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Mortage with a default?
Rob_Mogs
Posts: 156 Forumite
Sorry folks but yet more questions!
My partner and I are looking at a property that is on the market for £147k (Don't want to be paying anywhere near that - but using it to base our figures on)
We have £25k for both deposit and fees etc, my partners credit score is as perfect as you can get 996 on experian, mine is slightly different however.
I currently don't know what my 'score' is as I'm not willing to pay to check atm, however I have 11months LEFT until a default drops off my credit file (defaulted account is settled)
But wondering what the chances of getting a mortage really would be.
I'm the main earner taking home £23500 minimum before overtime, my parter takes home £16000 before any overtime etc.
What are the chances and who are the likely lenders?
any ideas?
My partner and I are looking at a property that is on the market for £147k (Don't want to be paying anywhere near that - but using it to base our figures on)
We have £25k for both deposit and fees etc, my partners credit score is as perfect as you can get 996 on experian, mine is slightly different however.
I currently don't know what my 'score' is as I'm not willing to pay to check atm, however I have 11months LEFT until a default drops off my credit file (defaulted account is settled)
But wondering what the chances of getting a mortage really would be.
I'm the main earner taking home £23500 minimum before overtime, my parter takes home £16000 before any overtime etc.
What are the chances and who are the likely lenders?
any ideas?
0
Comments
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The default can most likely be overcome.
You have another thread running suggesting a broker is in place and/or looking for a new one. This would be the sensible option.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
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