Electoral Role?

FitzWilliams

I'm going to apply for a mortgage in two month and I'm not the electoral role. Is this likely to cause me issues with being accepted? I've never been on the electorial role and neither has my wife.

SavingSteve

Yes, get on the electoral roll. Do you have any other credit / bank account / mobiles phone contracts? I assume not as all credit searches will spot you're not on the roll. Some credit showing you regularly pay is a good thing.

Bonfire_Bride

I'm not sure how long it will take to get you registered though?

Asking for my own interest as a friend is selling her house and the buyers cannot go ahead with the mortgage application until they are on the register. The broker has advised it can take around 2 weeks?

Malmo

Firstly, it is a legal requirement to be registered on the electoral roll if you're asked to do so, unless there is a valid reason not to be registered.

Secondly, it is also a key factor when lenders evaluate credit applications as it is a means of verifying the identity of the applicant.

vics199

I recently moved address and it took around 4 weeks to get the letter through saying I'm now on the electoral roll. But this will vary depending on your borough/council.

TheShape

FitzWilliams wrote: »

I've never been on the electorial role and neither has my wife.

I know this question isn't really relevant to your predicament but, why?

Thrugelmir

TheShape wrote: »

I know this question isn't really relevant to your predicament but, why?

Seconded. For lenders its how credit history becomes connected together. Lenders will be likewise asking why?

muhandis

FitzWilliams wrote: »

I'm going to apply for a mortgage in two month and I'm not the electoral role. Is this likely to cause me issues with being accepted? I've never been on the electorial role and neither has my wife.

1. My husband and I only recently got on the electoral roll. Our broker had no problem getting us a mortgage prior to that. One of the lenders we considered (Accord) needed 3 years of address proof since we weren't on the electoral roll but we didn't go with them in the end.

2. We've been relatively successful at getting the credit cards/bank accounts we need with some consistent banks rejecting applications every time - FD, HSBC, etc.

3. Obviously, if you want to maximise the range of possible lenders, do get on the electoral roll.

I imagine not being on the electoral roll is quite common in places like London that have a significantly younger, more mobile and international population.

Thrugelmir

muhandis wrote: »

I imagine not being on the electoral roll is quite common in places like London that have a significantly younger, more mobile and international population.

Precisely why electoral registration is key.

muhandis

Thrugelmir wrote: »

Precisely why electoral registration is key.

My point was that it didn't make any difference to me getting a mortgage (or other forms of credit) and neither did my broker mention it as an issue. I live in London and my broker probably sees lots of buyers who aren't on the electoral roll.

AnnaBanana1

I know of someone who wasn't on the electoral roll and got a mortgage easily with Halifax. I wouldn't like to risk it though.