Credit Referencing

If you apply for a credit based product (e.g mortgage or secured loan) from Lets Glasgows Partners, a search will be performed with a credit reference agency. The agency will keep a record of the search.

When applying for a mortgage Lets Glasgows Partners may search public records, such as the Electoral Roll, that are available from credit reference agencies to help us verify your identity.

Associations linking your financial records may be created on credit reference agency records when you apply for a mortgage in joint names. Your financial records, and those of anyone financially associated with you, may be considered in any future applications you make.

You have the right to apply to the credit reference agencies for a copy of your credit file. For a Free credit report

Click Here

We use Equifax Plc and/or Experian Limited for our credit referencing. Their contact details are as follows:

Equifax Plc
PO Box 1140,
Bradford,
BD1 5US
Tel 0870 010 0583
www.equifax.co.uk

Experian Ltd
Consumer Help Service,
PO Box 8000,
Nottingham,
NG1 5GX
Tel 0870 241 6212
www.experian.co.uk

If you have been refused credit you can get advice from your local Trading Standards department, Citizens Advice Bureau or Consumer Advice Centre, or through the agencies` websites. The Information Commissioner also produces a useful leaflet entitled No Credit ? You can obtain a free copy from the Information Commissioners website at:

www.informationcommissioner.gov.uk or by telephoning 0870 600 8100

Credit Scoring

When you apply for a mortgage the details you provide, the information Lets Glasgow already have and information from credit reference agencies are used to assess credit risk using a technique called credit scoring.

Various factors in all these details help the mortgage lenders assess the risk and determine the mortgage they are willing to offer you.

Representation

Lets Glasgow Insurance Services are representatives for other insurance products. We will ask you to give your consent for us to contact you regarding the services available. Upon completion of any contract that has been arranged in relation to the insurance products, the provider may use your details to contact you about other products and services they provide. If you do not wish them to do this please ask them to remove your details from their customer contact system.

Anti-Money Laundering & Statutory

To comply with money laundering regulations, and to help stop criminals using financial products or services to launder money, there are times when we need to confirm (or reconfirm) the name and the address of our customers. Lets Glasgow may need to do this whether you are applying to be a new customer or have been one for sometime.

Some Acts of Parliament oblige us to disclose information about our customers to certain bodies with statutory powers. To have any sort of credit from lenders when dealing with Property and Mortgages Glasgow Scotland Uk you must have a credit score.