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Declaring previous address on personal loan application

1 reply

User134389 · 31/01/2024 19:01

Hello,

I am going to get a loan from my bank Natwest. In between selling my last home and buying my current home, I rented for a year, which it seems I forgot to tell Natwest about. So when I apply and it asks for my previous address, when I add my rental and then my home before that, it takes me to a page saying they need more information rather than provide a quote. If I just have my current home and then say my previous home before this was my old mortgaged home and omit my rental it says I am approved.

It seems like a bad idea to lie and omit this rental for no apparent reason other than Natwest appear to not have known at the time I was between addresses. Unless I did tell them (can’t remember either way) and including it is causing a problem - I.e making me look like I move too often?

Do I have to go into branch to apply for the loan as it won’t proceed with my application when I include the rental?

OP posts:
Sazza463 · 31/01/2024 23:19

It’s likely your rental will be linked to you via the credit reference agency. If you had any financial products when you lived there there will be a trace. So definitely don't lie! You can view your record via a company like Equifax. It’s scary how much data it captures.

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