Adverse broker for HTB remortgage from joint to single- complicated case

FTB.Shell.

Hi, i would really appreciate some expert advice from a broker (possibly someone who deals in adverse mortgages/messy situations!!)

My situation is quite complex (well i feel like it is!!) 

I bought a newbuild in April 18 on the HTB for £220k. 44k HTB loan + £25k deposit + £151 mortgage. (Barclays Fixed term for 2, then fixed again for 1 and again for 1)
Joint mortgage with a family member. 
Credit score was fair back then - no defaults or missed payment issues.
Since then i have defaulted on two credit cards in march 2020. I have paid them off in full this week so they will shortly show as fully settled. I have missed payment on other cards too but have managed to keep on top of them and gotten back onto the right track. I haven’t missed a payment on any account for at least 8 months. 

My Family member wants to come off My mortgage (does not contribute to the mortgage financially but initially need to go on the mortgage for affordability assessment) 

when i explored remortgage options back in March/April 2021 my current lender Barclays were saying I didn’t fit criteria and the defaults were obv having a huge affect on me. 

In terms of affordability My income is £43,300. (It was far less in 2018). 

The adverse lenders were concerned about my HTB - apparently they don’t like lending with that attached to a mortgage? Is this true? I guess it makes it more complicated. Apparently i did fit for some of the criteria in terms of affordability but the HTB and defaults were coming back as issues.

In an ideal world based on affordability, I would like to pay off the HTB and absorb it into my mortgage (in April 2022). Currently balance on mortgage is 140k so if i added that on i think i would need a mortgage for £184k (probably less in April next year as another year would have nearly passed by then). 

I know its incredibly difficult to predict what lenders will say or do but based on this info do you think it’s possible that i could remortgage ALONE next year based on the info above get rid of the HTB based on my adverse credit status. 

As i say the defaults have been settled and paid in FULL this week. I have also paid off all my credit cards. In April 2022 (the time i want to remortgage) i will have roughly £2000 left on a car finance and £6k left on a loan. No other finance and i do not intend on getting myself into another mess as this has seriously given me the lesson of a lifetime. I have made some very silly mistakes and will never put my mortgage on the line again (I didn’t intend on putting it in the line in the first place but in terms of remortgaging i understand that the adverse defaults have severely hampered my credit file and made me look less desirable to lenders)
 
sorry for the long winded post. Any advice would be GREATLY appreciated as i am doing everything i can to get myself into a better position for lender next April. Any tips or information would be greatly appreciated. 

Also any recommended brokers to approach? 

Thanks you 

FTB.Shell.

P.s i am told time is a healer in terms of credit file and although i know the defaults will remain for 6 years, i am hoping that i can remortgage as i would like to move at some point. 

K_S

@ftb.shell. It's hard to predict what the lending environment will be in 12 months time, but assuming it isn't too different from today, once you have 2+ years of clear credit-history, you should potentially have options to pay off the equity loan and remortgage at 75-85% LTV (depending on what the value of the property is). Unlikely to be at Barclays rates though.

You are doing all the right things, just continue to keep your credit history squeaky clean, keep your debt low and your income at the current level.