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FTB - mortgages
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danb85
Posts: 1 Newbie
Hi
Long time lurking but never needed to post until now.
Myself and my girlfriend are looking to buy our first property. Im in a position where my mum is giving me a large (£100k) deposit, and we have seen a house for £160k that we want to buy.
We have some debts totaling around £25k between the two of us that we plan to pay off, so we will need a mortgage of around 85k.
I havent got the best credit rating, defaulted on a loan which is with a debt management group (still get letters from RBS with outstanding amounts etc), my girlfriend has got a little bit of credit (just got a credit card) so building her credit rating up.
I was going to look at going to an advisor, but was looking to try and save money and sort the mortgage myself, but cant seem to find any subprime/poor credit lenders - can anyone recomend someone, or is it best of to an IFA?
many thanks
dan
Long time lurking but never needed to post until now.
Myself and my girlfriend are looking to buy our first property. Im in a position where my mum is giving me a large (£100k) deposit, and we have seen a house for £160k that we want to buy.
We have some debts totaling around £25k between the two of us that we plan to pay off, so we will need a mortgage of around 85k.
I havent got the best credit rating, defaulted on a loan which is with a debt management group (still get letters from RBS with outstanding amounts etc), my girlfriend has got a little bit of credit (just got a credit card) so building her credit rating up.
I was going to look at going to an advisor, but was looking to try and save money and sort the mortgage myself, but cant seem to find any subprime/poor credit lenders - can anyone recomend someone, or is it best of to an IFA?
many thanks
dan
0
Comments
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I'd suggest an independent or whole market mortgage broker.I am a mortgage broker. 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. Please do not send PMs asking for one-to-one-advice, or representation.0
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