joint mortgage with a ccj

dantking

what are the current chances of getting a joint mortgage with my partner? I have debts of £18k including a ccj and some defaults (all payments are arranged), my income is £22k. My partner earns £44k and has an impecable credit history. She currently has a mortgage with (very approximately!!) £25k equity and savings of £10k. I would love to help with us getting a bigger house and therefore a bigger mortgage. I welcome all ideas.

Thank you kindly

feisty1

You will be seen as a risk to lenders in the way (for whatever reason) you have conducted yr credit, that is what lenders have to take ito account when lending you money......u must be aware of all the furore sub prime mortgages have caused.........and that is the category you fall into at the moment.....

_Andy_

How much was the CCJ for and when was it registered?

Robert_Sterling_3

dantking wrote: »

what are the current chances of getting a joint mortgage with my partner?

Rather on the low side.

nesssie1702

If your partner has an impeccable credit history then by linking your name with hers will create an association which may prevent her from getting credit in the future?

Some mortgage lenders also ask that debts are paid off as a condition of the mortgage.

the_other_mce

I'd say you stand a good chance - high 'ish income (66k) 35k deposit. How old is the CCJ/debts? How much were you looking to borrow? Too many people on this board seem to relish dishing out the "you'll never get a decent mortgage nonsense". Find a good independent advisor and ask them!! Remember this board consists mainly of people with as much mortgage experience as me ( and that is very little!) who really aren't able to offer proper advice.

dantking

Thanks for all your advice. the ccj was for a loan of 13k in june 2006. This is being repaid so that amount is somewhere under 10k now. rest of defaults are for amounts ranging between 200 and 3k.

Thanks again:T