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Is my mortgage advisor right?

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  • EmzJenks
    EmzJenks Posts: 218 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    ACG said:
    EmzJenks said:
    ACG said:
    EmzJenks said:
    I have one debt payment of £10 a month going out my account, I'm having to use a sub prime (Kensington) but got a DIP for 90% ltv full applications went in last week 
    Is there no adverse showing on your credit report? 
    My credit report is "fair" at the moment, nothing showing as current debt wise. All historic. Last default over 4 years ago. CCJ over 3 years ago satisfied in 2 months of being issued. Also lucky my salary is really good now and my husband's credit is perfect 
    Forget the credit score. If there is no adverse showing, I cant help but think Kensington was a bit of a hammer to crack a nut approach but I am basing that on limited info. Hopefully your broker didnt just go to the obvious lender without trying one or 2 more flexible lenders first. 
    Oh really? I didn't question them to be honest I just went with their recommendations. So hope they've done the right thing. Husband is self employed just to add which I know doesn't help either 😂
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