We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Advice about getting a Mortgage
Spooky83
Posts: 2 Newbie
Hello, just after some advice really im looking into getting a mortgage got an Appt today. We have been given a house to but on the Homebuy scheme. We have to provide a mortgage of £69,000 with no desposit as they are accepting the equity loan as a depsoit.
I have checked my credit history online and nothing seems bad at all to be honest, everything says ok. We have missed payments in the past and had credit refused in the past (this is What im worried about) and this is what im worried about. My credit score is 569 which says is poor, so how likely do you think it is going to be that i will be Accepted for a mortgage ?
any help or advice would be great thanks for your help:j
I have checked my credit history online and nothing seems bad at all to be honest, everything says ok. We have missed payments in the past and had credit refused in the past (this is What im worried about) and this is what im worried about. My credit score is 569 which says is poor, so how likely do you think it is going to be that i will be Accepted for a mortgage ?
any help or advice would be great thanks for your help:j
0
Comments
-
Not sure what advice you're after - sounds like you're seeing a broker today anyway?0
-
not seing a broker got a appt with A + L as they are the only people that acept the equity loan as a deposit but im worried that i will not be allowed a Mortgage as i have had a litlle bit of bad credit and not got a very goof score so im asking do you think i will be able to get a Mortgage ?0
-
You'll need to wait what they see but I'd think having a poor credit rating will mean you don't have much of a chance.0
-
I would guess you may have a bit of trouble with that score. I may be wrong but brace yourself."Banking establishments are more dangerous than standing armies." Thomas Jefferson
"How can I believe in God when just last week I got my tongue caught in the roller of an electric typewriter?" Woody Allen
Debt Apr 2010 £00
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.9K Banking & Borrowing
- 254.3K Reduce Debt & Boost Income
- 455.2K Spending & Discounts
- 246.9K Work, Benefits & Business
- 603.5K Mortgages, Homes & Bills
- 178.3K Life & Family
- 261.1K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards