First time buyer- defaults

happybunny86

The mortgage advisor is coming over tomorrow but I'm up late stressing he will probably say yet again we can't get a mortgage because of my silly past.

I'm down to 4 defaults... The last being from 2013. My husband has an immaculate credit score. We have a 10% deposit. Does anyone think there's a chance we will get a mortgage?

ACG

I reckon you will be fine, possibly high street rates but worse case scenario around 4.5% should be available.

Worried_Girl

My husband and I both have defaults from 2013. I have 3 and he has 2. My mortgage broker was fantastic I found him on Vouched For (Gary Cahil from Moneyquest). We have just had our mortgage offer confirmed. 15% deposit 2 year fixed deal at 1.94%! We are over the moon. Other brokers told us we would have to go to specialist lenders so choosing the right broker is the key.

RodTrotter

This issue of defaults actually caused my relationship to fall apart and my girlfriend ended up getting a house on her own, Im 26, i earn 35k, i have 15k in savings and i could sell my car if i need to but i have two defaults which were for less than £300 and i was told i had no chance last September, lately i have been seeing promising stories like the ones above which give me hope.
Is there anyone recommended i could talk to to assist me further?

ACG

2 x £300 defaults, you should have options. More so of they have been satisfied a while.

Even in September you would have been fine based on what you have said. But like anything the devil is in the detail.

happybunny86

We ended up going with barclays and the rate was 2.6% I think. All approved fine. Thought I would mention to give others hope!