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Self employed with satisfied defaults
DaveR80
Posts: 2 Newbie
Hi am seeking some advice regarding my chances of getting a mortgage. My situation is as follows. I am self employed and have been for 2.5 years and earn around 50k. My wife earns around 15k. We have between 50 and 60k deposit and are looking at houses around 250k. I have defaults on my file from 2010. 3x in total the largest of which was 4k (1k and £300 the other 2). All are satisfied. I have just submitted details to my accountant for 3rd set of annual accounts (and 2nd full years accounts). I guess my question is what are my chances of getting a mortgage and how difficult will it be given the historic adverse? I'm aware high street lenders not really an option. Thanks in advance!
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Comments
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Any credit commitments?
On the face of it I wouldn't be too concerned, some potential high street options as well you could look at.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 -
No I have a small credit card I clear in full every month but no other outstandings0
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You should get lending if you use a competent broker Dave.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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