Understanding Your Credit Report

Unlocking Mortgage Opportunities with Your Credit Report

Your credit report is a crucial aspect of securing a mortgage. It holds essential information that lenders use to evaluate your creditworthiness. Here's what your credit report typically includes:

Personal Information: This section contains your name and date of birth.

Residential History: It lists both your current and previous addresses, helping lenders verify your stability.

Credit Accounts: Your credit report compiles a detailed list of your credit accounts, which may encompass bank accounts, credit cards, and loans. It also reveals your repayment history, highlighting whether you've consistently met your payment obligations on time and in full. It's important to note that late or missed payments can have a lasting impact, remaining on your credit report for at least six years.

CCJs, Bankruptcies, and IVAs: Any County Court Judgments (CCJs), bankruptcies, or Individual Voluntary Arrangements (IVAs) will be prominently displayed on your credit report for a period of six years. These red flags can affect your mortgage eligibility with certain lenders.

Electoral Roll Registration: Whether you're registered on the electoral roll is another aspect lenders consider when assessing your creditworthiness.

It's worth noting that some lenders may completely rule out mortgage applicants with CCJs. However, there are others who are more willing to work with individuals who have had past debt issues. At Yes Financial, we specialize in Right to Buy mortgages and possess the expertise to quickly determine which lenders are likely to accept your application based on your credit report. This saves you valuable time and effort.

To get started, simply send us a copy of your credit report via email at info@yes-financial.com. Our team of fully qualified mortgage advisers will diligently analyze your report and strive to identify a mortgage lender with terms that suit your unique circumstances.

  • Fill out our simple form to view the mortgage options tailored for you.

  • We'll manage all paperwork and oversee your mortgage application.

  • Begin enjoying the advantages of your new mortgage.

Get Started

Our customers consistently rate us "Excellent"

  • Jody

    Verified customer

    YES FS are amazing!! They provided expert guidance and secured the best mortgage deal for me, despite my challenging credit history. Their team's dedication and clear communication made the process smooth and stress-free. Highly recommended!

  • Patricia Ajayi

    Verified customer

    Yes Financial is a very reliable company. The staff are friendly and honest. They always put the customers first. They did not give up on me since I approached them for mortgage until I became a homeowner.

  • Sam Yeboah

    Verified customer

    Yes financial were so helpful, they got me my first property after being denied many times elsewhere due to my poor credit score. I recommend to everyone.

  • J

    Verified customer

    Excellent service. Due to my circumstances I wasn't sure it would have been possible, yet from the very start - the team from Yes Financial Services delivered. There were hurdles along the way but it was clear that I wasn't alone to overcome them. Maximum support from each and everyone from Yes Financial.

Receive a personalised FREE mortgage quote

Contact us today

Get Started

News and views

Considering a home move or remortgage? Dive into our recent articles from our mortgage experts. They're brimming with useful advice to assist you in climbing the property ladder and optimizing your mortgage savings.


Request a callback

Need advice, but can't talk now? Arrange a callback

You can view our privacy policy here.