We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Vida Homeloans return to market?
Options
Comments
-
Fingers crossed for youPTaylor87 said:0 -
Yep just had a update today from MB.. vida have asked if the default has been paid off which its £945 so will have to pay that off know. But soo confused as there were well aware of the default if vida asked earlier I would have paid off...a few years back I took out some home credit account for stupid reasons I've just paid them off know this... vida just keep the file sat on the desk for weeks and then come back after a few months asking questions every other day...PTaylor87 said:
0 -
When was the default from if you don’t mind me asking? What would have happened if you didn’t pay it off? Was this the underwriter who’s asked about this?Ismaimran said:
Yep just had a update today from MB.. vida have asked if the default has been paid off which its £945 so will have to pay that off know. But soo confused as there were well aware of the default if vida asked earlier I would have paid off...a few years back I took out some home credit account for stupid reasons I've just paid them off know this... vida just keep the file sat on the desk for weeks and then come back after a few months asking questions every other day...PTaylor87 said:
0 -
It was a Barclay card credit card from 3 years ago..the broker said to pay it off he said that vida have asked if its paid off..PTaylor87 said:
When was the default from if you don’t mind me asking? What would have happened if you didn’t pay it off? Was this the underwriter who’s asked about this?Ismaimran said:
Yep just had a update today from MB.. vida have asked if the default has been paid off which its £945 so will have to pay that off know. But soo confused as there were well aware of the default if vida asked earlier I would have paid off...a few years back I took out some home credit account for stupid reasons I've just paid them off know this... vida just keep the file sat on the desk for weeks and then come back after a few months asking questions every other day...PTaylor87 said:0 -
So what would have happened if you hadn’t have paid it off as I thought if defaults were over 2 years old it was fine but they’d put it on your monthly expenditure at 3% of the balance?Ismaimran said:
It was a Barclay card credit card from 3 years ago..the broker said to pay it off he said that vida have asked if its paid off..PTaylor87 said:
When was the default from if you don’t mind me asking? What would have happened if you didn’t pay it off? Was this the underwriter who’s asked about this?Ismaimran said:
Yep just had a update today from MB.. vida have asked if the default has been paid off which its £945 so will have to pay that off know. But soo confused as there were well aware of the default if vida asked earlier I would have paid off...a few years back I took out some home credit account for stupid reasons I've just paid them off know this... vida just keep the file sat on the desk for weeks and then come back after a few months asking questions every other day...PTaylor87 said:0 -
Yeh that's what I thought but I asked the broker he said to pay it off as there have asked him again about it...I think at this rate the rules seem to be different for everyone as it seems. My husbands credit file is squeaky clean so still there not giving the benefit of the doubt and I only have one default which isnt alot of balance and few missed payments that I have told them y. But still have 100000 questions to answerPTaylor87 said:
So what would have happened if you hadn’t have paid it off as I thought if defaults were over 2 years old it was fine but they’d put it on your monthly expenditure at 3% of the balance?Ismaimran said:
It was a Barclay card credit card from 3 years ago..the broker said to pay it off he said that vida have asked if its paid off..PTaylor87 said:
When was the default from if you don’t mind me asking? What would have happened if you didn’t pay it off? Was this the underwriter who’s asked about this?Ismaimran said:
Yep just had a update today from MB.. vida have asked if the default has been paid off which its £945 so will have to pay that off know. But soo confused as there were well aware of the default if vida asked earlier I would have paid off...a few years back I took out some home credit account for stupid reasons I've just paid them off know this... vida just keep the file sat on the desk for weeks and then come back after a few months asking questions every other day...PTaylor87 said:
How much mortgage are u taking out if u dont mind me asking. We are not taking much around 94k and we have more then 20% deposit too0 -
I'm not sure what to do know as broker said its better to be paid off..but I've checked that if its over 2 years old there will deduct some money off the offer etc. vida is offering us 95k on the dip we only need at least 85k so even if there give less in the offer it wouldn't be a issue really. But I'm just worried that I dont want them to decline me due to this. Broker is not very straight forward in telling what if it's not paid off etc0
-
So the mortgage we need is 240k with 20% deposit and earn 80k between usIsmaimran said:
Yeh that's what I thought but I asked the broker he said to pay it off as there have asked him again about it...I think at this rate the rules seem to be different for everyone as it seems. My husbands credit file is squeaky clean so still there not giving the benefit of the doubt and I only have one default which isnt alot of balance and few missed payments that I have told them y. But still have 100000 questions to answerPTaylor87 said:
So what would have happened if you hadn’t have paid it off as I thought if defaults were over 2 years old it was fine but they’d put it on your monthly expenditure at 3% of the balance?Ismaimran said:
It was a Barclay card credit card from 3 years ago..the broker said to pay it off he said that vida have asked if its paid off..PTaylor87 said:
When was the default from if you don’t mind me asking? What would have happened if you didn’t pay it off? Was this the underwriter who’s asked about this?Ismaimran said:
Yep just had a update today from MB.. vida have asked if the default has been paid off which its £945 so will have to pay that off know. But soo confused as there were well aware of the default if vida asked earlier I would have paid off...a few years back I took out some home credit account for stupid reasons I've just paid them off know this... vida just keep the file sat on the desk for weeks and then come back after a few months asking questions every other day...PTaylor87 said:
How much mortgage are u taking out if u dont mind me asking. We are not taking much around 94k and we have more then 20% deposit too0 -
So VIDA confirmed that they have got all our documents and is being underwritten but then have asked for more bank statements showing the build up of deposit over the year! Stressful if you’ve been saving for several yearsPTaylor87 said:
So the mortgage we need is 240k with 20% deposit and earn 80k between usIsmaimran said:
Yeh that's what I thought but I asked the broker he said to pay it off as there have asked him again about it...I think at this rate the rules seem to be different for everyone as it seems. My husbands credit file is squeaky clean so still there not giving the benefit of the doubt and I only have one default which isnt alot of balance and few missed payments that I have told them y. But still have 100000 questions to answerPTaylor87 said:
So what would have happened if you hadn’t have paid it off as I thought if defaults were over 2 years old it was fine but they’d put it on your monthly expenditure at 3% of the balance?Ismaimran said:
It was a Barclay card credit card from 3 years ago..the broker said to pay it off he said that vida have asked if its paid off..PTaylor87 said:
When was the default from if you don’t mind me asking? What would have happened if you didn’t pay it off? Was this the underwriter who’s asked about this?Ismaimran said:
Yep just had a update today from MB.. vida have asked if the default has been paid off which its £945 so will have to pay that off know. But soo confused as there were well aware of the default if vida asked earlier I would have paid off...a few years back I took out some home credit account for stupid reasons I've just paid them off know this... vida just keep the file sat on the desk for weeks and then come back after a few months asking questions every other day...PTaylor87 said:
How much mortgage are u taking out if u dont mind me asking. We are not taking much around 94k and we have more then 20% deposit too0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.2K Banking & Borrowing
- 253.2K Reduce Debt & Boost Income
- 453.7K Spending & Discounts
- 244.2K Work, Benefits & Business
- 599.3K Mortgages, Homes & Bills
- 177.1K Life & Family
- 257.7K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards