Sam Dunn: ‘Should our credit rating haunt us?’

Question: We’re trying to move up the property ladder and buy our second home for £185,000 with a 15 per cent deposit, but have recently been rejected by Abbey and HSBC for mortgages. My guess is it’s down to two monthly mortgage repayments we missed in 2006 – an age ago – but we paid them back soon after and haven’t missed a single one since.

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Sam Dunn: ‘Should our credit rating haunt us?’

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