Hard credit checks are recorded on your credit file, and each hard credit check may lower your credit score.

Soft credit checks aren't visible to other companies, and they won’t impact your score.

A soft credit check is used when:

  • You search your own credit report

  • A company searches your credit report as part of an identity check

A hard credit check is used when:

  • You apply for a loan, credit card or mortgage

  • You apply to a utility company

  • You apply for a mobile phone contract

Does Generation Home run hard credit checks?

Yes, as a mortgage lender we will run a hard credit check as apart of your mortgage application. This is because you are applying for a loan (credit). This check will appear on your credit file.

If you would like to ensure that your credit score falls within an acceptable range, we can run a soft credit check before you submit your mortgage application. This soft credit check shows us your credit score and credit behaviour, but doesn't leave a mark on your credit record.

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