Will a mortgage be possible?

asandwhen

I am a little worried about weather or not my wife and I will be able to get a joint mortgage together - we are recently married this year but my partner has a couple of defaults on her credit file from back in 2003 when she split with her ex - 2 defaults both accounts settled in 2004 - she currently has no debt and has a credit card that we use for shopping and pay off in full every month - her salary is 21,500 - I on the other hand have a very good credit history with no debt apart from a nationwide credit card which I use for foreign trips currently 0 balance - I already have a small mortgage (45,000) in my sole name with the abbey - my salary is £30,000 we want a mortgage of about £180,000 and have a £20,000 deposit - Would we be able to get a decent high street mortgage rate given my wife's 2 3yr old defaults.
we are both 27yrs old.

herbiesjp

I think that it may well be possible to get high street rates - you have to note that lenders will look back how far the defaults have been satisfied and not necessarily registered

Normal caveats apply, that it will boil down to your own individual circumstances as to whether a lender will or will not lend in your situation

Rather than go applying to all lenders, run it past a decent adviser and let them come back to you with a few options

HTH