Hi,
My partner and I hope to be applying for a mortgage soon so i have got my credit report from Experian. I have 3 entries under 'Previous searches' but 7 under 'Financial Associate Searches' where my partner has applied for credit.
Only one search under the 'Previous Searches' is recent (January this year) and 4 of the 7 under 'Financial Associate Searches' are in October last year (three by AA Insurance Services and one by Royal & Sun alliance).
My two questions are:
1. Which is worse for my credit file, searches on me under 'Previous Searches' or searches by my partner that appear in my name under 'Financial Associate Searches'?
2. If I am due to apply for a mortgage within the next month or so, is the search made in January going to have any negative effect against me?
Thank you in advance.
My partner and I hope to be applying for a mortgage soon so i have got my credit report from Experian. I have 3 entries under 'Previous searches' but 7 under 'Financial Associate Searches' where my partner has applied for credit.
Only one search under the 'Previous Searches' is recent (January this year) and 4 of the 7 under 'Financial Associate Searches' are in October last year (three by AA Insurance Services and one by Royal & Sun alliance).
My two questions are:
1. Which is worse for my credit file, searches on me under 'Previous Searches' or searches by my partner that appear in my name under 'Financial Associate Searches'?
2. If I am due to apply for a mortgage within the next month or so, is the search made in January going to have any negative effect against me?
Thank you in advance.