Credit file after DMP mortgage options

jonnym8083

Ok so apologies for the long post and thank you for being patient here with me.
The history is end of 2015- start of 2016 I split with partner some financial issues which resulted in me taking out payday loans. I took a few out and once I started that I was then needing more and to roll over and borrow from different companies until it went into a self managed debt management plan a a few months later in 2016.
I submitted irresponsible lending complaints in Feb 2018 where nearly all companies refunded interest and removed bad markers against my credit. Happy days!!
However there were 3 lenders that did not uphold my complaint as I just had 1 off loan with them that all went into debt management I arranged myself.
All these were paid off in nov 2018.
They appear on my credit file as the following
Satsuma loans initially defaulted in August 2016 but after my complaint they said as a good will gesture they would remove default but have since replaced all months from Feb 16-November 18 with a late payment marker. Wondered if in the interest of a mortgage this is actually more damaging as if it was a default it would be over 3 years old now instead I’m left with a long list of late payments last one 10 months ago when settled.
My jar loans and uncle buck show on my credit file as green but have AP next to them indicating an arrangement plan.
We are looking to do help to buy with 5% of our money 20% equity loan and 75% mortgage.
Would this be seen favourable by lender as it as if we are putting a 25% deposit down or would like treat it as a 5% which is what we are contributing?
Income from me in 57k and my partner 24k. We are looking at property of £288k with mortgage of £216k.
Affordability isn’t our issue I’m concerned how my credit file shows with these 3 recent payday loans, late payments and self debt management plan
Based on my circumstances over leaving dmp nearly 12 months ago. No issues in meantime. I have since got a credit card builder to pay off in full each month to build credit.
Any advise or help with be gratefully received

[Deleted User]

You’ll likely need to see a broker who specialises in adverse credit files/histories.

You can try a high street lender but I wouldn’t hold your hopes up.

DCFC79

As Gary says a broker is what you need.

You may have to decide whether you pay a high apr for this house or you lower your expectations and pay a lower apr but speak to a broker.

jonnym8083

Is it worth asking satsuma to put the default back on as that would be 3 years old now rather than having these late payment markers. On my credit file literally every month has a late payment marker with a number 3 in it.
Thanks all

[Deleted User]

They’re not obliged to since they already removed it once.

Why would they re-add it just to make you look more favourable to other lenders?

sourcrates

If you only had one loan each off these three companies, then they cannot reasonably uphold an unafordable loan complaint against them, as they have no further borrowing history with them to compare.

They have to mark your file in some way, and to be honest, you were better off with a default, the AP markers will stay for 6 years from the date of final payment, so potentially longer than a default would have showed for.

You can try a broker, as advised above, or let time heal your file and wait a bit longer.

jonnym8083

Yes that’s why these 3 are still on there as they were single loans. My issue is satsuma made out to be removing the default as a good will gesture but to me it seems as though this is working out worse?

Willing2Learn

Then ask Satsuma, politely, if they could reverse their goodwill gesture as it has resulted in your credit file having negative markers for years longer. As already stated, Satsuma are not obliged to change what is recorded on your file.

jonnym8083

Ok great when I spoke with a broker he said it would be a breeze just sounded too good but he works with adverse credit? Gonna get a second opinion. Just said as long as payday loans over 12 months ago