Bt default

[PlanB]

Re: Bt default

I have raised a dispute with equifax so will wait to see what they say, the number given didnt ring any bells, it was a cardiff number and im not from there

Have you had a response to your disputed BT default from Equifax yet? It's been nearly three weeks since you raised it with them Your goal is to get rid of that financial blemish asap.

ive also found out that MIP is with Halfiax . . . will this make a difference as Accord shows it does accept defaults where as halifax doesnt specify its criteria?

According to the intermediaries' website Halifax credit score you for a DIP so they should have seen that default on your CRA file:

Our mortgage promise provides a full mortgage credit score facility using minimal information.
It states how much we can lend, is valid for three months and is subject to a valuation and the information supplied being correct.


Read their full Lending Criteria here: http://www.halifax-intermediaries.co...e/default.aspx


As Niddy has said although you've got a DIP you may still have to jump through some more hoops when they assess affordability where they'll put you more under the microscope

[l8onjones]

Re: Bt default

haha possibly, ive also found out that MIP is with Halfiax (misunderstood the advisor) not Accord will this make a difference as Accord shows it does accept defaults where as halifax doesnt specify its criteria?

[CleverClogs (RIP)]

Re: Bt default

anybody have an ideas just curious that's all why the searches etc show on my but not hers?

Perhaps she has an "honest looking face", but you don't?

[Never-In-Doubt]

Re: Bt default

Nope no joint account this mortgage app will be our first app together, but like I said all the details appear on my credit report but not hers

So it's a joint mortgage, with you as applicant 1 (ie the main applicant)? If so that will create a financial link between you both usually with the search appearing on your file. When the actual lender searches/assesses the application they'll conduct a full search on each of you.

A MiP means nothing really, it literally means 'yea we'll consider you but there is a long way to go yet - plus of course, FULL FINANCIAL DISCLOSURE of all applicants'.

I am not being pessimistic, I have seen it too often where the MiP is removed upon a full assessment, especially with the recent changes. However I do wish you luck and hope you prove me wrong - too right I hope you prove me wrong, lol.

[l8onjones]

Re: Bt default

anybody have an ideas just curious thats all why the searches etc show on my but not hers?

[l8onjones]

Re: Bt default

No not the default, the searches for the mortgage don't appear on hers just mine and im not named as an association on hers

[CleverClogs (RIP)]

Re: Bt default

Yeah it was just more the curiousity as to why it didn't appear on her credit report ?

Why should it?

It wasn't her debt.

[l8onjones]

Re: Bt default

Yeah it was just more the curiousity as to why it didn't appear on her credit report ?

[CleverClogs (RIP)]

Re: Bt default

She may have become a "financial associate" because of the joint application.

If so, it looks as if she'll be lumbered with you...

[l8onjones]

Re: Bt default

Nope no joint account this mortgage app will be our first app together, but like I said all the details appear on my credit report but not hers

[SaltnVinegar]

Re: Bt default

Well so far so good a mortgage in principal has been agreed with Yorkshire building society, also when the Independant mortgage advisor found the decision in principle he uncovered the default how did he manage to do this?

Excellent news, congratulations on getting an In Principle decision and I'm really pleased you managed to prove an exception to the rule (and I say this having seen dozens of people knocked back for mortgages due to payday loan entries), and it looks like your IMA has worked really hard for you.

Best Wishes

SnV

[CleverClogs (RIP)]

Re: Bt default

Do you have any joint accounts?

[l8onjones]

Re: Bt default

Also another question looking at credit reports for both me and my partner she shows as a financial associate with myself on my report and the searches show on my report but nothing at all on her any reason for this?

[PlanB]

Re: Bt default

Though not, presumably, a copromancer?

Nope, I leave that to the Awful Poo Lady aka 'Dr' Gillian McKeith.

Mind you since most lenders are full of sh*t I may need to study the practice in future

[CleverClogs (RIP)]

Re: Bt default

I believe it is with accord actually

I must be a psychic as well as an optimist

Though not, presumably, a copromancer?