A clear credit reference is preferred in all cases together with evidence of a satisfactory payment record on all current or previous mortgages, loans, and credit and rental agreements.
Please refer for consideration, any instances of slightly imperfect credit history.
All credit arrangements must be disclosed in the mortgage application form including those relating to interest free arrangements and credit cards that are cleared each month.
We may request a certified copy of the latest full statement for the applicant’s existing mortgage if we are unable to locate the mortgage account in our credit search.
Posted in: Guide to Terms & Underwriting