Poor Credit Score and Mortgage

Midlander123

Hi, 
New User to this forum. 
Long story short. 
My partner - up until September 2019 had 2 CCJs and numerous defaults on loans. His credit rating was zero. However all his debt was  cleared September 2019.

My credit rating is 595/700 on clear score. I have a car on finance, a mortgage (£60k left of a £180k), and I took out a £6k loan September 2019 to clear my partners debts. He is paying this off and it is due to be completed September 2021. 

Is there a way in the next 18 months to speed up improving his credit score so we could buy a house together? 

TIA

Willing2Learn

Use a good, experienced broker.  You may find it possible to find one on the mortgages board.
https://forums.moneysavingexpert.com/categories/mortgages-endowments

Fighter1986

As long as three years have passed since the last adverse event e.g. 36 clear months of no arrears, missed or late payments, no defaults, and no CCJs then there will be a lot of lenders willing to look at an application.

Make sure all the old accounts and CCJs are actually showing as cleared and settled with £NIL balances on all three of his credit files, and write to the lenders if any information is incorrect. 

Focus on stability. Your OH is best advised to have a small number of well run accounts open for a long time e.g. one mobile contract, one bank account, and one credit card, used occasionally, paid off in full each month, and never used beyond 50% of its limit.

Avoid chopping and changing between account providers, rather focus on keeping a high average age of account.

And of course, avoid credit applications. More than 1-3 credit applications every 6-12 months can have an adverse effect.

London and Country are an excellent all of market broker who don't charge the borrower a fee. 

D3xt3r5L4b

Ignoring the score is a good start as well