AIP for equity release required

JAS82N

So, my distant history is not great however I’ve worked bloody hard on my Credit score, paying off debts, getting a better mortgage deal as was a Northern Rock come Landmark Morgage prisoner,
no more,
I have credit cards to build credit score I pay off every month,
ive had my mortgage with NatWest now for 7 months
ivd got my Equifax score up to 965, an unbelievable score that I didn’t think I’d ever get, all elements in green, Zero hard searches in last 12 Months,
no loans and not in overdraft,
despite all this which I must stress I’ve worked bloody hard to get in to this position from being on a DMP 10 years ago with a CCJ and a mountain of debt,
as said, now in an unbelievable condition yet when I’ve applied to NatWest for equity release to get my Drive done, buy a motorbike and pay for my lad to get his HGV licence, 
the soft search comes up a big fat NO!
I just don’t get it, when I was in the mire I was being thrown in to more debt, now I’m out of debt they don’t want to give me the cash it seems,
Just to note, LTV is fine, as is affordability, age not a restriction,
even the lass on the phone can’t understand it,
very little Britain, computer says NO!
any ideas folkes, Martin?

Thrugelmir

7 months in and you are already looking for equity release. Red flag to an underwriter. Given your past history. Not that it's anything personal. Just lenders previous experience that they have in spades. 

JAS82N

Good point, be good to know there lending criteria then,

[Deleted User]

They won't reveal their criteria, beyond some basic. One thing they definitely don't look at is your credit score though. They assess risk through your behaviour.

Your rapid need for borrowing is going to be a concern for any lender though.

[Deleted User]

Sorry to be the bearer of bad news, but spending all that time to "improve" a fictitious score that no lender ever sees was a waste of time