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  • A broker who can help with a CIFAS marker - mortgage required

    Hi,

    I'm new to forums but was looking for some help and advice.

    I applied for a mortgage about 12 months ago, as part of the application I falsified my documents to inflate my income. To cut a long story short I now have a CIFAS marker against my name for application fraud for 'falsifying documents'.

    I appreciate how very foolish this was and regret it every day, I also live each day in fear that the police will turn up and arrest me which I understand is still a possibility. Please understand I beat my up about this everyday so don't need to be told how foolish I am.

    My focus now is to try and secure a home for my family and do the very best I can by them.

    As such I was wondering if anyone knew of a good broker who had a good understanding of CIFAS or of any lenders that may consider an application from someone in my position. I have good income and a good deposit and would be happy to pay an inflated interest rate to secure some lending.

    Thanks

  • #2
    Re: A broker who can help with a CIFAS marker - mortgage required

    CIFAS usually lasts for "as long as the fraud continues" so in this case it should drop off after around 13 months from entry date.

    A a broker won't help. A CIFAS cat1/4 is the worst fraud marker available.

    Don't worry. They won't pursue it via the Police. You should try & forget it; wait till around 3 months after the year anniversary then request SAR from CIFAS & see if it's gone.

    See this -> http://forums.all-about-debt.co.uk/s...cies-amp-CIFAS
    I'm the forum administrator and I look after the theme & features, our volunteers & users and also look after any complaints or Data Protection queries that pass through the forum or main website. I am extremely busy so if you do contact me or need a reply to a forum post then use the email or PM features offered because I do miss things and get tied up for days at a time!

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    • #3
      Re: A broker who can help with a CIFAS marker - mortgage required

      Hey thanks for the reply, I've spoken with CIFAS and the markers now last for 6 years! Really need to get a house sorted for my kids.

      Do you know of any lenders who will lend to someone in my position? Happy to pay an increased APR

      Comment


      • #4
        Re: A broker who can help with a CIFAS marker - mortgage required

        Originally posted by qwerty2016 View Post
        Hey thanks for the reply, I've spoken with CIFAS and the markers now last for 6 years! Really need to get a house sorted for my kids.

        Do you know of any lenders who will lend to someone in my position? Happy to pay an increased APR
        No - you're talking CRA's - yes, the entry remains visible on your credit record for 6 years like a default and/or a CCJ. However the CIFAS entry itself only lasts for as long as the fraud continues, usually 13 months - the sooner it's off (CIFAS) the sooner you can count down the 6 years - not all CRA's update CIFAS entries so you never know..... If for example Equifax didn't show it then you could likely apply to a lender who uses Equifax..... if you follow?

        As for getting a mortgage now - forget it. It's impossible with a Cat4 - Application Fraud entry. Nobody will touch you - not even for a basic bank account!
        I'm the forum administrator and I look after the theme & features, our volunteers & users and also look after any complaints or Data Protection queries that pass through the forum or main website. I am extremely busy so if you do contact me or need a reply to a forum post then use the email or PM features offered because I do miss things and get tied up for days at a time!

        If you spot any spammers, AE's, abusive or libellous posts or anything else that just doesn't feel right then please report them to me as soon as you spot them at: webmaster@all-about-debt.co.uk

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        • #5
          Re: A broker who can help with a CIFAS marker - mortgage required

          Originally posted by qwerty2016 View Post
          I applied for a mortgage about 12 months ago, as part of the application I falsified my documents to inflate my income. To cut a long story short I now have a CIFAS marker against my name for application fraud for 'falsifying documents'.

          I appreciate how very foolish this was and regret it every day, I also live each day in fear that the police will turn up and arrest me which I understand is still a possibility. Please understand I beat my up about this everyday so don't need to be told how foolish I am.

          My focus now is to try and secure a home for my family and do the very best I can by them.

          As such I was wondering if anyone knew of a good broker who had a good understanding of CIFAS or of any lenders that may consider an application from someone in my position. I have good income and a good deposit and would be happy to pay an inflated interest rate to secure some lending
          I agree with everything Niddy has said about a CIFAS marker.

          Moving on.

          Do you currently have a mortgage on your home and is that in arrears which is why you may/may not want to remortgage ?

          Or are you currently in rented accommodation?

          Or are you seeking to buy a home with a new mortgage?

          Plan B x
          I don't give advice, I share wisdom. Whenever the chips are down there's always a Plan B

          I'm a fully qualified mother which is the hardest exam I've ever sat. I have other more formal qualifications which are less important


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          • #6
            Re: A broker who can help with a CIFAS marker - mortgage required

            Hi Plan B,

            We are currently in rented, we had to pay 6 months rent up front to avoid the credit checks.

            I was hoping to buy a new home with a mortgage, I can scrape a 30/40% deposit and have a good income. I was hoping there might be some sort of subprime lender who can help people in my position, happy to pay a large broker fee or increased interest rate.

            The most frustrating thing of all is that I didn't need to exaggerate my salary, the broker advised I did it to get a better rate. Turned out it just gave me salary multiples that gave me access to lenders that gave him a bigger kick back! Not blaming him as ultimately it was me that did what I did.

            Just need to try and find a way out as waiting 6 years to buy a house it likely to destroy my family.

            Any advice?

            Thanks

            Originally posted by PlanB View Post
            I agree with everything Niddy has said about a CIFAS marker.

            Moving on.

            Do you currently have a mortgage on your home and is that in arrears which is why you may/may not want to remortgage ?

            Or are you currently in rented accommodation?

            Or are you seeking to buy a home with a new mortgage?

            Plan B x

            Comment


            • #7
              So, I have a Cifas marker I don’t know the exact date it was recorded but I’d say around 2/3 years ago now I have a Monzo account but it’s really not ideal and I’ve been really low about it, I was threatened a while ago for my card being an idiot I handed it over I’m a female to and it was by a group of lads I eventually said I didn’t want to do what they wanted but the money had already gone in the account so I left thinking that would be it and my accounts got closed do you know if there’s any way this can be removed atall?

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