying colours I believe.
    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.
  • brendanb581
    brendanb581 Posts: 144 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    I can't see with my credit history how I can pass with flying colours? Hmm
  • alchemist.1
    alchemist.1 Posts: 860 Forumite
    Your credit history might not show up on Experian (the one utilised by Nationwide) but one of the other credit agencies.
  • brendanb581
    brendanb581 Posts: 144 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    alchemist.1 wrote: »
    Your credit history might not show up on Experian (the one utilised by Nationwide) but one of the other credit agencies.

    I have checked experian and the late payments are showing on there.
  • ACG
    ACG Posts: 24,682 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    Are we talking about a couple of lae payments dotted about over 6 years and a 25% deposit?
    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.
  • brendanb581
    brendanb581 Posts: 144 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    No mate as mentioned in my first post it will be just over 10% deposit.

    It was a few late payments on a next store card and an arrangement was in place for 1 month to pay a lower amount. This was 2 years ago.
  • ACG
    ACG Posts: 24,682 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    Ah yes.
    2 year old late payments on a store card, fairly minor in the grand scheme of things. Dont worry about it. You passed, thats the main thing.
    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.
  • brendanb581
    brendanb581 Posts: 144 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    ACG wrote: »
    Ah yes.
    2 year old late payments on a store card, fairly minor in the grand scheme of things. Dont worry about it. You passed, thats the main thing.

    Thanks mate - nice to get a bit of reassurance from a mortgage advisor. An arrangement for a month I thought wouldn't of been too great though!

    Thanks again
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