First time buyer mortgage application

Tuesday1510

Hello,

I am just putting the feelers out there on my own circumstances to see what my chances of me and my partner getting a mortgage. We are looking at applying within the next week. We have a broker but I am inpatient and just want to see opinions really.
We have found a new build house for £275,000. We are using the help to buy equity loan for £55,000 and have a £15,000 deposit ready.
I earn 20k a year, partner earns 32k a year. Partners credit history is absolutely clean.
He has two credit cards - one with £1400 with a limit of £7,000 and one with £1500 with a limit of £7,700.
I have two credit cards - one with £2,500 with a limit of £3,200 BUT I will be paying £700 a month off before the mortgage starts. My other card is £150 with a limit of £500.
We have a Tesco loan for a car out which is currently at £5,500 payment of £175 a month for 3 years ending in Oct 22.
I went to uni and wasn't sensible so I have a default issued in April 16 that was settled straight away in April 16. My last late payment on a credit card was June 18. I was silly taking payday loans out sporadically for my ex with the last one being in Feb 2019. I have a clean credit history after these dates.

Opinions please?
Thank you for your help and any suggestions welcome.

foxy-stoat

I would say yes, keep saving and make sure you get no more missed payments on current commitments.

Go into the application with no debt and you should get a result.

Tuesday1510

Thank you for replying, would you say this could be acceptable for high street lenders?

Tuesday1510

Thank you for replying, would you say this could be acceptable for high street lenders?