Ah, a helpful note on the report says, "Only credit application searches are seen by lenders, so that they can make an assessment of how ‘credit active’ you are. There are lots of myths about the problems caused by having several credit application searches recorded on your credit report. Certainly, many searches ...

Thanks catflea. I just checked with them (great site btw but £20 for all 3 is a bit much imho) and my rating is apparently 896 out of 1000. Is that good? It says it is!

Well, I don't think I have a bad credit rating, I have a good wage and a low mortgage (never missed any payments), but I do know that only a tiny proportion of customers are ever actually offered the headline rate. It would be nice to be able to test the water, so to speak, see what rate they're going to commit to offering me and then ...

Hi, I'm a bit confused about loan applications. Before you apply you're often told that applying for loans can affect your credit rating (i.e. the more you apply for, the worse it will be). But you don't often get a proper actual quote from the loan company until you've put the application in! For example, I could see a good rate ...

Having said the above I just checked my mortgage direct debit. Its gone down from £762 to £723 - no letter or anything from the bank. I'm not sure what the reduction is by percentage (math is not a strong point) - it certainly isn't 1.5% however of that I'm pretty certain.

How am I supposed to know what a "managed rate" is? I'm not a financial expert. I wanted a mortgage that tracked - it appears I do not have one!

I was under the impression my mortgage with the Coventry Building Society was a tracker. Recently, they've reduced their SVR by the full 1.5%, but my mortgage has not changed at all. Apparently it's what they call "managed". It doesn't track the base rate or the SVR, they just set a value for it and guarantee it will never be ...

Thanks for that Brian. I didn't realise it was linked to their SVR, I thought perhaps it was some kind of black magic ;) Anyway, I don't expect their SVR has gone down with the BOE base rate, given that they need to attract savers and hence have to keep savings rates high at the moment (they don't borrow from international money ...

I took out a "tracker" mortgage with the Coventry last January. It was tracking around .2 above base rate, but it's not a proper tracker, i.e. guaranteed to be x above base rate, I believe they can change the interest rate as they please. Anyway I haven't heard anything from them about the recent .5 reduction in base rates. Does ...

Eeeeee Gabriel, yes - over 2 years it would be cheaper to pay the 6.6% tracker Halifax were offering me (hilarious rate).  Or the hilarious 6.3% fixed rate. But then I have to go through the whole sheebang again in 2 or 3 years time.  So no, in the longer term it's cheaper to do this, switching over to this Coventry deal.  Total ...