Getting a mortgage with the bank that you previously had debt with.

Hurndog

Hi all,

I’m in the process of applying for a mortgage with Barclays, I previously had a Barclays cc of debt of a value of £2.5k that was sold to a debt collector and resulted in a CCJ. This has now been paid off and was over 6 years ago and is no longer on my credit file. Will this affect me trying to get a mortgage with them? 

My credit score is great, I’ve missed no payments and don’t have any debt or loans etc. 

MyRealNameToo

Hurndog said:

I’m in the process of applying for a mortgage with Barclays, I previously had a Barclays cc of debt of a value of £2.5k that was sold to a debt collector and resulted in a CCJ. This has now been paid off and was over 6 years ago and is no longer on my credit file. Will this affect me trying to get a mortgage with them? 

My credit score is great, I’ve missed no payments and don’t have any debt or loans etc. 

You'll find out in due time. 

My ex was made bankrupt by a bank and 10 years after being discharged she was working for them despite the in-depth vetting required for those working in financial services generally and counter-fraud in particular. They did however decline three requests for a fairly modest personal loan she wanted over the years we were together. 

ACG

I dont know about Barclays specifically but I used to work for RBS/Natwest and I know if they write off a penny, they will keep an internal record indefinitely. 

When they sold the debt to the debt collector, that was them writing off a lot of your debt. 

Ask them if there is any policy that would mean you will be declined. Or maybe try a different lender. 

amnblog

Avoid Barclays as a result of this history