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First time buyers - partner has terrible credit
totterdown5
Posts: 2 Newbie
Hi all. My partner and i are looking to buy our first house - hopefully within the 300k value range. We have a combined salary of 65k and a deposit of 30k. My partner has excellent credit rating whereas mine is terrible. I have had two defaults... one for a credit card for £1000 defaulted in January 2014 but settled in August 2016 and another for a final mobile phone bill which i had forgotten to settle in March 2015 but is now fully paid up. I am really concerned about our chances of obtaining a mortgage at all let alone at a favourable rate. Has anyone in a similar scenario successfully applied for a mortgage recently? if so which broker would you recommend? many thanks
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Speak to any experienced broker, there should be options depending on the finer details.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
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