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  • FIRST POST
    • RealElement47
    • By RealElement47 19th Jul 19, 3:16 PM
    • 92Posts
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    RealElement47
    Will old DRO affect mortgage application?
    • #1
    • 19th Jul 19, 3:16 PM
    Will old DRO affect mortgage application? 19th Jul 19 at 3:16 PM
    If a DRO is about 5 years old, would it better to wait the full 6yrs for it to be dropped off credit file before applying for mortgage ?
Page 1
    • sourcrates
    • By sourcrates 19th Jul 19, 3:34 PM
    • 18,012 Posts
    • 16,937 Thanks
    sourcrates
    • #2
    • 19th Jul 19, 3:34 PM
    • #2
    • 19th Jul 19, 3:34 PM
    Short answer is yes.


    It won`t be impossible to get a mortgage, but your chances are greatly improved the better your credit file looks.
    Last edited by sourcrates; 19-07-2019 at 3:58 PM.
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    • RealElement47
    • By RealElement47 20th Jul 19, 4:08 AM
    • 92 Posts
    • 2 Thanks
    RealElement47
    • #3
    • 20th Jul 19, 4:08 AM
    • #3
    • 20th Jul 19, 4:08 AM
    Short answer is yes.


    It won`t be impossible to get a mortgage, but your chances are greatly improved the better your credit file looks.
    Originally posted by sourcrates
    Is it the case that after six yrs there is no record of the dro on your credit file?
    • keepcalmandstayoutofdebt
    • By keepcalmandstayoutofdebt 21st Jul 19, 10:50 AM
    • 3,705 Posts
    • 1,950 Thanks
    keepcalmandstayoutofdebt
    • #4
    • 21st Jul 19, 10:50 AM
    • #4
    • 21st Jul 19, 10:50 AM
    Is it the case that after six yrs there is no record of the dro on your credit file?
    Originally posted by RealElement47
    Yes this is correct. As soon as it reaches the 6th year it is wiped automatically from the file.
    Welcome, you'll be ok here if you want to apply for that job for the 6th time of being rejected, if you don't mind everyone else having rights well above u and if you want to receive far more in compo then ever paid in. And don't lose anything or anyone.
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