Halifax Mortgage declined - please help! Unfair credit markers

No19v87

jemmarocks said:

RelievedSheff said:

I'm no expert by any means but I suspect that there is more to this than 2 missed/late payment markers from three years ago.

Halifax are one of the less strict lenders. We managed to secure a mortgage through them with a CCJ on my credit file.

There are brokers on here who specialise with cases with adverse credit files. They may be best placed to advise what your next move should be. 

Wow really? How old was the CCJ? This is what shows up

Were you tight on the affordability as well? Again, no expert, but it seems really odd for Halifax to sink it for a questionable marker on a utility bill 3 years ago.

The ultimate answer though is you absolutely will get a mortgage if this is the only issue you face. No comfort now obviously but don’t worry too much as you will get one.

RelievedSheff

jemmarocks said:

RelievedSheff said:

I'm no expert by any means but I suspect that there is more to this than 2 missed/late payment markers from three years ago.

Halifax are one of the less strict lenders. We managed to secure a mortgage through them with a CCJ on my credit file.

There are brokers on here who specialise with cases with adverse credit files. They may be best placed to advise what your next move should be. 

Wow really? How old was the CCJ? This is what shows up

The CCJ was 5 years old at the time of the application so still visible on my credit files.

It has since dropped off and we both now have squeaky clean credit files so hopefully our next mortgage application will be a lot less stressful!!

magpies79

Not really advice and I know things have change a lot over the years my mortgage was with Halifax all be it over 20 years ago but the same thing happened to me however it was a ccj that was found for an old water bill that was like £90 I couldn’t believe it also the fact they took me to court for £90 plus charges.

 had been excepted made an offer was like weeks away from exchanging in the end had to pay it off get a certificate of satisfaction explain why I hadn’t paid it had to go to the branch and have a meeting lol again explain why It wasn’t paid and got to a ccj.

In the end excepted and we brought our first home all be it with a higher interest rate they must be something else a few missed payments from eon 3 years ago seems harsh 

kingstreet

Not really much to suggest for the OP right now but for others reading this, get your credit files before you start to look seriously and having done that, find a broker and get a decision in principle. In this way, potential shocks should be out of the way before you start making life-changing decisions.

jemmarocks

No19v87 said:

jemmarocks said:

RelievedSheff said:

I'm no expert by any means but I suspect that there is more to this than 2 missed/late payment markers from three years ago.

Halifax are one of the less strict lenders. We managed to secure a mortgage through them with a CCJ on my credit file.

There are brokers on here who specialise with cases with adverse credit files. They may be best placed to advise what your next move should be. 

Wow really? How old was the CCJ? This is what shows up

Were you tight on the affordability as well? Again, no expert, but it seems really odd for Halifax to sink it for a questionable marker on a utility bill 3 years ago.

The ultimate answer though is you absolutely will get a mortgage if this is the only issue you face. No comfort now obviously but don’t worry too much as you will get one.

 

Our joint salary is £85k and the mortgage is for £234k so less than 3x our salary.

The broker has said the valuation has been issued this morning and that’s fine and Halifax have asked for our July bank statements this morning so hoping there is a small glimmer of it going through.

jemmarocks

kingstreet said:

Not really much to suggest for the OP right now but for others reading this, get your credit files before you start to look seriously and having done that, find a broker and get a decision in principle. In this way, potential shocks should be out of the way before you start making life-changing decisions.

Couldn’t agree more. I am the type who religiously checks their credit file every week but my partner isn’t and this is on his credit file. If we’d have known this was on there, it would have been resolved 3 years ago

RelievedSheff

jemmarocks said:

No19v87 said:

jemmarocks said:

RelievedSheff said:

I'm no expert by any means but I suspect that there is more to this than 2 missed/late payment markers from three years ago.

Halifax are one of the less strict lenders. We managed to secure a mortgage through them with a CCJ on my credit file.

There are brokers on here who specialise with cases with adverse credit files. They may be best placed to advise what your next move should be. 

Wow really? How old was the CCJ? This is what shows up

Were you tight on the affordability as well? Again, no expert, but it seems really odd for Halifax to sink it for a questionable marker on a utility bill 3 years ago.

The ultimate answer though is you absolutely will get a mortgage if this is the only issue you face. No comfort now obviously but don’t worry too much as you will get one.

 

Our joint salary is £85k and the mortgage is for £234k so less than 3x our salary.

The broker has said the valuation has been issued this morning and that’s fine and Halifax have asked for our July bank statements this morning so hoping there is a small glimmer of it going through.

Do you have any current credit commitments that would lower your affordability.

If they are asking for further information then they are still working on your case so have not fully declined it!

No19v87

jemmarocks said:

kingstreet said:

Not really much to suggest for the OP right now but for others reading this, get your credit files before you start to look seriously and having done that, find a broker and get a decision in principle. In this way, potential shocks should be out of the way before you start making life-changing decisions.

Couldn’t agree more. I am the type who religiously checks their credit file every week but my partner isn’t and this is on his credit file. If we’d have known this was on there, it would have been resolved 3 years ago

Oh I bet he’s been properly told off.

jemmarocks

RelievedSheff said:

jemmarocks said:

No19v87 said:

jemmarocks said:

RelievedSheff said:

I'm no expert by any means but I suspect that there is more to this than 2 missed/late payment markers from three years ago.

Halifax are one of the less strict lenders. We managed to secure a mortgage through them with a CCJ on my credit file.

There are brokers on here who specialise with cases with adverse credit files. They may be best placed to advise what your next move should be. 

Wow really? How old was the CCJ? This is what shows up

Were you tight on the affordability as well? Again, no expert, but it seems really odd for Halifax to sink it for a questionable marker on a utility bill 3 years ago.

The ultimate answer though is you absolutely will get a mortgage if this is the only issue you face. No comfort now obviously but don’t worry too much as you will get one.

 

Our joint salary is £85k and the mortgage is for £234k so less than 3x our salary.

The broker has said the valuation has been issued this morning and that’s fine and Halifax have asked for our July bank statements this morning so hoping there is a small glimmer of it going through.

Do you have any current credit commitments that would lower your affordability.

If they are asking for further information then they are still working on your case so have not fully declined it!

Not heard back from broker but they are on annual leave this afternoon. I have called Halifax myself and they’ve said they can only offer us 85% mortgage, not 90% anymore. Obviously don’t have an extra £13k to spare 🤷🏼‍♀️