help me ftb with questions

weallhaveflaws

hi everyone,

Ive just had my offer accepted for a property I am in love with, however im worried things wont go through because I have missed payments on my credit file for severn trent (forgot about water bill as i usually pay the bill half the bill start of year and the other half middle of year. my fault i know, my credit score is currently 950 though. so i dont know how bad it will be when i do the mortgage application.


can anyone advise me what to do next?

ACG

The score is not worth much.

What exactly shows under the water bill? Usually where it is paid on time it shows as a "0", where you are one month in arrears it shows as a "1" and so on. Is it "just" a late payment or is it a default?

When is it from?
How much was it for?
Has it been cleared?

What percentage deposit do you have?

weallhaveflaws

its from within the last year. and appears as 3 months back to back. (sigh). it has been completely paid off as soon as i realised. on clearscore it appears as "missed payments" and i dont know what it shows as on experian as im only on the free account which provides no breakdown.

ive got a 10% deposit on property worth 121k and i have no other missed payments on file or anything else at all.

the amount in total would have been like 120 pounds but as they put it as monthly it was probably put as 40 monthly.

ACG

It is probably worth getting a copy of equifax and experian credit reports and I think it is worthwhile speaking to a broker.

At 90% it should be possible but some of the fussier lenders might have issues.

weallhaveflaws

thanks for your advice so far. i have now paid for experian and gotten full report. what should i look out for on there?

weallhaveflaws

ive just checked it and on default accounts it says none. yeahh. i hope thats good news