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looking for a mortgage
moving_on
Posts: 2 Newbie
Hoping someone here may help put my mind at ease , About 12 years ago my partner and i lost our house due to a loan that was secured on it ,
We never missed a payment on our mortgage .When the house was sold the mortgage and debts on the house were all paid off , We are now in a position to look at buying a house we have a small deposit just over 5% and both our credit reports are clean no missed payments or anything , I have a small credit card about 450 max which we use and pay off all the time .
I am just worried that if we go to try and apply for a mortgage we will be refused because of something that happened 12 yrs ago which was more down to my partner lost their job and we fell behind, In the time since then i have had 3 cars 2 caravans bought with loans and all paid and settled on time we have been renting a council house in which our rent is about 2 months in front no debts to anyone council tax etc all paid up to date.
We never missed a payment on our mortgage .When the house was sold the mortgage and debts on the house were all paid off , We are now in a position to look at buying a house we have a small deposit just over 5% and both our credit reports are clean no missed payments or anything , I have a small credit card about 450 max which we use and pay off all the time .
I am just worried that if we go to try and apply for a mortgage we will be refused because of something that happened 12 yrs ago which was more down to my partner lost their job and we fell behind, In the time since then i have had 3 cars 2 caravans bought with loans and all paid and settled on time we have been renting a council house in which our rent is about 2 months in front no debts to anyone council tax etc all paid up to date.
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Comments
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No one is going to hold events of years ago against you. Hopefully you are wiser from the experience. So won't make the same mistakes again yourselves.0
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thanks just scared of trying and getting refused because of having had a house repossessed and it still being held against us want to be able to get on with our life in our own home again0
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