Hi all
House moving is what every one seems to be doing in my family for some reason! my brother and his girlfriend are planning on buying their first property and he has recently acquired his credit reports from equifax and Experian. On his equifax report (score 453) he has an unsettled CCJ for £923 from July 2007. He doesn't have this ccj listed on his experian report (score:870) and only recently got accepted for a current account with Lloyds Tsb despite his adverse history.
Do you think he has a chance of getting a mortgage? Are there lenders who only check experian?
They have saved up a 20% deposit. His girlfriend has an excellent history and a good salary. He has a good salary too apart from this black mark. Unfortunately, the property they are planning to buy is only affordable if they apply jointly.
Any advice would be appreciated
House moving is what every one seems to be doing in my family for some reason! my brother and his girlfriend are planning on buying their first property and he has recently acquired his credit reports from equifax and Experian. On his equifax report (score 453) he has an unsettled CCJ for £923 from July 2007. He doesn't have this ccj listed on his experian report (score:870) and only recently got accepted for a current account with Lloyds Tsb despite his adverse history.
Do you think he has a chance of getting a mortgage? Are there lenders who only check experian?
They have saved up a 20% deposit. His girlfriend has an excellent history and a good salary. He has a good salary too apart from this black mark. Unfortunately, the property they are planning to buy is only affordable if they apply jointly.
Any advice would be appreciated