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What harm could this do?
Oldjolly
Posts: 8 Forumite
We are first time buyers looking for a mortgage. Issue we are having is that I have a default on my file which I believe would limit the lenders that we could use.
We did think about my partner applying on her own but would it harm us if she was too apply then find out that the lender would not be willing to give her enough for the house that we're interested in just now?
We did think about my partner applying on her own but would it harm us if she was too apply then find out that the lender would not be willing to give her enough for the house that we're interested in just now?
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Comments
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Honest advice, simply see a broker. I used a broker for first time purchase and they’re the people to ask.0
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Would definitely use a broker, they will definitely have helped people in your situation before and will know the best approach to take.Life gets in the way...PADding is addictive...Saving's better than spending...My savings diary - Now for a healthier, wealthier me2026 1p challenge #7 | Cash envelope challenge #01 | SPC #017EF £1000/£1000 | Sabbatical £4520/£60000
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Oldjolly said:We are first time buyers looking for a mortgage. Issue we are having is that I have a default on my file which I believe would limit the lenders that we could use.The most common error to make in your position is over-estimating the impact of your default, and then over-complicating what you do to address a problem that may not even exist...Use a broker and follow their advice...
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