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Can someone give me experiences of borrowing more money on mortgage with less than perfect score

(5 Posts)
newlabelwriter Sun 16-Aug-20 20:53:28

Just that. We need to get some work done on our house and would be looking re borrow an extra £100k on our mortgage. Our current mortgage deal with Halifax is up in November. DH has an excellent credit score but mine is fair (no CCJs etc). Currently 15 years left on mortgage & approx £400K equity on house. Anyone had any experiences similar and how hard was it to borrow extra.TIA.

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newlabelwriter Mon 17-Aug-20 09:59:24


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NikeDeLaSwoosh Mon 17-Aug-20 10:54:32

What is it that is causing the issues with your credit score?

I'm guessing a default or two?

What were they on, how many are there and how long ago was the latest adverse credit recorded?

VanGoghsDog Mon 17-Aug-20 11:48:45

Speak to a broker.

On the face of it, with that level of equity, I assume you have no problem affording repayments, and a fair to good credit score - I can't see any problem?

newlabelwriter Tue 18-Aug-20 18:23:27

Thank you

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