After divorce mortgages can be difficult for those linked to a partner with poor credit

After divorce mortgages can be difficult to achieve for those affected by their partner's poor credit score. De-linking from a partner maybe the only course of action.

Going through a divorce is a very stressful time when the last thing anybody is likely to think of is their credit score. However some people are left with a very poor credit rating because their ex did not pay their bills on time and ruined the credit of both parties. Some people and in particular women who stayed at home to look after the family, do not have any financial accounts in their own name and so find after their divorce mortgages are difficult to find .

For newly divorced borrowers it is important check their most recent credit report to look for any details of late payments as they could jeopardize the chance of qualifying for a new mortgage. Make sure all the information is accurate, including credit history, employment history and other personal information. Amend errors by contact lenders to ask them to correct any inaccuracies, if they refuse add a notice of correction to your file and complain to the Financial Ombudsman. De-link from past relationships by asking credit agencies to de-link you from previous joint finances as this will stop an ex partner's bad credit history from impacting on you.

If a borrower is already suffering the impact of their partner's bad credit history it is important that they rebuild their credit score. One of the best strategies for rebuilding credit is to pay all outstanding bills on time. By doing this a borrower will see their credit score improve over time, and within a few months after divorce mortgages will be achievable.