Hi Everyone,
I would like a little advise if possible.
My fiancee and I are looking at houses at the monent but I have credit issues and was wondering about my possibilities of getting a mortgage. We are looking at part share houses £35000 for 25%, we have £7000 deposit. The issue will be my credit rating.
I have no CCJs but I have 3 late payments in the last year.
I also have a default on a mobile contract 2 years ago which has been paid of for 20 months.
I have quite a lot of debt to pay £1000 on a credit card and £1200 catalogue debt so am probably considered a risk because of this.
My fiancee has no bad credit history within the last 3 years and has a catalogue debt of about £200.
Does anyone have any advise on whether it is worth applying for a mortgage or guidance on how to do it?
Any idea is great. Thanks in advance!
Chris
I would like a little advise if possible.
My fiancee and I are looking at houses at the monent but I have credit issues and was wondering about my possibilities of getting a mortgage. We are looking at part share houses £35000 for 25%, we have £7000 deposit. The issue will be my credit rating.
I have no CCJs but I have 3 late payments in the last year.
I also have a default on a mobile contract 2 years ago which has been paid of for 20 months.
I have quite a lot of debt to pay £1000 on a credit card and £1200 catalogue debt so am probably considered a risk because of this.
My fiancee has no bad credit history within the last 3 years and has a catalogue debt of about £200.
Does anyone have any advise on whether it is worth applying for a mortgage or guidance on how to do it?
Any idea is great. Thanks in advance!
Chris