Your credit report details your personal credit history, including mortgages, credit cards, mobile phone contracts and more. Your report contains information that helps lenders to decide whether or not to accept your application.
Lenders use credit reports to help them to decide whether to give you a loan such as a mortgage.
If you need to get a mortgage call us and we'll organise an appointment with our market leading mortgage brokers. Call our local rate number on 0333 344 3234
or click here to book an appointment
Why is getting a Credit Report important?
If you're looking to buy a home, you'll want to know what your credit is to find out how likely it is that you'll be granted a mortgage. The report gives a break down on how the score is calculated, so if there are any weaker areas in your credit history, you'll be directed to them.
You may find yourself having to take steps to increase your score before you apply for a mortgage or you may have a good enough figure to go straight ahead: either way, you'll have information any lender will also use.
How can I get a Credit Report?
There are three main providers of Credit Reports; Experian, Equifax and Callcredit. All 3 of these are obliged to provide a credit report for £2 but if you look online, they generally offer these for free, subject to conditions.