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  • FIRST POST
    • bradrock
    • By bradrock 18th May 19, 12:03 PM
    • 181Posts
    • 19Thanks
    bradrock
    Bad credit remortgage
    • #1
    • 18th May 19, 12:03 PM
    Bad credit remortgage 18th May 19 at 12:03 PM
    Hi all me and wife going to apply to remortgage in about 3 months just seeing if u think its placeable with previous credit issues.
    Situation is this .

    I own flat worth 70k 64k owing rented out for past 3 years and continuing.
    Me and wife live in her house but want to remortgage to both names
    Its worth 95k owes 70k...

    Her credit is clean.
    I have 3 defaults 1 18 months old other 2 3 years and 2 ccjs 3 years old all satisfied

    My salary 22k hers is 10k and we have a 10k unsecured loan no more debt.

    Thanks
Page 1
    • csgohan4
    • By csgohan4 18th May 19, 12:18 PM
    • 6,030 Posts
    • 3,998 Thanks
    csgohan4
    • #2
    • 18th May 19, 12:18 PM
    • #2
    • 18th May 19, 12:18 PM
    that's a lot of debt, you could consider retention offers via your online portal where no credit check is done, but the offers may not be competitive

    otherwise try a broker who specializes in adverse credit to see if they can give you better options
    "It is prudent when shopping for something important, not to limit yourself to Pound land/Estate Agents"
    • Thrugelmir
    • By Thrugelmir 18th May 19, 12:21 PM
    • 63,452 Posts
    • 56,266 Thanks
    Thrugelmir
    • #3
    • 18th May 19, 12:21 PM
    • #3
    • 18th May 19, 12:21 PM
    I own flat worth 70k 64k owing rented out for past 3 years and continuing.
    Originally posted by bradrock
    Is the mortgage interest only?
    The stock market is a device for transferring money from the impatient to the patient. Warren Buffett
    • bradrock
    • By bradrock 18th May 19, 12:38 PM
    • 181 Posts
    • 19 Thanks
    bradrock
    • #4
    • 18th May 19, 12:38 PM
    • #4
    • 18th May 19, 12:38 PM
    Yes it is currently its 200 a month but I pay the whole rent of 400 a month
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