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Joint Mortgage with one party post DMP

Kathryned
Kathryned Posts: 2 Newbie
in Mortgages & endowments
I'm 18 months post DMP with 'youngest' default 4 years old. My husband has a perfect credit score and history (my debts are from before we met & we have no financial association).


We currently rent and want to buy our own home. Will our combined history make it difficult to get a mortgage i.e. will high street lenders reject us?

Comments

  • ACG
    ACG Posts: 24,690 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    It will depend on how everything appears on your credit report and the finer details. If everything is 4 years old you should have options.
    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
    Definitely one for a broker. Get all your credit reports in a row and present them to a good broker who knows what they are looking for and what they are doing.
    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
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Being married creates an association. What yours is their's and what their's is yours.
  • Mortgage_Adviser
    Mortgage_Adviser Posts: 374 Forumite
    Third Anniversary 100 Posts Name Dropper
    Not necessary. If no joint accounts or credit are currently held.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Mortgage_Adviser wrote: »
    Not necessary. If no joint accounts or credit are currently held.

    Married couples however can pass assets between themselves at will.
This discussion has been closed.
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