Rates with default

merudy

Hello. Me and my partner are hoping to buy a house soon.

We are looking at properties between 350-375k and have a 10% deposit. We have a joint income of 95k.

Debt wise we have an 8k personal loan with three years left to run but that's all.

My credit report is clean but my partner has a 5k credit card default from July 2018, settled in 2019.

Would this mean we wouldn't be able to get a mortgage or roughly what kind of rate could we expect?

Thanks very much 

ACG

I reckon 10% deposit would be fine, rates should be in the ball park of 3% from what you have said.