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Can we get a mortgage with a default?
Bonester
Posts: 1 Newbie
Throughout my early life I made some financial mistakes resulting in errors on my report, over the past 5 years I've slowly but surely payed off all my debts. My credit score has 3 defaults left on it and come October two will be removed leaving one £513 default which was settled a few years ago. I've recently been married and we're wanting to buy our council house, we have a deposit of over 25% including our discount but will I be accepted for a mortgage anywhere? There's a year left on the last default and I don't want to row any more money away on rent.
Thanks in advance for any advice.
Thanks in advance for any advice.
0
Comments
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One for a broker but yes the default shouldnt stop you getting a Mortgage and at normal rates. Any broker should be able to place this for you without too much trouble.I am a Mortgage AdviserYou 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.0
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