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advice needed for FTB

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sarahd1977
sarahd1977 Posts: 16 Forumite
in Mortgages & endowments
I am looking for a mortgage as I have seen a property. My file from experian shows 1 settled default of £60 from caboot. apart from that I have a mobile phone contract paid on time my natwest account as well as settled loans. the experian score shows poor due to searches made for car insurance, which company do you think i can go for I am full time employed on £24000 per year. I have a 15% deposit do you think there is any hope for me

Comments

  • yelf
    yelf Posts: 863 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    yes, see a broker
  • herbiesjp
    herbiesjp Posts: 8,499 Forumite
    Yes you can find a lender

    What mortgage amount are you looking for though?

    Do you have any other debts?

    Do you have an up to date copy of your credit file?
    I am a Mortgage Adviser
    You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • sarahd1977
    sarahd1977 Posts: 16 Forumite
    The property is valued at 68000, and I have a 15% deposit, my broker is trying abbey, I have a mobile phone contract and £400 loan which is paid on time, all other accounts are settled, I have a copy of report which only shows the one default registered sep 2006 which has been settled
  • herbiesjp
    herbiesjp Posts: 8,499 Forumite
    Which Abbey deal in particular? WHat rate and fees?
    I am a Mortgage Adviser
    You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • sarahd1977
    sarahd1977 Posts: 16 Forumite
    not sure she is doing some digging around, do u think I will be accepted with abbey with this small default and 15% deposit
  • herbiesjp
    herbiesjp Posts: 8,499 Forumite
    Should be - what date does it show the defaut settled?

    The only reason I ask is becuase there may be other deals out there
    I am a Mortgage Adviser
    You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • sarahd1977
    sarahd1977 Posts: 16 Forumite
    default was settled aug this year as I did not know about it until I started checking my report, it was registered sep 2006.
This discussion has been closed.
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