DIP's, Habito and some not so recent adverse

WensleydaleDreams

Hi
Just thinking out loud and at a crossroads of what to do next really.  Just wondered if anyone else had any opinions...
I've ran a few DIP's with high street lenders, most recently with Nationwide today. All have agreed DIP's, Lloyds & Halifax said 85% LTV but Nationwide have agreed DIP at 90% LTV.  We are FTB's.  I'm aware the lenders run a soft credit check.  We have a 10% deposit.
I asked for a mortgage recommendation through Habito, I gave them our credit files, and explained that while my partners credit file is squeaky clean, mine has 1 default for BT (£46) & this was registered Oct 2016 (although I've tried to settle this on numerous attempts, they can't find any such account...) I also had some late payments in 2016 across my credit card & utility bills but was up to date with payments 3 months later.  Nothing adverse for at least 4 years.  Habito said we have a tiny chance with Halifax, & to just try them, otherwise its a subprime lender.  Apparently nationwide was a no go due to my credit issues 4 years ago, but their DIP directly has come back ok...  

I'm thinking;
1.  Are soft search DIPs a good indication of success at full application if the outgoings are all accurately reported?  Is it worth trying?
2. Are Habito reliable enough to tell me accurately where we realistically stand, or are they looking for easy wins so passing me to subprime enables a higher chance of commission?
3. Do I need another broker?

Thanks, sorry for the ramble.

K_S

1. If filled accurately, keeping in mind lender criteria, then DIPs are a good indication. Depending on which files are checked by that lender at DIP/full application, it may or may not pick up all the relevant adverse.

Afaik (from memory), Nationwide may decline for unsatisfied defaults, so that could be a reason for your broker refusing to place with them. It might just be that it wasn't picked up in the DIP (plenty of possible reasons).

WensleydaleDreams

Thanks for your reply, ahh that's a shame, I'll have to leave it for now then until BT can locate this account.