Returning Home to UK from Ireland Can I get Mortgage

michaeljpconlon

Hi

I need some advice. Im returning to the UK from Ireland and need a mortgage as I've found a house that I know i need to live in.

I've had uk employment while living in Ireland and have paid tax on this. Do you think I can still apply for a mortgage? I kept my UK bank account however I did have bad debt going back about 8 years or so.

Any advice is really appreciated.

Hasbeen

apply and find out?

muhandis

In your place -

1. I would get a £2 statutory report from the three major agencies to make sure that aren't glaring issues which need be addressed. Bad debt from 8 years ago should theoretically have been removed by now, but it doesn't hurt to check what else might be there.

2. If the above looks ok, I would call a London based mortgage broking firm (because they'll be quite experienced with returning expats, new residents, etc) and set up a telephonic appointment to discuss your particular circumstances and whether it is possible to get a mortgage at this point of time.

I hope that helps. I'm sure the mortgage brokers on the forum will have more tips.

Good luck.

michaeljpconlon wrote: »

Hi

I need some advice. Im returning to the UK from Ireland and need a mortgage as I've found a house that I know i need to live in.

I've had uk employment while living in Ireland and have paid tax on this. Do you think I can still apply for a mortgage? I kept my UK bank account however I did have bad debt going back about 8 years or so.

Any advice is really appreciated.

michaeljpconlon

Thanks for the reply. I'm hoping a broker will be able to give me some advise. Its good to hear that there are products available.

Thrugelmir

When you say a bad debt. Just one or a number of creditors.

michaeljpconlon

I'd say two creditors. I did have a mortgage before I left with Accord and I paid that in full. So I'm hoping this helps. I'm not sure that their records would go back that far though.

Thrugelmir

Technology enables companies to maintain records for a very long time. The companies you defaulted on are probably best avoiding.