Hi All
My IVA Completed March 2016.
I currently have a house worth £125-£130k, outstanding mortgage is £113k at a ridiculous interest rate (nearly 5%).
I am not wanting to move home, but just to re-mortgage to a better deal.
I've spoken to my bank (Natwest) who did a "soft" credit search which returned back as a fail.
They did advise they have had people in the past who fail on the soft search but are successful and pass when a full credit check is done. I've asked for a couple of days to think about it as I understand if it is rejected, it will show on my credit file for a year as rejected application.
They advised they use Equifax for their searches.
I've just checked my Equifax account, my score is 395 (Fair), as at today.
The IVA doesn't show up on my file.
I have checked, and everything shows up as "green" apart from Credit Agreements which is red.
I have 7 active credit agreements (all showing as green).
Vodafone, EE, Mortgage (which has two late payments showing in Feb & Mar 2013),Natwest Current Account no overdraft.
Vanquis Credit Card (to help build my credit - which has recently upped credit limit from £500 to £1,000, I use this for shopping and petrol and pay off the full statement value each month).
Aqua Credit Card - again to help build my credit - the limit is £1,000 and has 6 month's interest free so I spent £1k on it and am paying the value off within the 6 months - again to show I can manage credit without paying interest.
Mail Order (Littlewoods Account) - which I pay off in time every month. This has two late payment showing (Sep 2014 & Feb 2016).
There are two old inactive credit agreements showing which were settled as part of my IVA (and that is reflected on my credit file) - I had 11 different creditors in the IVA but only two are showing on my credit account.
I have one account which is British Gas - which when I started to check my credit files on completion of my IVA was showing as an outstanding amount (in red). I contact British Gas as this was incorrect. They agreed and altered my credit file to show this as settled (this status was changed on my account in Nov'2016). However, all the months up to November are still showing as Red with late payments)!
The second is a Santander Personal Loan which was part of my IVA - my credit file has a default against it in Dec'2011, and a settled against it in Mar'2016 (that was IVA completion).
I'm guessing my main problems will be the Santander and British Gas Problems.
Does anyone have any advice, help, assistance. I'm really struggling to make the decision but thinking I probably need to get these two things sorted first? Any idea why these two particular creditors are still showing on my credit file when others aren't?
Sorry for the long email but thanks in advance!!!!!!
