Aldermore Timescale

doglover34

Weve just been declined due to credit score too low!! hopefully all is not lost as application going in with Bluestone

Denspe

Oh that’s not the news you were hoping for. Fingers crossed new mortgage gets approved. Is the credit score of 644 from Experian? 

MovingForwards

The credit score will be what the lenders algorithm has assessed the information provided during the application and on the credit files, it's not the credit score seen by us when we look at our credit files; that score isn't seen or used by mortgage lenders only the credit history is.

doglover34

MovingForwards said:

The credit score will be what the lenders algorithm has assessed the information provided during the application and on the credit files, it's not the credit score seen by us when we look at our credit files; that score isn't seen or used by mortgage lenders only the credit history is.

MovingForwards said:

The credit score will be what the lenders algorithm has assessed the information provided during the application and on the credit files, it's not the credit score seen by us when we look at our credit files; that score isn't seen or used by mortgage lenders only the credit history is.

all i had was 2 missed payments on my credit file from March and April - but all caught up now. that is it!! No CCJs No Defaults??? They have already refunded the 650 valuation fee.  My hubby has a perfect record??

MovingForwards

I find it odd your broker has took you to Bluestone as they are pretty much the last lender for those of us with proper adverse history.

doglover34

I dont know...?? Feel so stressed with it all just want to give up and stay put. Making me ill.

Wilson777

@doglover34 and @Denspe any news ?

Denspe

@Wilson777 we received our offer from aldermore at the beginning of December. They did come back a few times with requests for paperwork. Just make sure you send straight away, lead time is 5 days to review once received. Really happy with the service we received & should hopefully be completing  early Jan. 

Wilson777

@Denspe congratulations to you guys! Feel happy for you guys 

Wilson777

@Denspe did you get an offer subject to valuation?  Did they ever called you directly if you used a broker ? Once they satisfied with valuation report did they request more information?