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Council Right to buy

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LilPretty
LilPretty Posts: 49 Forumite
Seventh Anniversary 10 Posts Combo Breaker
edited 20 March 2015 at 9:57AM in Mortgages & endowments
Hi all,

i have applied to buy my council property (free-hold) and it has been approved.

Valued at £310k, discount of £103k applied and a bal of £207k now to be mortgaged off.

I have a credit score of 651 (poor) and I have 1 settled ccj and 1 deliquent account (due to go off in may 2015)

I have not had any credit activity for over 8yrs (not applied for any credit cards/ car loan / loans) etc ..

All of my bills have been pay as you go and any that required monthly payment - my bro has had in his name and i have just paid off.

I am looking for a mortgage for the above amount, I am in the UK and i am self employed currently consulting for an IT firm

Can anyone give advise on how to progress this?

I have my 10% deposit if required.

Thanks

Comments

  • amnblog
    amnblog Posts: 12,732 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    You need the assistance of a broker.
    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.
  • LilPretty
    LilPretty Posts: 49 Forumite
    Seventh Anniversary 10 Posts Combo Breaker
    Amnblog - thanks for your response.

    Where can I search for brokers who specialise in this field please?

    Thanks
  • amnblog
    amnblog Posts: 12,732 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    unbiased.co.uk
    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.
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