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advice on defaults
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chocolate_1
Posts: 11 Forumite
Trying to get a mortgage but have a default which will be six years old in August 2015. The default was £1711 satisfied in jan 2013.
No late payments for the last two years.
Earnings for my husband and me are 55, 000.
We want a mortgage for around 199, 000, we have a 15% deposit.
Sufficient savings of around 15, 000.
Can anyone advise on the liklihood of obtaining a mortgage and at a decent rate?
No late payments for the last two years.
Earnings for my husband and me are 55, 000.
We want a mortgage for around 199, 000, we have a 15% deposit.
Sufficient savings of around 15, 000.
Can anyone advise on the liklihood of obtaining a mortgage and at a decent rate?
0
Comments
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There will be lenders who would accept it now subject to everything else stacking up. Potentially at normal high street rates.
It could be worth having a chat with a broker?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 -
ACG is correct, a broker will be able to assist you.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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