any mortgage bods? How difficult is it to get a good credit rating?

[sparklemagic]

Sorry for incredibly boring question, but we're applying for a mortgage...we sold last year and have been renting in our new area. Now want to buy.

Need a 'high pass' on our credit rating as we have to borrow 4.8 x joint income due to silly house prices!

Was wondering what sort of things show up as bad? I am getting paranois - have been late paying my storecard once or twice; but mainly concerned as when we sold our house in December, our then mortgage company had a bizarre system that as soon as the deeds to the house were requested, they stopped the mortgage direct debit! We nevr recived the letter they SAID they sent about this so ended up paying that month's mortgage a week or so late.

However we've never had 'real' arrears and no court judgements or anything....

do you think we are likely to get our mortgage??

sorry again for being so boring!!!!!

Why don't you get our credit reports from Experian or Equifax to see if there are any adverse items on it. We're applying for a new mortgage & I kept getting spam mail through the post about consolidation, bad credit loans etc & I panicked as I've a spotless credit history. Paid £2 & there's b all on it to worry about, must just have got on some mailing list somewhere.

Alternatively you could get your own report oops!

Hiya I work in finance and I think its evident u will need to see whats on your file- get in touch with experian - next is everything correct if not u need to write to expereian to rectify - notice of correction make sure u r on voters roll register, make sure all credit cais (keys) are matching 0000000 if 1210000 means u were 1 month 2 month 1 month arrears u must try and clear arrears etc
maybe have one account clear all cerdit cards etc y pay seperate interest rates just have one with one dd etc Try BENEFICIAL FINANCE PART HSBC THEY DO CONSOLE LOANS 0121 384 5813 BHAM

If you paid your old mortgage late because of their f*-up then that shouldn't go against you on your credit history. You could phone and check that it didn't with your old mortgage company.

The most important thing for upping your credit score is being on the electoral role.

When I last moved (and needed a huge income multiple) I went with the bank that holds my current account because they aren't likely to credit score you because they already have loads more interesting info about you. Then once you've moved in, you can shop around and switch to a more attractive rate elsewhere without the worry that it'll all fall through.