Mortgage AIP?

aneary

Hi

I went through a broker to get a mortgage. On my exprian report there is a default (satisfied) and some satisfied pay day loans dating back to July last year he said he wouldn't be able to help but referred me to a specialist broker who said only if I had a 20% deposit. I only have a 15% deposit.

Anyhow by chance I applied to Leeds Building Society and they offered me a decision in principle for slightly more money and they said they have check Equifax which doesn't list the pay day loans but does list the default (2015) I have to submit some payslips, bank statements and utility bills I have all these and I will be probably asking for less than I applied for does this mean I'm good to go or will I get rejected once I've fully applied.

kingstreet

You seem to have tripped over a lender which can't see all your issues because it sources data from the CRA which shows you in a better light.

This is one of the reasons a broker should always ask for all three versions of your credit file to see if such an advantage can be gained.

Leeds does a fully-scored/hard searched agreement in principle AFAIK.

aneary

The broker had both my experian and equifax reports but said he couldn't do anything until July when the pay day loans were over a year old.

So am I pretty safe thinking that as long as I provide the documents required bank statements, payslips etc that once I fully apply it will be okay.

My bank statements have nothing out of the ordinary just bills and general shopping.