Does length of time been with a bank help with mortgage decision?

jackhulk

Hello

I've had my main account with Halifax for over 30 years. Would this have any weight in their mortgage decision, or does this play no part?

Thank you

csgohan4

no, but if you have had a negative history with them, it may count against you, potentially beyond 6 years

loyalty no longer pays

penners324

The only reason you'll need a current account with a mortgage provider is if it's a requirement of the mortgage product you want.
Otherwise it's completely irrelevant.

kingstreet

You can find on an internal credit score an existing account relationship with a mortgage lender helps or hinders a mortgage application based on the conduct of the account.

How much this helps or hinders will depend on the lender, conduct etc.

Can the outside world anticipate the value/cost? No!