Mortgage Sorter | What is a Credit Search

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What is a Credit Search

Lenders search your credit file at the credit reference agencies whenever you apply for credit.

They want to confirm that you are who you say and you live at the address you gave. And they want to see how you handled credit in the past.

This happens whatever type of credit you want - mortgages, credit cards, store cards, charge cards, HP or hire purchase, overdrafts and personal loans.

Each time a lender searches your file, the fact is shown on your file. The search leaves a footprint. The footprint stays on your record for one year.

Be careful about making numerous credit applications before you are sure you want to go ahead. Lenders might suspect you have money problems if they see numerous searches within a few months.

Bad credit concerns? Simply ask a bad credit mortgage expert.
It's free and completely confidential. Simply fill out the form below


Value of Property	£
		(eg 125000)

Borrow How Much?	£
		(eg 92500)

Your Mortgage Type

First time buyer?		Yes No
Have you found property?		Yes No
Country
Bad Credit History?		Yes No

Sorry ! The amount you want to borrow is less than £25,000. This is the minimum allowed for a mortgage. But don't worry! You could get the money via a personal loan. I want a free no obligation loan quote Click OK No thanks. I will change my borrow amount to more than £25,000 Click Cancel