"Best" 90 LTV Mortgages/Remortgages

VIGILANT22

MortgagePerson wrote: »

Nat West will do 90%ltv @4.99%

Not with a ccj

elfpix

it's 895 out of 1000 and in the 'good' category, it should be less than that if one ccj effects it so badly as a high credit score gave me false hope, ah well *sigh* :think:

HelpWhereIcan

How old is the CCJ and how long ago was it satisfied?

It is theoretically possible to get a mortgage as long as the CCJ is over 3 years old. However, the lenders who will consider it will say it is dependant on your credit score.

This means your credit score based on their model rather than the very general one that Experian have given you.

Who do you bank with? Sometimes there are options with your own bank simply because your internal score with them as an existing customer is high enough.

elfpix

The ccj is 3 years old and was satisfied just over 12 months ago. I bank with Alliance & Leicester and my current mortgage is with Tha Abbey, they are both under Santander now so effectively the same company. I've banked with A & L for 14 years and had my mortgage for 4 with Abbey :wave:

HelpWhereIcan

elfpix wrote: »

The ccj is 3 years old and was satisfied just over 12 months ago. I bank with Alliance & Leicester and my current mortgage is with Tha Abbey, they are both under Santander now so effectively the same company. I've banked with A & L for 14 years and had my mortgage for 4 with Abbey :wave:

Have you tried A&L and Abbey? They are two of the lenders who say they will consider CCJs below £500 more than 3 years ago and that are satisfied for more than 12 months subject to credit score.

Through brokers they are still seperate brands and do not operate the same credit scoring system and product range so one may yes even if the other says no.

I suspect that you will have more luck at 85% than 90% but getting an extra 5% deposit would be worth it for the improvement in rate on its own.

MajorTom_2

MortgagePerson wrote: »

Nat West will do 90%ltv @4.99%

Not anymore Only available for 85% LTV now. Quite ridiculous as this product only came available a few weeks ago! I know becuase I currently have this offer, just hope they don't change their minds before I complete!!