Moving back to the UK - credit history and other questions
Discussion
Hi all,
After 12yrs in the Middle East, it's looking likely that I'll be moving back to the UK end of Q1 next year, at least for a few years.
We'd like to start getting things planned and in order asap.
We won't need to work and will draw cash from offshore accounts.
We had a house in the UK that we sold 2 years ago, had a mortgage with the Halifax and always paid on time, I still have a UK bank account with HSBC that has never been overdrawn etc...
What's the score with building a credit score from scratch pretty much? We know that we'll probably have to pay 6 months advance when we rent (as we did with previous tenants of ours) and we're happy to buy stuff in cash such as a cars, appliances etc...
My main concern is stuff like mobile phone contracts, energy suppliers, Sky, insurance policies, all these sort of day-to-day things that would normally be paid for monthly yet still get credit checked.
I've searched a bit online but with no concrete results - does the font of all knowledge, PH, have any ideas as to how to speed up the process or even increase credit attractiveness while we're still abroad for another year?
I also have to go through the pain of reapplying for my UK Driving Licence as it ran out a few years back and you can't renew unless you're a UK resident - hopefully that won't take too long.
After 12yrs in the Middle East, it's looking likely that I'll be moving back to the UK end of Q1 next year, at least for a few years.
We'd like to start getting things planned and in order asap.
We won't need to work and will draw cash from offshore accounts.
We had a house in the UK that we sold 2 years ago, had a mortgage with the Halifax and always paid on time, I still have a UK bank account with HSBC that has never been overdrawn etc...
What's the score with building a credit score from scratch pretty much? We know that we'll probably have to pay 6 months advance when we rent (as we did with previous tenants of ours) and we're happy to buy stuff in cash such as a cars, appliances etc...
My main concern is stuff like mobile phone contracts, energy suppliers, Sky, insurance policies, all these sort of day-to-day things that would normally be paid for monthly yet still get credit checked.
I've searched a bit online but with no concrete results - does the font of all knowledge, PH, have any ideas as to how to speed up the process or even increase credit attractiveness while we're still abroad for another year?
I also have to go through the pain of reapplying for my UK Driving Licence as it ran out a few years back and you can't renew unless you're a UK resident - hopefully that won't take too long.
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