adverse credit

jkmoreton

Hi, im just wondering on wheres best for mortgages applications whilst having credit issues. I have 2 defaults one from 20/04/2010 £290 and one from 21/06/2011 £1195 which are both satisfied. I have 14k deposit and no other debts. many many thanks for any help.
:beer:

ACG

Sounds like im being biased but a broker.

The lenders who would look at this are not on the high street. It will come down to the finer details as to whether there is a lender for it or not.

jkmoreton

Thanks ACG, any recommendations ?:rotfl:

ACG

Were not allowed to recommend specific brokers, personally i would say find a local broker but avoid estate agent based brokers like the plague.

jkmoreton

Thank you AGC, so you think its a possibility obtaining a mortgage ?

amnblog

Depends on the purchase price but you should have options.

ACG

If you waited until the 22nd of june and assuming everything stacks up then yes.

Before then i would say it will come down to the rest of the case. I have just seen your other post, what happened to the loughbrough building society?

GMS

How much are you looking to borrow?

jkmoreton

im looking to borrow 81/82k ?:j

GMS

As ACG says you need to see a broker.

Defaults won't stop it assuming everything else stacks up.

ACG

15% deposit - there will be a lender for this.

But it will be through a broker.