Mortgage application

If in the future I wanted to apply for a new mortgage/remortgage once the 6 years are up and defaults dropped off….even if I still owe balances do I have to declare them on a mortgage application as they would be no longer on my credit report?

Comments

  • ManyWays
    ManyWays Posts: 1,168 Forumite
    1,000 Posts Fifth Anniversary Name Dropper
    If you are still paying them, a mortgage lender will see the payments on your bank statements and know what they are. If you stop paying, the creditor may go for a CCJ. 
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