When you’re looking to obtain a mortgage or any form of finance such as a loan or credit card your credit history will be taken into account.
There are a few ways you can check your credit file. Most lenders use two main credit reference agencies such as Experian or Equifax Both agencies can from time to time hold different information about your credit histories.
Check My File is a multi agency credit checker than can provide you with a report which covers Experian and Equifax as well as two other agencies which will give you the information you will need and also be able to see what any lender will see when you apply for a mortgage or any form of finance.
Credit Score Illustration
What will influence my credit report?
Your credit report will hold information from your full name, date of birth, address history and it will breakdown any credit commitment you have had over the past 6 years (including your mobile phone contract) and if that credit commitment has always been paid on time or not.Having your name correctly displayed on your credit file is important along with making sure you are on the electoral roll where you are living.
Having missed payment, defaults or registered County Court Judgements on your report will have a negative affect on your report and this will also have a negative affect to who will lend you funds for a mortgage or any form of finance. These will stay on your credit file for 6 years before coming off but events such as Bankruptcy will always need to be disclosed to a potential mortgage or finance lender.
If you have a copy of your Check My File report and you wanted expert advice around obtaining a mortgage please Contact Us and we can advise you on the available options for you when trying to obtain a mortgage.
The Mortgage Bubble has access to the whole of market when it comes to mortgages giving you a higher chance of success of us finding you a lender to fit your profile.
