Mortgage Criteria

J2WRK

Does anyone know which companies use experian and which use equifax. I currently have a few credit card late payments all back in latest being Jan 2007. I have a few excess credit searches on my account also this is all with equifax. My experian account is perfect. The score I am getting is 358 fair with equifax and 960 with experian. I am going to apply for a mortgage of 94,000 will I have any problems. I am putting a further 55,000 down as a deposit total property price is 149,000. Anyone any thoughts!????

Dan_Collins_2

MOst lenders are experian. Some both! Coventry are equifax so they wont be any good.

TEDDYRUKSPIN

Would'nt worry about it.

Just order an experian report beforehand. Provide this to your lender and the likely hood, if affordable and with a good deposit, it will be AUTHORISED!

Good luck.

The answer is as long it is affordable to lender, you will be ok!

space_rider

I saw a list somewhere on here of which company uses which credit agency. I may have seen it when I was thinking of applying for a credit card.

space_rider

Here you go! http://www.moneysavingexpert.com/cards/credit-reference

Dan_Collins_2

TEDDYRUKSPIN wrote: »

Would'nt worry about it.

Just order an experian report beforehand. Provide this to your lender and the likely hood, if affordable and with a good deposit, it will be AUTHORISED!

Good luck.

The answer is as long it is affordable to lender, you will be ok!

If they use Equifax that will not help. All lenders know that they can report things incorrectly!

J2WRK

Will the fact I will only have a 66Percent LTV help me if I have a few payments late with credit cards etc?

Also how upto dat is that credit search list ?