As title really - what sort of things should we keep in mind?
OH has recently finished a DMP (was around £3.5k when he defaulted in 2011, consequence of losing his job) and we're looking to start saving for a deposit (ideally 15% plus fees on a £120k property). Would like to be 'prepared' and give ourselves the best possible shot.
Is there a 'timeframe' we should wait out before applying? I'm assuming we will need to approach a broker nearer the time.
Single applicant for mortgage isn't really an option as my income is only £17k p/a, so all advice greatly appreciated.
OH has recently finished a DMP (was around £3.5k when he defaulted in 2011, consequence of losing his job) and we're looking to start saving for a deposit (ideally 15% plus fees on a £120k property). Would like to be 'prepared' and give ourselves the best possible shot.
Is there a 'timeframe' we should wait out before applying? I'm assuming we will need to approach a broker nearer the time.
Single applicant for mortgage isn't really an option as my income is only £17k p/a, so all advice greatly appreciated.