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How are my chances of getting a mortgage?
neopickaze
Posts: 9 Forumite
**Post Deleted** Thanks for the advice.
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Comments
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If the default was already mentioned to the lender and the application is still progressing, I do not think you need to worry about it.
Halifax is one of the most lenient high street bank.0 -
I think only your broker can answer this question, however if you can see a default on your file then whoever does a credit search should be able to see it as well.0
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neopickaze wrote: »although I have been living in my overdraft since university.
So the 5% deposit is gifted as well?0 -
This has got to be problematic, no employment history, no deposit saved and a permanent overdraft, I certainly wouldn't be rushing to lend you money. A new build will also mean you are in negative equity from day one, would it not Have been better to rent, save a little after paying off debts and then look for a house?0
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