Credit Scoring

Credit scoring is an essential part of the mortgage application process; the lenders ability to lend will often come down to the information held on your credit file. All lenders run credit checks for mortgage applications without exception.

From time to time, the lender or we may request a copy of your credit report for review. This will allow us to see if you have had any missed payments, CCJ’s, Defaults or Bankruptcy’s, as well as the balances of your credit arrangements.

Checking your report can help foresee any potential issues before applying for a mortgage. It also allows you to keep an eye on your credit score if you have had past credit problems and want to improve your score.

From experience the quickest and simplest way to get a credit report is from Check my File.  This provides a Multi-Agency Credit Report Monitoring for 30 days FREE, however there is then a £14.99 monthly fee. You can cancel online at anytime.

Please don’t hesitate to contact us if you have any questions or require help obtaining your report.