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bad credit morgage

vicky1001
vicky1001 Posts: 132 Forumite
in Mortgages & endowments
hi all,

i have en away from here for a while ...
here is the story me and my partner both full time employed

we are currently on a debt plan owe £22,000 and earn £1960 joint pm
we pay £123 towards debt plan .. we have no other debts and are looking to buy a home of £95000

Comments

  • ACG
    ACG Posts: 24,688 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    Im not aware of any lenders who would give you a mortgage to be honest.
    Do you even have a deposit?
    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.
  • kingstreet
    kingstreet Posts: 39,315 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    What are your gross annual incomes?

    How much of the £95k do you need to borrow and how much deposit do you have?

    What are the underlying entries on your credit files?

    Defaults? Judgments? Amounts and dates, please.
    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.
  • vicky1001
    vicky1001 Posts: 132 Forumite
    hi,

    we could raise the min deposit needed which atm i think is 10k

    debt plan started in 2010

    2 defaults others in agreement to pay
  • _Andy_
    _Andy_ Posts: 11,150 Forumite
    vicky1001 wrote: »
    hi,

    we could raise the min deposit needed which atm i think is 10k

    debt plan started in 2010

    2 defaults others in agreement to pay


    How would you raise the deposit?
  • _Andy_
    _Andy_ Posts: 11,150 Forumite
    Also what information are you actually wanting?
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    vicky1001 wrote: »

    we could raise the min deposit needed which atm i think is 10k

    Better used to clear your debts. As no lender will consider you whilst in a DMP.
This discussion has been closed.
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