Advise on Getting a Mortgage with a CCJ

mikesmake

Hi,

I've been reading the forums and trying to get my head around different options that may be available to me but it feels like a minefield!

I have a CCJ that was for £338 on 05/11/2013 that I didn't know about until I tried to rent a house on 11/02/2014. I then paid it off straight away. I have just done the Equifax free trail and that doesn't show the CCJ but my Noddle report shows it.

I want a mortgage with my partner, she has good credit. We have 20k deposit and have 45k joint income.

Any help or advise would be really appreciated.
Mike

Thrugelmir

Lenders will search the Trust Registry when processing mortgage applications. So the CCJ will not go undetected.

http://www.trustonline.org.uk/

mikesmake

Is it worth waiting till it has been a certain amount of time since the CCJ like 3 years?

Are there any brokers that get recommended above others?

Liverlad67

Hi I have a satisfied ccj from 2010 on my file. Shows on stat report from equifax not showing on noddle and clear score. Still waiting for reports from experian , call credit. It's very frustrating as paid off satisfied even got cert off court and printout from trust online showing that. Yes I had bad times in the past I haven't now. I am looking for mortgage also will be using a broker but if the lenders all look at the trust registry well I may be screwed. What's the point in doing the right thing if you still get screwed over. May have to wait till 2016 till it drops off but need house now.

kingstreet

Once your history has been clean for three years minimum, you will have options on and off high street.

Most brokers should be able to cope with a singe historic CCJ.

macms67

Thought I'd share my situation for those who have a CCJ.

I came through a messy divorce with a CCJ (£1200 to a solicitor - long story) and around £25k in debt (a lot but I am quite a high earner). I only settled the CCJ in March this year and got it marked on my credit file as satisfied. I've got a decent credit file otherwise apart from one or two late payments (non mortgage) over the last couple of years. At the end of April, I applied for a Halifax mortgage through a broker and was accepted in principle immediately. I kept waiting for it to fall through but it didn't and it has now been completed.

I don't know whether the Halifax has loosened it's lending criteria but anyone with a CCJ but an otherwise reasonably healthy credit record shouldn't give up hope. I wonder if the fact that the CCJ wasn't consumer credit related was a factor but then I doubt the computer would have known that at AIP.