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What rates could we be looking at?

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Looking for some advice if possible…moving house…using equity of approx 110k as deposit on new house 265k…joint earnings 90k with £1500 loan and £200 pm. Partners credit file is squeaky clean but mine has some
adverse. 3 defaults all satisfied, most recent registered in 2020. Ccj of £1500 registered in 2020, satisfied in march 2023. Just in the process of contacting brokers but is it possible to give any indication of what sort of interest rates we could be looking at? Thank you

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  • ACG
    ACG Posts: 24,540 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    Tricky to say for sure. You could be looking at high street. 
    But if it falls off the high street I would say around 4.5%-5.8%. There is not really enough information, the devil is in the detail in terms of what the defaults/CCJ was for, when satisfied, when registered etc. 

    I think the 4.5% is quite likely but wouldnt want to make any guarantees. 
    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.
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