Is it possible for bank's hard credit check to drop your credit score by 500 points?!
My first go at trying to buy a house and it's been one thing after the other. First purchase fell through as buyers pulled out after 4 months of them not looking for a forward purchase. Offer accepted on a new one (fixer upper) but just received a call from my broker saying I failed the soft check from Nationwide. I checked my score on Clearscore and it's gone down to 368 compared to when I got my first mortgage offer in Feb and it was at 850. So now I'm concerned that I won't get a mortgage from anyone.
I DEFINITELY have no debt no CCJs no missed payments no outstanding anything on my file. The only thing that's changed is my previous lender had to do a hard check before they approved me for a mortgage (which they did).
I feel absolutely fucking hopeless like it'll never work out for me. Has anyone ever been through this.