The Importance of Changing Your Address in York

The importance of keeping your addresses up-to-date

If you are looking at applying for a mortgage and your credit score, it’s best to have fewer addresses on your record the better, but it seems that people are becoming savvier and aware of this.

Through our experience as a Mortgage Broker in York, we have seen many applicants who are Moving House in York from their parents address into rented accommodation, or just to buy their own place as a First Time Buyer in York and feel it’s fine to leave their bank statements, credit card and Electoral Roll information registered at their previous address.

Many people decide to do this, however, this is now a flawed strategy. If you have moved to a new address, it’s pretty much a standard procedure for a record of this to be put on your credit report. You may have used your address for online delivery or a car/home insurance search and many more.

As a Mortgage Broker in York, we recommend that if you are thinking about taking out a mortgage you get all of your accounts (credit cards / current accounts) and electoral roll switched over to your new address. Make sure that when you are updating your address on your credit file and electoral roll check the date in and date out. It’s important with managing the dates correctly as you may be at risk of being viewed as someone who is living in two places at the same time.

By doing this, you are having a more honest approach to the financial situation which makes you look good from a lenders point of view.

Expert Mortgage Broker in York


Yorkmoneyman.com & Yorkmoneyman are trading styles of UK Moneyman Limited, which is authorised and regulated by the Financial Conduct Authority.
UK Moneyman Limited is Registered in England, No. 6789312 | Registered Address: 10 Consort Court, Hull, HU9 1PU.

Authorised and Regulated by the Financial Conduct Authority.
We are entered on the Financial Services Register No. 627742 at www.register.fca.org.uk

The information contained within the website is subject to the UK regulatory regime and is therefore primarily targeted at customers in the UK.
Should you have cause to complain and you are not satisfied with our response to your complaint, you may be able to refer it
to the Financial Ombudsman Service, which can be contacted as follows

The Financial Ombudsman Service, Exchange Tower, London, E14 9SR
www.financial-ombudsman.org.uk

© 2023 Yorkmoneyman

Yorkmoneyman, York Hub, Popeshead Court Offices, Peter Lane, York, YO1 8SU.

Moneyman Logo







Moneyman Logo




Moneyman Logo

Ask Your Question





    Moneyman Logo

    Moneyman Logo







    Moneyman Logo

    Book your Free Consultation

    7 Days 8am - 10pm

    Moneyman Logo

    Moneyman Logo