Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@.

Search
  • FIRST POST
    • michaeljpconlon
    • By michaeljpconlon 10th Oct 16, 12:28 AM
    • 30Posts
    • 3Thanks
    michaeljpconlon
    Returning Home to UK from Ireland Can I get Mortgage
    • #1
    • 10th Oct 16, 12:28 AM
    Returning Home to UK from Ireland Can I get Mortgage 10th Oct 16 at 12:28 AM
    Hi

    I need some advice. Im returning to the UK from Ireland and need a mortgage as I've found a house that I know i need to live in.

    I've had uk employment while living in Ireland and have paid tax on this. Do you think I can still apply for a mortgage? I kept my UK bank account however I did have bad debt going back about 8 years or so.

    Any advice is really appreciated.
Page 1
    • Hasbeen
    • By Hasbeen 10th Oct 16, 12:36 AM
    • 845 Posts
    • 608 Thanks
    Hasbeen
    • #2
    • 10th Oct 16, 12:36 AM
    • #2
    • 10th Oct 16, 12:36 AM
    apply and find out?
    • muhandis
    • By muhandis 10th Oct 16, 8:33 AM
    • 308 Posts
    • 127 Thanks
    muhandis
    • #3
    • 10th Oct 16, 8:33 AM
    • #3
    • 10th Oct 16, 8:33 AM
    In your place -

    1. I would get a £2 statutory report from the three major agencies to make sure that aren't glaring issues which need be addressed. Bad debt from 8 years ago should theoretically have been removed by now, but it doesn't hurt to check what else might be there.

    2. If the above looks ok, I would call a London based mortgage broking firm (because they'll be quite experienced with returning expats, new residents, etc) and set up a telephonic appointment to discuss your particular circumstances and whether it is possible to get a mortgage at this point of time.

    I hope that helps. I'm sure the mortgage brokers on the forum will have more tips.

    Good luck.

    Hi

    I need some advice. Im returning to the UK from Ireland and need a mortgage as I've found a house that I know i need to live in.

    I've had uk employment while living in Ireland and have paid tax on this. Do you think I can still apply for a mortgage? I kept my UK bank account however I did have bad debt going back about 8 years or so.

    Any advice is really appreciated.
    Originally posted by michaeljpconlon
    • michaeljpconlon
    • By michaeljpconlon 10th Oct 16, 10:36 AM
    • 30 Posts
    • 3 Thanks
    michaeljpconlon
    • #4
    • 10th Oct 16, 10:36 AM
    • #4
    • 10th Oct 16, 10:36 AM
    Thanks for the reply. I'm hoping a broker will be able to give me some advise. Its good to hear that there are products available.
    • Thrugelmir
    • By Thrugelmir 10th Oct 16, 11:03 AM
    • 52,948 Posts
    • 45,289 Thanks
    Thrugelmir
    • #5
    • 10th Oct 16, 11:03 AM
    • #5
    • 10th Oct 16, 11:03 AM
    When you say a bad debt. Just one or a number of creditors.
    “ “Bull markets are born on pessimism, grow on skepticism, mature on optimism, and die on euphoria. The time of maximum pessimism is the best time to buy, and the time of maximum optimism is the best time to sell.” Sir John Marks Templeton
    • michaeljpconlon
    • By michaeljpconlon 10th Oct 16, 11:04 AM
    • 30 Posts
    • 3 Thanks
    michaeljpconlon
    • #6
    • 10th Oct 16, 11:04 AM
    • #6
    • 10th Oct 16, 11:04 AM
    I'd say two creditors. I did have a mortgage before I left with Accord and I paid that in full. So I'm hoping this helps. I'm not sure that their records would go back that far though.
    • Thrugelmir
    • By Thrugelmir 10th Oct 16, 1:41 PM
    • 52,948 Posts
    • 45,289 Thanks
    Thrugelmir
    • #7
    • 10th Oct 16, 1:41 PM
    • #7
    • 10th Oct 16, 1:41 PM
    Technology enables companies to maintain records for a very long time. The companies you defaulted on are probably best avoiding.
    “ “Bull markets are born on pessimism, grow on skepticism, mature on optimism, and die on euphoria. The time of maximum pessimism is the best time to buy, and the time of maximum optimism is the best time to sell.” Sir John Marks Templeton
Welcome to our new Forum!

Our aim is to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

86Posts Today

2,744Users online

Martin's Twitter
  • As I've said before - energy price cap sounds good, and will likely be popular, but there's a big risk of making th? https://t.co/ubeV9vnmU7

  • Just seen @IvoGraham doing stand up in a comedy club. Superb, witty, self depricating, clever stuff. Go see him if you get the chance

  • RT @ChrissyNunn: New one from @Tesco today.. "The sale of Goods Act is just legislation, it's like a guideline, it's not law" @MartinSLewis?

  • Follow Martin