Anyone with CCJ mortgage advice?

icklesurfer

I need some advice. I fell into some bad luck a while back (redundancy and ill health) which meant I couldn’t make my bill payments on my council tax and I ended up with a CCJ which expires in 2020. I already have a flat that I own with an £80k mortgage (bought pre CCJ) but my partner and I want to start a family so we need to move somewhere with a second bedroom. House prices around my area are about £180k. My partners mum wants to give us £40k deposit and collectively we earn roughly £65k annually so in any other circumstances we’d get a mortgage but given the black mark against my name I don’t know if we would even be looked twice at.

Has anyone had any success in getting a mortgage in similar circumstances? If so with who? Any advice would be greatly appreciated. X

ACG

Presumably registered in 2014?
Will there be any deposit coming from the sale of your current property?

In any event, because you have a healthy deposit and the ccj is quite old, there will be lenders. The only issue really is what rate it will be at. There is potential for normal rates through to around 3.5%.

Speak to a broker, they should be able to help.

icklesurfer

ACG wrote: »

Presumably registered in 2014?
Will there be any deposit coming from the sale of your current property?

In any event, because you have a healthy deposit and the ccj is quite old, there will be lenders. The only issue really is what rate it will be at. There is potential for normal rates through to around 3.5%.

Speak to a broker, they should be able to help.

Thank you for the response. No money coming from the sale of the flat. It’s value has just evened out after being in negative equity since I purchased in it November 2007 (the month before the house price crash.... rubbish luck).