Has anybody managed to obtain a morgage after defaults have dropped off your credit f

condor67

Hi folks

I had 3 defaults which I settled eventually.

They are all due to drop off my credit file after February 2012 when the six years are up.

I am looking to go on to the mortgage with my girlfriend. or buy a place together.

Can anyone who has been in the position of having defaults drop off and then having a clean credit file advise if they have been succesful in any subsequent mortgage applications?

thanks in advance

holly_hobby

If you have a clean credit record after your defaults drop off (check with CRAs that this has occured before applying), then having returned a clean credit search, the lender will base the further underwriting on your ability to service the mortgage & other status enquiries - such as being on the voters roll, being in perm employment, os commitments .. etc. And your previous (expired) adverse will not be an issue.

Hope this helps

Holly