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bad credit..mortgage help

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Comments

  • cavework
    cavework Posts: 1,992 Forumite
    edited 25 October 2014 at 6:55PM
    First of all OP ... thank you for giving years of service in the armed forces .. you have my respect
    Have you considered shared ownership through Local Housing Associations?
  • Jambo5
    Jambo5 Posts: 223 Forumite
    Never heard of it cavework...enlighten me please:)
  • Pixie5740
    Pixie5740 Posts: 14,515 Forumite
    10,000 Posts Eighth Anniversary Name Dropper Photogenic
    The first hit on Google:

    https://www.gov.uk/affordable-home-ownership-schemes/shared-ownership-schemes

    With shared ownership schemes you still need approved for a mortgage if you don't already have the cash to buy your share. If you have a poor credit history then this is unlikely to be an option for you at this point in time.
  • Phoebo
    Phoebo Posts: 40 Forumite
    How much are you hoping to borrow?

    Some of the brokers on the Mortgages board have said this could be do-able. Why don't you contact one of them?
  • kingstreet
    kingstreet Posts: 39,350 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    OP were you unhappy with it, or was the information given to you previously not sufficient?

    https://forums.moneysavingexpert.com/discussion/5078613

    https://forums.moneysavingexpert.com/discussion/5091028
    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.
  • Jambo5
    Jambo5 Posts: 223 Forumite
    No I happy....just new to this site, did not realise it was a bad thing to keep reposting. Trying to get as much info as possible and thought posting if in other sectors would help?
  • Jambo5
    Jambo5 Posts: 223 Forumite
    Sorry guys
  • kingstreet
    kingstreet Posts: 39,350 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    In which case, just "bump" or "BTTT" (back to the top) your existing threads, so people can see what's gone before, rather than get the same suggestions over and over again...
    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.
  • Jambo5
    Jambo5 Posts: 223 Forumite
    BTTT and Bump...help
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