Mortgage with history of a CCJ

brunoboy

Hi
Help please.
I own a property outright, in my sole name, valued at £185000. I have a debt to my family of £125000 which has to be repaid by December 2019.
I have a settled CCJ from 2018 and a couple of credit card debts which I pay off monthly.
I am a registered nurse and earn a basic salary of £36000 and shift work earning a further £18000.
What kind of mortgage would I be advised to go far, and what are my chances.
I am 50 next birthday

ACG

Depending on the finer details of the CCJ you may be able to get a "normal" rate mortgage, worst case scenario would be around 4.5-5% but there should be a few options in between before you start getting to that sort of rate.

As for what you would be advised to get, I am not sure how other brokers work but we tend to ask about what you want and discuss the options. I suppose if you were looking at rate of 5%, you are probably only going to want a 2 year deal so that you can get off it sooner rather than later. If you are eligible for normal rates then you may want a 2 year deal or you may want to tie in for a little longer - it is all down to personal preferences really.

brunoboy

Hi thanks for your response.
The CCJ was over a disputed water rate bill. Does this make a difference.
Also would it be prudent to cash some of my pension when I'm 50, in November 2019.