Mortgage with nearly 6 year old default

lola_girl

I have managed to clean up my credit file and will be taking a mortgage in April next year (cannot be delayed as a divorce court order to buy out my ex).
I have a default which is 6 years old at the end of June next year, unsettled and 4k (was under dispute and they confirmed they had no credit agreement and have not asked for the money for 5 years). 

Mortgage will be approx 110k, house value approx 220k so 50%LTV.  Good salary and good payment history on my credit card/bank/bills etc. 

With a default with only 2 months to go are high st lenders likely to allow this?  I plan to approach Skipton who I’m currently with first.  Do I need a sub prime broker? 

Thanks 

ACG

How much is the default for? 
What is it for? 

In all honesty, at 50% LTV, I would like to think you will have options on high street.

According to the Skipton website, their criteria for defaults is:

Unsatisfied Defaults
We will only accept an unsatisfied default if this is less than £50 and evidence is provided to confirm this has been paid.

Im guessing your default will fall outside of criteria as thats quite small. Its probably not going to be a bad idea to use a broker, but I don tthink you need an adverse specialist, just an experienced broker. 

lola_girl

It was for 4K.  It was a 2006 historic credit card and the debt collector is unable to provide any credit agreement - they have confirmed in writing it is not enforceable. 

Gary1237

An experienced mortgage broker will be able to point you in the right direction - Ive used a few before and they help a lot 

ACG

lola_girl said:

It was for 4K.  It was a 2006 historic credit card and the debt collector is unable to provide any credit agreement - they have confirmed in writing it is not enforceable. 

Skipton might do it then if the default is over 6 years old.