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Lloyds Mortgage Promise
DFW240980
Posts: 25 Forumite
Hopefully someone can help me out. I got a mortgage promise from Lloyd's and have the required 10% deposit however I completed/Finished a DMP over a year ago which I started in 2010 and have one (Satisfied) default on my file from 2012 which I disclosed in my application. I came across a PDF from Lloyd's which suggests that any applicant who has entered a DMP in the last 6 years will be automatically rejected however the application forms did not ask about DMP's only CCJ's/IVA's/Bankruptcies.
Should I forget Lloyd's altogether or would I have a fighting chance of a full approval despite the DMP?
Should I forget Lloyd's altogether or would I have a fighting chance of a full approval despite the DMP?
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Comments
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Speak to a broker before proceeding further.0
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You have issues with your credit file but have gone direct to a lender rather than engage a mortgage broker. Not a good combination.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
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