How many years back?

holly_hobby

The broker will call and speak to his lender business development managers (BDMs) of various providers, whom will liaise with their underwriters to get a prelimary "yes" based on the info provided ie you have x amount of deposit, you have 2 satisfied CCJs, who they were with and why you go them, etc .... your broker will take care of this and guide you.

Hope this helps

Holly

scotsio

I made a mistake. Turns out the CCJ's are in actual fact defaults.

Do you think that makes any difference?

Would a lender really decline on such small sums that these defaults are?

Even when they are 4 years old?

holly_hobby

Right, that makes a difference, but will depend upon a decent reason why you defaulted on 2 accounts over 2 consecutive years, and why you are only now settling them when you've known about them for 3 and 4 yrs.

Go and speak to a broker.

Hope this helps

Holly

scotsio

^^^^What the ****?

scotsio

holly_hobby wrote: »

Right, that makes a difference, but will depend upon a decent reason why you defaulted on 2 accounts over 2 consecutive years, and why you are only now settling them when you've known about them for 3 and 4 yrs.

Go and speak to a broker.

Hope this helps

Holly

Thanks Holly, I will go and see a broker first thing tomorrow. The Halifax haven't even Credit searched me for the mortgage promise they gave me, maybe it's because i am a customer with them?

Anyway couldn't I just say I knew nothing about them (the defaults) til the Halifax flagged them up in the application?
They could after all be mistakes.

holly_hobby

You could, but I couldn't recommend this course of action for obvious reasons, and you risk decline due to non-disclosure if they don't accept you were unaware.

Leave it with you buddy.

Holly x