We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

My Current Status - Your Thoughts

2»

Comments

  • [Deleted User]
    [Deleted User] Posts: 0 Newbie
    There is no technicality.

    It's an accurate report on what happened with your account - regardless if it has been sold on or written off.
  • System
    System Posts: 178,365 Community Admin
    10,000 Posts Photogenic Name Dropper
    LawAbiding wrote: »
    I would like to apply for a £170,000 - £190,000 mortgage in the next 12-24 months.

    Not going to happen in the next 12 months as you'll still have at least 3 defaults next year and you'll have the last one of those three on your file til 2021 so that'll impact what they offer you.
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • LawAbiding
    LawAbiding Posts: 295 Forumite
    Fourth Anniversary 100 Posts
    Tarambor wrote: »
    Not going to happen in the next 12 months as you'll still have at least 3 defaults next year and you'll have the last one of those three on your file til 2021 so that'll impact what they offer you.

    Understood, is there a chance they would offer with unfavorable interest rates?
  • [Deleted User]
    [Deleted User] Posts: 0 Newbie
    You will get a mortgage with the right broker.

    And yes your rates will probably be higher than market or high steet rates until you look to remortgage a few years down the line
  • LawAbiding
    LawAbiding Posts: 295 Forumite
    Fourth Anniversary 100 Posts
    !!! wrote: »
    You will get a mortgage with the right broker.

    And yes your rates will probably be higher than market or high steet rates until you look to remortgage a few years down the line

    Exactly what I am hoping and plan to do, thanks Gary
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.7K Banking & Borrowing
  • 253.4K Reduce Debt & Boost Income
  • 454K Spending & Discounts
  • 244.7K Work, Benefits & Business
  • 600.1K Mortgages, Homes & Bills
  • 177.3K Life & Family
  • 258.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.
Update Your Picture