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50% deposit & CCJ

Options
Pier13
Pier13 Posts: 1 Newbie
in Mortgages & endowments
Hello all,

I am looking for some advice.

My partner and I would like to apply for a self build mortgage, he has a good credit history however my credit file is a mess from being irresponsible a number of years ago.

I have a number of defaults and two satisfied ccj's.

We have £200k cash and require a £200k mortgage to allow us to buy a plot and build.

Does anyone have any experiences of successfully obtaining a self build mortgage with bad credit and ccj's?

Or should we give up on the dream??

Thanks in advance.

Comments

  • ACG
    ACG Posts: 24,585 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    Definitely a broker job with experience in self build.
    I have only done one self build Mortgage and I would not touch another.
    I am a Mortgage Adviser
    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.
  • YHM
    YHM Posts: 650 Forumite
    Could be options available to you. Not many active lenders in self build, but your broker will need to be doing some solid research to ensure an application would actually go anywhere
    I am a Mortgage Broker.

    You should note that this site doesn't check my status as a Mortgage Broker, 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
This discussion has been closed.
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