mortgage with bad credit ?

skorpio555

i messed up 3 yrs ago. since i will start work soon in london with good pay i plan on getting mortgage in the next 2 years.

so, if i put deposit of say 100k down on a £160.000 mortgage would any company borrow me the extra £60.000 over say 10 years.

surely any company would know if i was willing to place 100k deposit then im hardly likely to default or i would lose the lot

amnblog

Do haven!!!8217;t defined what messed up means but in 90% of cases with that level of deposit there will be options via a Mortgage Broker.

ACG

That level of deposit, 5 years down the line (when you come to make an application) if you can not get high street rates I would be surprised.

Lizabeth21

skorpio555 wrote: »

so, if i put deposit of say 100k down on a £160.000 mortgage would any company borrow me the extra £60.000 over say 10 years.

You borrow, the company lends!

Fisa002

I don’t think the op has 100k deposit. If so I hope there a legitimate trace for it.

I guess this was a good read

https://forums.moneysavingexpert.com/discussion/comment/71448378#Comment_71448378

Richard_Overton_2911

Fisa002 wrote: »

I don’t think the op has 100k deposit. If so I hope there a legitimate trace for it.

I guess this was a good read

https://forums.moneysavingexpert.com/discussion/comment/71448378#Comment_71448378

Always a good idea to look at poster previous post which generally gives a good insight into who is trolling.. Thanks for the heads up..:)