Mortgage and ccj

GreenCat80

Hello, I need to buy my ex out of our property. I need to get a 23% LTV mortgage (currently there is no mortgage on the property) I have a ccj coming off my account in April. I’m keen to buy him out so he leaves asap, and I’m wondering how different my chances of getting a mortgage will be before and after April. So my question is, how much is an old settled ccj going to make to my application? 

ACG

You should have plenty of options, a 5 year old CCJ should not be a deal breaker. 
You will be more likely to pass a credit check after April but I think you should be fine now. 

GreenCat80

ACG said:

You should have plenty of options, a 5 year old CCJ should not be a deal breaker. 
You will be more likely to pass a credit check after April but I think you should be fine now. 

Thank you so much for replying, that’s very reassuring 😊

dimbo61

Please use a  mortgage broker to help you

1 find the right deal and lender for your circumstances.

2 Ignore the Old CCJ

3 Help you with the application and check your credit file/score

GreenCat80

dimbo61 said:

Please use a  mortgage broker to help you

1 find the right deal and lender for your circumstances.

2 Ignore the Old CCJ

3 Help you with the application and check your credit file/score

Thank you, yes I will, I’m just trying to tidy up my finances a bit first, it’s all a bit daunting at the moment, I’ve never done the mortgage thing before 😬

RelievedSheff

It is very possible. 

We remortgaged 6 months ago and at the time I had a 5.5 year old satisfied CCJ on my credit file.

We got a mortgage with a mainstream lender (Halifax) and the mortgage was approved in super quick time, 3 days from application to having the mortgage offer.