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Mortgage Help!

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LisaJMarks
LisaJMarks Posts: 1 Newbie
in Mortgages & endowments
After coming out of a messy mortgage I am now debt free and want to get back on the mortgage ladder. I have been told due to my history in the current market I don't have a chance!

I am debt free and really don't want a life of renting forever!!

Any advice gratefully received

Comments

  • opinions4u
    opinions4u Posts: 19,411 Forumite
    edited 28 December 2010 at 6:10PM
    Pay all your bills on time.

    Save a big deposit.

    Be patient.

    (Be totally open about what your problems were, when the occurred and when they have been cleaned up).
  • GMS
    GMS Posts: 5,388 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    LisaJMarks wrote: »
    After coming out of a messy mortgage I am now debt free and want to get back on the mortgage ladder. I have been told due to my history in the current market I don't have a chance!

    I am debt free and really don't want a life of renting forever!!

    Any advice gratefully received

    How do you mean messy mortgage?

    What is your credit history like?

    Any missed mortgage payments in last 2 years?
    Any CCJ's?
    Any defaults?

    Do you have a deposit?
    How much do you want to borrow?
    What is your income?
    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.
  • Tom_builder
    Tom_builder Posts: 2 Newbie
    LisaJMarks wrote: »
    After coming out of a messy mortgage I am now debt free and want to get back on the mortgage ladder. I have been told due to my history in the current market I don't have a chance!

    I am debt free and really don't want a life of renting forever!!

    Any advice gratefully received

    Well no you don't really, if you couldn't hold it down in the good times you won't hold it down in the bad times with even more uncertainty and even more vulnerable jobs! a 100 years ago almost everyone rented history repeats it's self!. only my opinion of course and i don't expect any one to agree with it!.:rotfl:
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