i'm just after some advice - recently i was declined applying for a FTB mortgage it was joint application with the wife , i was told to send in my credit reports and maybe they can review my decision -
our credit reports are basically average - no late payments -no ccj - no defaults - no debts etc- had the odd credit cards in our names both registered under electoral role etc
My question is When they review the decision what sort of criterias/answers do they look out for
-is it about affordability or just a background check ??
i have had experience about 1 year ago when i asked egg credit card to review my decision -
bloke on the phone asked questions like why do you want the card (at time the reason was i had a credit credit with 300pound on it just about to start paying interest so i wanted to transfer it over)
they took all my monthly outcomes like Rent, Usual Household bills dont pay nothing extra and even though i was able to afford whatever credit they gave me they still declined me ??
all advice will be much appreciated - have you had experience reviewing you credit application ??
PS completefinance - i hope with your expert knowledge you can guide me in the right direction