Mortgage and credit history

lemonade · 9 Jun 2013 at 17:06

Hi

Was wondering if one was going to apply for a mortgage but they have never used credit cards or taken out loans, how would the credit history look like and would the lender give them a mortgage?

Cheers

lemonade · 10 Jun 2013 at 22:42

Fantastic bits of info, mucho gracias people, this is really helpful. I might have a stain on my history then as one of council tax payment once failed because my card got blocked, other than I don't have much. Do student tuition loans count? Still paying that off

lemonade · 11 Jun 2013 at 11:59

One thing I remembered I have got quite a few rent arrears in the past, due to the stupid housing association never giving an accurant rent fee and changing it regauarly so I've underpaid a lot of times, but paid back the owed amounts straight away. Do rent payments to private housing association count towards credit history?

lemonade · 11 Jul 2013 at 22:07

The guy dealing with my mortgage stuff got back to me and said it has been turned down because my crediting rating is too low, yet apparently if I pay 30k deposit I can get a mortgage. Doesn't really make much sense.

Whats the quickest way to get the rating up? I've signed up to experian but will have to wait for the pin to arrive and then see if possibly I have nay issues such as cokecans.

Really peed off as this may be the only chance I can buy a property and this silly credit rating thing has now put everything down the drain.