Hi there, first time poster so go easy on me!
I'm currently looking to buy a new home. I have bad credit due to me being wayward when I was a student.
I have 1 CCJ to the tune of £1800. This has been satisfied. It is currently 3 years 9 months old.
My 1st default (not settled) for £205 and it's 5 years 4 months old. The 2nd default is for £82 (settled) and it's 4 years 9 months old.
I've spent the last couple of years sorting my credit file out. I've no missed payments of late and I paid off the CCJ. I have a credit score of 835 (Fair) now with Experian.
I have £90,000 to put down on a property worth £280,000. I earn £35,000 whilst my partner earns £21,000 (excellent credit record). My dad could be a guarantoor for a mortgage as he has worked and saved hard.
How likely am I to be accepted for a sub-prime mortgage? I believe my credit history could be a massive stumbling block, whereas my deposit and our combined wages would work in our favour. What rates would I be looking at?
Thank you for any forthcoming advice.
I'm currently looking to buy a new home. I have bad credit due to me being wayward when I was a student.
I have 1 CCJ to the tune of £1800. This has been satisfied. It is currently 3 years 9 months old.
My 1st default (not settled) for £205 and it's 5 years 4 months old. The 2nd default is for £82 (settled) and it's 4 years 9 months old.
I've spent the last couple of years sorting my credit file out. I've no missed payments of late and I paid off the CCJ. I have a credit score of 835 (Fair) now with Experian.
I have £90,000 to put down on a property worth £280,000. I earn £35,000 whilst my partner earns £21,000 (excellent credit record). My dad could be a guarantoor for a mortgage as he has worked and saved hard.
How likely am I to be accepted for a sub-prime mortgage? I believe my credit history could be a massive stumbling block, whereas my deposit and our combined wages would work in our favour. What rates would I be looking at?
Thank you for any forthcoming advice.