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Can i move house?

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wonganumpty
wonganumpty Posts: 17 Forumite
in Mortgages & endowments
Hi

Without going into to much details does anyone know if it would be possible for me to get a mortgage for a new house even though i've had a few late payments on my current one in the past?

Thanks

Comments

  • kingstreet
    kingstreet Posts: 39,254 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Will depend on when and loan to value.

    In the last year and 95%, I'd say unlikely.

    Under 75% and three or more years ago, I'd say certainty at high street rates.

    Grab your credit files and head for a broker.
    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.
  • ACG
    ACG Posts: 24,538 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    Yes, but a LOT more information is needed.
    When, how many, the LTV f the new property will all have some impact.
    I am a Mortgage Adviser
    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.
  • wonganumpty
    wonganumpty Posts: 17 Forumite
    Thank you both for replying.

    Can i just say i don't know anything about mortgages, which includes the jargon etc. I took out a mortage over 10years ago with an ex and all i did was sign the paper work. I understand nothing.

    I think it was about 6 i missed and about 6-7 years ago. I paid double for six months after to catch up. But also i have been late with a few more since that, not sure exactly how many.

    I've had the same job for 20 years but i was single and an idiot with bills, now i'm in a an excellent relationship and we want to move, however i'm pretty sure my past is going to cause a problem.
  • ACG
    ACG Posts: 24,538 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    Get your reports and speak to a broker. There are potentially options but it comes down to the details.
    I am a Mortgage Adviser
    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.
  • HappyMJ
    HappyMJ Posts: 21,115 Forumite
    10,000 Posts Combo Breaker
    wonganumpty wrote: »
    Thank you both for replying.

    Can i just say i don't know anything about mortgages, which includes the jargon etc. I took out a mortage over 10years ago with an ex and all i did was sign the paper work. I understand nothing.

    I think it was about 6 i missed and about 6-7 years ago. I paid double for six months after to catch up. But also i have been late with a few more since that, not sure exactly how many.

    I've had the same job for 20 years but i was single and an idiot with bills, now i'm in a an excellent relationship and we want to move, however i'm pretty sure my past is going to cause a problem.
    Any late payments from over 6 years ago will not affect a mortgage application today so you can ignore them.

    You can get your credit history for free from Noddle or Clearscore.
    :footie:
    :p Regular savers earn 6% interest (HSBC, First Direct, M&S) :p Loans cost 2.9% per year (Nationwide) = FREE money. :p
  • wonganumpty
    wonganumpty Posts: 17 Forumite
    I'm scared to get my history to be honest.

    Thanks
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