Broadband credit checks

bambi1980_2

We should hopefully be exchanging contracts and completing on 26th May. I want to pre-order a broadband and digital TV installation and I am thinking of getting a package through Virgin Media and trying to get it installed for soon after we move in.

Does anyone know if the credit checks they run will cause us problems with obtaining our mortgage as I believe some companies do a final cursory check prior to releasing funds. I don't want this to cause us problems.

Anyone had experience of this??

marksoton

As unlikely as it is i wouldn't take the chance. I'd wait till i'd completed.

[Deleted User]

Personally, I don't think a check for a TV/Broadband package would cause too many problems.., but to be 100% sure, wait til you move in.., u don't normally have to wait long for a service to be up and running (two weeks maybe).

Just get a unlimited sim (I used Giff Gaff when I moved, unlimited use for £20 although practically that meant I had 6Gb to use for a month which is more than enough for web access unless you live on YouTube - then it was capped but I could still use the phone and get emails.)

Plus, I'm afraid while one hopes that exchange will happen on the given date, it may not.

dgtazzman

Did this a few years ago before moving in, didn't cause any problems. I think the check falls under a category that doesn't even get seen by lenders as it is utility, rather than real credit. Can't look that far back on my report to check for you, I'm afraid.

Could always give your lender a call and check with them.

alumende27

I forget exactly what, but I needed to do something with my bank account (possibly adding my other half to the account) around the time we moved house last year and the bank told me to wait until after the completion date as the thing I needed to do required a credit check.

This was barclays bank and a woolwich mortgage.

GingerBob_3

Yes, in the mad, mad world of credit checking and reporting if a company smacks you up with a credit check prior to final acceptance, you can't be 100% sure that the mortgage will then complete.


Food for thought - credit reporting by non lenders such as utility companies and mobile phone providers is a potential danger for people aspiring to obtain real credit. The opportunity for error and misunderstanding leading to blacklisting is high. This is due to complex T&Cs and payment arrangements, among other reasons (see the vast number of cases reported on this site alone). Tactic - try to avoid companies that abuse your data. In that respect, you might want to select EDF for energy and Sky for communications, neither of which at the present time report your accounts to the CRAs. For water companies, where there are no T&Cs or consent, they have taken it upon themselves to shaft you with credit reporting, so the tactic here is to not provide them with any personal information whatsoever.