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Mortgages for bad credit
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Jambo5
Posts: 223 Forumite
Is there anybody out there that has recently had some success with being approved for a Mortgage with bad credit??
I have defaults and 1 CCJ which are at the end of their 6 year period and are dropping off as we speak. Last to drop off is CCJ next July.
My Wife's credit rating is pretty is brilliant. We would like to buy a house around £110k with 10k deposit.But typically she can only get mortgage for 69k as she earns 16k and i'm on 27k.
Is there any success stories out there that can brighten my day?
I have defaults and 1 CCJ which are at the end of their 6 year period and are dropping off as we speak. Last to drop off is CCJ next July.
My Wife's credit rating is pretty is brilliant. We would like to buy a house around £110k with 10k deposit.But typically she can only get mortgage for 69k as she earns 16k and i'm on 27k.
Is there any success stories out there that can brighten my day?
0
Comments
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Speak to a broker.
the age of those defaults should mean there are lenders who will consider you,assuming your incomes and everything else stacks up.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 -
Are the defaults and CCJ settled.0
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Yeah will go to broker probably thanks.
Thrugelmir yes...all defaults and ccj were settle july 2010.0 -
This sounds do-able on the face of it.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.0
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