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

[qwerty2016]

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

[Never-In-Doubt]

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

[qwerty2016]

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

[Never-In-Doubt]

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

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!

[PlanB]

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

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

[qwerty2016]

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

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

[Stare16782]

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?