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Getting a mortgage with a default
Mondelez
Posts: 1 Newbie
Applied for a mortgage unaware Talk Talk defaulted on me last year when I moved out my flat. Settled it in a hope I would get a mortgage but struggling. Have been turned down by my own bank RBS due to this for 90000. Went to Natwest but they only offered 70000.
Any advice would be great thanks.
Any advice would be great thanks.
0
Comments
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For starters RBS owns Natwest so they may not be the best choice.
You need a specialist adverse credit broker. The fact that the default is recent is going to count against you.2.88 kWp System, SE Facing, 30 Degree Pitch, 12 x 240W Conergy Panels, Samil Solar River Inverter, Havant, Hampshire. Installed July 2012, acquired by me on purchase of house in August 20170 -
How can you get £90k with Natwest but £70k with RBS? They are the same bank.
If you have been declined twice, I think it is a good idea to use a broker. 2 credit checks isnt great, 3 is going to start to hurt so its important to get it right next time.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 -
Obtain all three versions of your credit file (no, they aren't always the same) and put them in front of an independent broker.Applied for a mortgage unaware Talk Talk defaulted on me last year when I moved out my flat. Settled it in a hope I would get a mortgage but struggling. Have been turned down by my own bank RBS due to this for 90000. Went to Natwest but they only offered 70000.
Any advice would be great thanks.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.0
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