Would a default affect an application for a mortgage

edited 30 November -1 at 1:00AM in Debt-Free Wannabe
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ste_coxyste_coxy Forumite
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edited 30 November -1 at 1:00AM in Debt-Free Wannabe
Hi I am wondering whether or not a default I picked up in 2008 would prevent me from getting a mortgage. I would be a first time buyer so I am wondering if this may also be a factor for being declined?

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  • TixyTixy Forumite
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    It will affect an application and might mean you won't get the best rates on the mortgage. Quite a few high street banks will automatically decline someone with defaults. You might need to contact an independant mortgage advisor for some advice on who to try considering your default.
    A smile enriches those who receive without making poorer those who give
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