CCJ and a mortgage

edited 30 November -1 at 1:00AM in Mortgages & Endowments
16 replies 1.3K views
LeeWhite21_2LeeWhite21_2 Forumite
5 Posts
edited 30 November -1 at 1:00AM in Mortgages & Endowments
Right been looking all over for the right advice and just cant find it anywhere and was hoping someone on here could help.

I have a CCJ against me, and to be honest a very poor credit rating all because of a few mistakes when i was younger.

The question is, is im a first time buyer and wanted to know if it was possible at all to still get a mortgage?

Regards Lee
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Replies

  • Anyone? 31 views and no replies?
  • ACGACG Forumite
    21.5K Posts
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
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    How much is your income?
    how much are you hoping to buy for?
    How much is the deposit?
    How much was the CCJ?
    When was it dated?
    Has it been satisfied?
    How much was it for?
    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.
  • edited 30 September 2013 at 9:07PM
    Senior_Paper_MonitorSenior_Paper_Monitor Forumite
    2.9K Posts
    edited 30 September 2013 at 9:07PM
    Come on people - you left him waiting for an hour and 10 minutes !!

    What you playing at ? Work ?

    What are you waiting for ? Useable information ?


    Just get your acts together will yer !
    Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam
  • I've got a CCJ I've had a bloody nightmare trying to get a mortgage. There's two lenders I got recommended by my broker precise and kensington. Slight problem with precise is that they don't like gifted deposits even if its from your spouse so I'm now waiting to hear back from Kensington. I would go and speak to a broker best of luck!
  • Dave_HamDave_Ham Forumite
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    Firstly OP, loving the fact you chased after an hour and now a day later you have not answered any questions that would help determine your answers.

    Secondly, Gilly - Why would your partner not be on not be on the mortgage?

    I suspect the answer to this is the issue for Precise and potentially will be the issue for Kensington.
    I am a Mortgage Broker
    You should note that this site doesn't check my status as a Mortgage Broker, 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.
  • Kensington have no problem with gifted deposits BUT they will not leave spouse off application - additionally gifted deposit from someone who will be living in property is a 'no no' for most lenders.

    Both Precise and Kensington specialise in decent credit with bad events rather than " very poor credit rating all because of a few mistakes when i was younger" as the OP indicated.
    Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam
  • gilly33gilly33 Forumite
    54 Posts
    Secondly, Gilly - Why would your partner not be on not be on the mortgage?


    He defaulted a few times on his credit cards and his score is ridiculously low around 200
  • Dave_HamDave_Ham Forumite
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    Then Kensington will not like it either.

    When were the defaults registered?

    Forget the automatic credit score numbers as they are worthless.
    I am a Mortgage Broker
    You should note that this site doesn't check my status as a Mortgage Broker, 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.
  • kingstreetkingstreet Forumite
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    gilly33 wrote: »
    He defaulted a few times on his credit cards and his score is ridiculously low around 200
    Are you mistaking a default notice for a default?

    A lender will often send a default notice for a late payment. This in not a default. Typically, you'll actually have a default registered once you miss three consecutive monthly payments.

    The borrower's credit file will show exactly what happened. This should be given to your broker for their opinion.
    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.
  • Hi guys, sorry for been so impatient was just in a panic, and also rushing to get out.

    My income is £25000
    Plus my partners of £2700
    Looking at £105000
    £5500 deposit
    CCJ is from when i was 18 im now 25 and got issued it just over a year ago, its far from satisfied as of yet. I think theres about £2000 left to pay.

    Regards
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