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Clear Credit History Mortgage Lender Scotland

irenemac_2
irenemac_2 Posts: 24 Forumite
in Mortgages & endowments
Can anyone advise me please of a mortgage lender in Scotland who will take on someone who has a clear credit history? The person in question once had a bank loan which was paid off within the terms but now they are having problems securing a mortgage. The house is as good as theirs subject to obtaining a mortgage. As they live in Scotland I suppose different lending rules apply to those in England.
Many thanks

???
What goes around - comes around
give lots and you will always recieve lots

Comments

  • Mortgageman
    Mortgageman Posts: 158 Forumite
    they are having problems securing a mortgage.
    has anybody said why?

    On the surface there doesn't seem a reason why they should be turned down
    I work for a Mortgage Adviser
    You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
    ( I have ammeded this signature slightly, as I do not actively provide mortgage advice. However, I support and adhere to the moneysavingexpert mortgage broker code of conduct)
  • irenemac_2
    irenemac_2 Posts: 24 Forumite
    he was turned down because he has no credit history - by that I assume no current debt.
    I will call him later - it's my nephew - and find out exactly - he doesn't have access to the internet so I am helping him out
    What goes around - comes around
    give lots and you will always recieve lots
  • Mortgageman
    Mortgageman Posts: 158 Forumite
    If your nephew has had a loan / bank account then he will have a credit history - it may be that they searched under the wrong address - is he on the elcetoral roll? does he have a current bank account?
    I work for a Mortgage Adviser
    You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
    ( I have ammeded this signature slightly, as I do not actively provide mortgage advice. However, I support and adhere to the moneysavingexpert mortgage broker code of conduct)
  • irenemac_2
    irenemac_2 Posts: 24 Forumite
    I would assume yes to all - but will get more info later and post to you if I can
    What goes around - comes around
    give lots and you will always recieve lots
This discussion has been closed.
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