first time buyers help!!!!!!!!

johnboyturbo101

Ok wanted to ask a few questions and hope you can help me?

I have a full time job and a family and at the mo we are renting with is not the best, the landlord is now selling up and we are moving back in with the mother in law.

i have a credit rating of about 750s some where on credit expert.
i have a few phones with i have never missed a payment but now the down side i was not all ways on good money started of on 900 a month now i have a good job worked my way up and on about 35k take home.

So i am trying to pay of the bad debt i have with is a loan which is 2k card 3k and store card with is 1k so buying them off.

i found out 6 months ago i had 2 ccj because of moving houses lot because of renting i didnt know 1 was £450 and 1 was 1k i have just paid them both of in full this month.

we are moving in with the mother in law to save up if i get all my debt clear where do i stand about getting a sharded ownership or a mortgage????

thanks john i

Thrugelmir

johnboyturbo101 wrote: »

so buying them off.

Partial settlements (and the CCJ) won't help your application.

Consult a broker that specialises in adverse credit. Then you'll have a better idea of what would be potentially available to you. Along with the size of deposit you'll need to save.

ACG

Cant help on shared ownership.

When were the CCJs dated?
How much are you hoping to purchase for?
How much are you hoping to have saved?

johnboyturbo101

ACG wrote: »

Cant help on shared ownership.

When were the CCJs dated?
How much are you hoping to purchase for?
How much are you hoping to have saved?

One was dec 2014 and the other one 2011
I am not sure how much at the more if i can get a shared owner ship that will be better for me. There is one in my down 50% for 120k.

And i will save as much as i can really thats why i am asking on here i dont really know much

ACG

A 3 month old default, no chance anytime soon unless you had maybe a 25-30% deposit.

I dont think you will get any shared ownership mortgages for atleast a year or 2 but cant comment with any conviction.