Hi,
Was wondering if one of you nice people could offer any advise.
It has gotten to a stage in my life where I am fed up of renting currently privately renting and have paid over 37K in rent over the past 6 years! paid in full and on time each month. (Not on Credit File)
Unfortunately I dont have the best credit. Described as poor according to experian amongst others. I have two defaults from 2009. One for £1300 for Orange and one for £700 from Vodafone. The Vodafone one was settled in 2009 however the Orange one is still outstanding, I have no idea how they got so high! I wrote to Orange two weeks ago to discuss the outstanding debt but have not heard anything back yet. I've also had a few missed payments on credit cards from around 2008/2009, however these were settled around the same period. On a plus note I have also had two loans that were paid in full and on time each month and finished in 2008/2009.
Current credit:- Capital One Credit Card £200 that I make sure is paid off in full each month (although recently)
Three Network Contract:- £18.99 P/M (paid on time each month for last two years)
My question is have I got a chance of a Mortgage, albeit a high interest one? At the moment I have applied to be on the Electoral Roll. I have about £5k saved and I am in the RAF so I could utilise the Long Service Advance Pay (LSAP) loan of 8K which is interest free and to be paid off in the years I have left.
Sorry if this is long winded. Any help will be greatly appreciated.
Was wondering if one of you nice people could offer any advise.
It has gotten to a stage in my life where I am fed up of renting currently privately renting and have paid over 37K in rent over the past 6 years! paid in full and on time each month. (Not on Credit File)
Unfortunately I dont have the best credit. Described as poor according to experian amongst others. I have two defaults from 2009. One for £1300 for Orange and one for £700 from Vodafone. The Vodafone one was settled in 2009 however the Orange one is still outstanding, I have no idea how they got so high! I wrote to Orange two weeks ago to discuss the outstanding debt but have not heard anything back yet. I've also had a few missed payments on credit cards from around 2008/2009, however these were settled around the same period. On a plus note I have also had two loans that were paid in full and on time each month and finished in 2008/2009.
Current credit:- Capital One Credit Card £200 that I make sure is paid off in full each month (although recently)
Three Network Contract:- £18.99 P/M (paid on time each month for last two years)
My question is have I got a chance of a Mortgage, albeit a high interest one? At the moment I have applied to be on the Electoral Roll. I have about £5k saved and I am in the RAF so I could utilise the Long Service Advance Pay (LSAP) loan of 8K which is interest free and to be paid off in the years I have left.
Sorry if this is long winded. Any help will be greatly appreciated.