6 Months until default drops off

Missnikon

Hello, I've got 6 months until my now one and only default is due to drop off my credit file. Should I wait until it drops off before applying for mortgage or with only 6 months left will it not make too much of a difference?

Any help would be great.
Thanks

[Deleted User]

Depends how marginal the rest of your application is.

Missnikon

Deleted_User wrote: »

Depends how marginal the rest of your application is.

How do you mean?

My partner has no issues with their report & we both have decent wages. My only thing is an account previously sold off that I'm paying off monthly (default now ended) & a default due to end in August of a previously closed account.

Thank you

[Deleted User]

If affordability was tight, or you have less than stellar management of your finances in the past, an old default could tip the balance into a decline.

But if everything else is fine, then it shouldn't cause any problems.

If you have any doubts, engage a broker to place your mortgage.

Missnikon

Deleted_User wrote: »

If affordability was tight, or you have less than stellar management of your finances in the past, an old default could tip the balance into a decline.

But if everything else is fine, then it shouldn't cause any problems.

If you have any doubts, engage a broker to place your mortgage.

Thank you - everything else is fine. We've come a long way since this default was original listed.

Thanks again