Mortgage Torfoxwell

#1
Hi everyone ,



Sorry its me again ,



So we went to see our mortgage advisor yesterday who is my cousin who said we would decide to try with halifax first - now is this such a good idea ? My deafults were with halifax in 2011 !!! and now settled after much confusion. I suggested aldermore to him and he said they wernt so keen on deafults of late.



They were for 650 on a card and 450 on a current account bank charges .



Now i dont want to be patronising as its not my job , but i spoke to another mortgage advisor who said a no basically to high street banks and has advised he can get us a mortgage at a 10 percent deposit , he deals with adverse cases.



Tbh i dont mind as long as we get a mortgage but i dont thimk applying to one a hoping is the best route



Anyone have any thoughts on this ? Put me in my place if im being silly

#2
Halifax has no published criteria on adverse credit and their BDMs encourage us to have a go and see if an agreement in principle passes.



As the next option may well be a higher rate it is sensible to at least consider such an option as the soft search leaves no footprint visible to other lenders.



The difficult decision can be to submit a full application or not as a full search is then done and the outcome may be less predictable with a possible referral to a business assessor/credit decisioning.



We would discuss the options with our clients and give them the opportunity to direct us. There is no right/wrong answer here.

#3
Halifax may do it, they may not. Aldermore not liking defaults is ridiculous. Its like saying kids don't like McDonalds.



As aldermore do not credit score you can try a lender or 2 or 200 and it would not impact on aldermore. I would not suggest trying 200 but you get my point hopefully.

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