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Mortgage with CCJ's and Recent Late Payments


I've got 4 historic CCJ's on my credit report with the most recent one being 4 years ago. All satisfied now. I also have some recent late payments on a mortgage of a property I'm looking to sell. My initial plan was to sell my house and rent someone until my credit file heals, but just wondering what the chances of another mortgage are.
If I sell my house, I will have around £130,000 in cash released from the sale, plus £20,000 I have in savings. Do you think there's any chance I would manage to get a £50,000 mortgage with my credit history as it is, given the amount of cash I will have as a deposit?
Comments
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@macfan21 4 satisfied CCJs with the most recent one being registered 4 years ago and looking to borrow at very low LTV, those shouldn't stop you.The recent mortgage arrears may be more of an issue. How recent are they, are they on your current residential mortgage and what was the maximum status on the report?
I am a Mortgage Adviser - You should note that this site doesn't check my status as a mortgage adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
PLEASE DO NOT SEND PMs asking for one-to-one-advice, or representation.
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K_S said:@macfan21 4 satisfied CCJs with the most recent one being registered 4 years ago and looking to borrow at very low LTV, those shouldn't stop you.The recent mortgage arrears may be more of an issue. How recent are they, are they on your current residential mortgage and what was the maximum status on the report?
The maximum status was 6 'missed' payments but this was when I was on a payment holiday due to Covid which I have already queried with Halifax. Got to wait up to 2 weeks to hear back from them.0 -
@macfan21 If those status 6 markers on your mortgage account are an error on the part of Halifax, you would be best off getting those corrected on your credit file before trying for a mortgage.
I am a Mortgage Adviser - You should note that this site doesn't check my status as a mortgage adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
PLEASE DO NOT SEND PMs asking for one-to-one-advice, or representation.
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K_S said:@macfan21 If those status 6 markers on your mortgage account are an error on the part of Halifax, you would be best off getting those corrected on your credit file before trying for a mortgage.If the worst comes to the worst, I’ll might just have to wait until the impact of the so called missed payments lessens.0
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