Advice Needed Shared ownership Urgent!!

graphicology

OK i tried Nationwide but no go
They said im am high risk - But not to do with bad credit just dont meet
criteria, i dont get it Abbey said i was low risk and were happy to lend?

Any more advice on who might lend for S/O

i heard ipswitch may be worth a shot?

Thanks

graphicology

hi any ideas?

Many Thanks

homer_j_3

Do you have your credit file?

Conrad

Homer I dont really take too much notice of credit files as lenders credit scoring is about so much more than just whether debt repayments have been on time.

The client may be considered higher risk due to dozens of factors, most notable of which includes number of address's, time at address's, absence of home or work land lines, the area, legnth of time in jobs etc

graphicology

i do have my credie file from experian and its fine i called experian and they said they couldnt see anything that would flag up?

zoco

The housing association I'm buying from at the moment suggested these lenders who have done shared ownership in the past...

• Abbey National Plc
• Barclays Bank
• Bradford & Bingley
• Bristol & West
• Halifax Plc
• HSBC
• Nationwide Building Society
• Norwich & Peterborough Building Society
• Portman Building Society
• Woolwich Plc

This list is probably out of date and was defiantly compiled before this credit crunch but it might be of help.

lonestar1

If youve got a good credit history why not get the extra 5% from an unsecured loan. Not ideal but surely an option

graphicology

Is this an option i thought i coundlt get a loan for the deposit?

homer_j_3

Yep I know the credit file isnt the be all and end all. Also missed that I had asked already. Eyes are getting tired.

I just work through things logically to see if there is anything transparent.

You never said whether you were on voters roll?

graphicology

im on the vorers roll, i really cant see anything, i guess the only issue is lots of searches but what else can i do!!