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!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Mortgage

2»

Comments

  • SuseOrm
    SuseOrm Posts: 518 Forumite
    Third Anniversary 100 Posts Name Dropper
    ACG said:
    Thats not true. The outcome of your application does not get recorded on your credit report (neither does acceptance). It might affect your internal score with Natwest/RBS but it wont affect other lenders. 
    Unless they lodge this nonsense with NHunter
  • Sistergold
    Sistergold Posts: 2,148 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper Photogenic
    Hopefully she had not exchanged for this planned completion? It’s always not a good thing to be renegotiating house price at the last minute as mortgage offer is a dicey thing to keep valid! Best not squabble over a few thousands in this grand scheme of things. 
    I think best get on with a new application would be my approach in this. Good luck
    Initial mortgage bal £487.5k, current £258k, target £243,750(halfway!)
    Mortgage start date first week of July 2019,
    Mortgage term 23yrs(end of June 2042🙇🏽♀️), 
    Target is to pay it off in 10years(by 2030🥳). 
    MFW#10 (2022/23 mfw#34)(2021 mfw#47)(2020 mfw#136)
    £12K in 2021 #54 (in 2020 #148)
    MFiT-T6#27
    To save £100K in 48months start 01/07/2020 Achieved 30/05/2023 👯♀️
    Am a single mom of 4. 
    Do not wait to buy a property, Buy a property and wait. 🤓
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    SuseOrm said:
    ACG said:
    Thats not true. The outcome of your application does not get recorded on your credit report (neither does acceptance). It might affect your internal score with Natwest/RBS but it wont affect other lenders. 
    Unless they lodge this nonsense with NHunter
    NHunter is simply a record of the application data made. The system is designed to flag inconsistencies and share this data to member organisations. 
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    dont_use_vistaprint said:
     So they have lied 
    Read the declaration that was signed on the mortgage application form. You'll find that the applicant agreed to notify the lender of any material changes subsequent to the application being made. Couldn't be any clearer.   
★ ★ ★ 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
  • 353.5K Banking & Borrowing
  • 254.2K Reduce Debt & Boost Income
  • 455K Spending & Discounts
  • 246.6K Work, Benefits & Business
  • 602.9K Mortgages, Homes & Bills
  • 178.1K Life & Family
  • 260.6K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K 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.
Update Your Picture