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Chances of accepting
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Jimmy._Jim
Posts: 1 Newbie
Hi.. I am just wondering what peoples thoughts were on chances of being accepted for a mortgage with the info below...
Joint application, one first time buyer one not first time, house to sell and equity to be used as a deposit probably around 55k, person with house has good credit rating no previous issues, second applicant poor credit rating 4 previous defaults all small 3 for less than 150 pounds with phone companies and paid off recently (about 3 years old), one not paid off for 1200 was student overdraft with nwb, homeowner self employed for 7+ years and accepted for previous mortgage whist self employed, company yearly net profit circa 18k, second applicant employeed 20k salary, looking for around 140-160k house price so 100k ish mortgage. Combined monthly outgoings/bills including current mortgage 900.
Sorry for the big block of info
Many thanks
Joint application, one first time buyer one not first time, house to sell and equity to be used as a deposit probably around 55k, person with house has good credit rating no previous issues, second applicant poor credit rating 4 previous defaults all small 3 for less than 150 pounds with phone companies and paid off recently (about 3 years old), one not paid off for 1200 was student overdraft with nwb, homeowner self employed for 7+ years and accepted for previous mortgage whist self employed, company yearly net profit circa 18k, second applicant employeed 20k salary, looking for around 140-160k house price so 100k ish mortgage. Combined monthly outgoings/bills including current mortgage 900.
Sorry for the big block of info
Many thanks
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