Arrangement plan listed as default declined a mortgage.

MrsWoody

My husband and I applied for a mortgage today. We only have a 5% deposit, our brokers applied to the Halifax and it was returned as NOT accepted but NOT declined 🤔 We checked out credit files before hand which are all green. There is 1 late payment on a gas bill (which is incorrect) but there is red late payments on my personal loan. In 2014 when I went on maternity leave I called the bank to explain my salary would be reduced any they put me on something like a payment holiday. They did this twice and I think it totalled 12 months where it was arranged no payments would be made. But at the end of those 12 months they would call me refinance my loan which would clear the arrears. But it now has a month of arranged payments then 4 missed payments, AP, 6 missed payments, AP, 4 missed payments. This has to be the only reason we were declined. We can more than afford the mortgage. And too add. I've never missed a payment other than his period of arranged since having any loans.


Called the bank today and the lady I spoke to seemed to think I could get it sorted. would anyone know can I? How long would it take? I'm laid awake panicking that we're going to loose the house. We're not in a chain so everyone's hoping it's going to go through quickly. I can't Sleep.

kimplus8

Answered on your other thread