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My Current Status - Your Thoughts

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  • 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: 178,340 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?
  • 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
  • !!! 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
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