Mortgage and default question

xcvx

Hi,
I am applying for a mortgage with defaults on my file (all over 24 months now) going with precise. We reserved today and completion will be September. By September 4 out of 5 defaults will be over 3 years old. Would lenders use that in consideration or will they only use the date registered as a factor? Precise HTB criteria 0 in 24 months but feel so nervous and worried as the last one only turned 24 months 1 month ago.

Thanks 

Nibakes

xcvx said:

Hi,
I am applying for a mortgage with defaults on my file (all over 24 months now) going with precise. We reserved today and completion will be September. By September 4 out of 5 defaults will be over 3 years old. Would lenders use that in consideration or will they only use the date registered as a factor? Precise HTB criteria 0 in 24 months but feel so nervous and worried as the last one only turned 24 months 1 month ago.

Thanks 

Hey were your defaults all settled?
Did you get an offer? 

xcvx

Hi @Nibakes
We are going through the process now. been in touch with broker who will contact us today with what offers we can get. i'll keep you updated. 

Kelda1

@Nibakes we have just submitted application ! Waiting for the decline but will keep you updated 

xcvx

@Kelda1 keep us updated!