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CCJ and applying for mortgage

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Hi all, I’m trying to sweep up the last one of my debts with the end goal of buying a house in the next couple of years. I had a CCJ logged against me in Oct last year which I’m in the process of sorting out, however they have offered me a 50% discount to close the debt off entirely. I believe I remember seeing somewhere that a debt “partially settled” on my file can go against me as opposed to being fully settled, is this the case? Obviously if fully settling will have a better outcome for me in terms of getting a mortgage one day then I’d rather do that even though it will take a little longer.
Any help appreciated, thank you :)

Comments

  • ACG
    ACG Posts: 24,542 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    If you are likely to get high street rates, it can make a difference.
    If you are looking at sub prime, then it wont make any difference.
    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.
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