We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Help to buy mortgage with adverse credit history
Options
heyJui
Posts: 3 Newbie
Hello Everyone,
Does anyone know whether getting a mortgage using the Help to Buy Wales scheme is possible with a default or has anyone reading this managed to secure a mortgage with one on their file?
The default was first registered 2 years & 8 months ago and was for £1000. It has been settled. I have no other adverse credit history at all. I only have one credit card in my name & have no outstanding debts.
I have the 5% deposit & was looking to use the HTB Wales scheme - I've seen a few other threads on here which are similar but wanted to see what you brokers out there think? Are there any potential lenders or would it be a waste of time at the moment to even think of applying with anyone?
Thank you
Does anyone know whether getting a mortgage using the Help to Buy Wales scheme is possible with a default or has anyone reading this managed to secure a mortgage with one on their file?
The default was first registered 2 years & 8 months ago and was for £1000. It has been settled. I have no other adverse credit history at all. I only have one credit card in my name & have no outstanding debts.
I have the 5% deposit & was looking to use the HTB Wales scheme - I've seen a few other threads on here which are similar but wanted to see what you brokers out there think? Are there any potential lenders or would it be a waste of time at the moment to even think of applying with anyone?
Thank you
0
Comments
-
Placeable on the face of it, but tricky and extremely slim options.
Engage a good independent mortgage 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.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.1K Banking & Borrowing
- 253.2K Reduce Debt & Boost Income
- 453.6K Spending & Discounts
- 244.1K Work, Benefits & Business
- 599.1K Mortgages, Homes & Bills
- 177K Life & Family
- 257.5K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards