We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 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!

Incorrect credit balance on report prior to exchange on property

Hi,
First post here, thought about posting in the mortgage sub but I think this might be a better place.
I have had a mortgage approved and we are near to exchange on a property.
I check my credit reports with Equifax, Transunion and Experian regularly when they update.
Equifax and Transunion this week are reporting a balance on my credit card of >£1000 which is incorrect, this was paid off in mid Jan (work related expenses and paid off the same month as the statement). I have checked with the actual card and the balance is 0 (I had a brief panic this was fraudulent). 

My 2 concerns are:
- If I leave it and let it refresh itself eventually (I assume there is just a delay in reporting the payment?), the mortgage company may do a second search before exchange and see a 'new' balance of £1000
- If I dispute it with the agencies, the mortgage company will see a dispute on my file and may not be willing to lend...

Is this something I should be concerned about?
Thanks

Comments

Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.7K Banking & Borrowing
  • 253.4K Reduce Debt & Boost Income
  • 454K Spending & Discounts
  • 244.7K Work, Benefits & Business
  • 600.1K Mortgages, Homes & Bills
  • 177.3K Life & Family
  • 258.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.