The Times - Traps that could cost you a mortgage - November 2013

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Borrowers are being unfairly rejected when applying for the best-priced mortgages because of errors on credit files, confusion over how the scoring system works and because their current address does not fit the criteria, a Times Money investigation has found. Aaron Strutt, of Trinity Financial told The Times that often clients get top scores even though they have had lots of missed payments, while others get poor results due to minor discrepancies. “The system doesn’t treat customers fairly, and borrowers are declined for something as simple as an address not matching up with ratings agencies.” Click here to view the full story: http://goo.gl/rl9gXY £ November 31, 2013
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