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remortgage
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simon78uj
Posts: 9 Forumite
Hi
I'm new here and basically looking for some advice
I'm looking to remortgage i have a 5.5 year old settled default on my credit file I'm looking to remortgage
mortgage 50k property value 160k
been round the houses and most brokers are telling me no
so i have come on here as a last resort
simon
I'm new here and basically looking for some advice
I'm looking to remortgage i have a 5.5 year old settled default on my credit file I'm looking to remortgage
mortgage 50k property value 160k
been round the houses and most brokers are telling me no
so i have come on here as a last resort
simon
0
Comments
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Must be other issues if you keep getting a 'no'.
What are they?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 -
sorry but no other issues0
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Then you are definitely talking to the wrong peopleI 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 -
i have only spoken too two people so far and they told me it won't happen0
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They are wrong unless there is something in the case I am not aware of.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 -
no there is nothing you are un aware of its a default for 3k it is due to be removed in december this year it was also settled over 3 years ago0
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Either there is more to this case, or your previous contacts have no idea.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 -
I agree.
Likewise, I'm looking for other reasons this is being declined.
A default dated more than three years ago and satisfied should be easy to place at under 50% loan to value.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.0 -
i have not been declined as i have not made a application i manage all my bills very well the people i have approached have told me too wait until december till it has gone from my file0
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you don't need to wait if it is better for you not to.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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