Payment hoilday default update

[Deleted User]

monetxchange said:

Mortgages are strict, but even mortgage providers cannot dig up something that's dropped off your credit file and hold it against you. 

I'd recommend that when the time comes, you get a good broker that will take the time to explain how mortgages work to you. Mine did and it was really helpful. You do come across as a little ill informed and tend to listen to anecdotal advice on things and it's extremely important you understand your mortgage, the biggest financial commitment you'll ever make. There can't be any uncertainty and "assuming" things like missed payments aren't that bad etc as the difference with a mortgage is if you act financially irresponsibly, your home will be at risk.

Lenders have their own records that go back a lot further than 6 years.  For example, the RBS banking group are well known for knocking people back for mortgages who've had missed payments and defaults with them in the past even if it was over 6 years ago and no longer showing on your credit files.