I was hoping someone can help me here as I feel we have been badly stung with bad advice.
I am currently on 25 k with a fair credit history, outstanding car finance of 3k, no missed repayments. No other debts. I start a new job on 13th May on 33k, increasing to 34k after 6 months. My partner earns 36.5k but has 2 defaults on his credit score with overdraft of 3k to be repayed.
We have a deposit of 20k.
I spoke to a mortgage broker who advised we would have no issues getting a 95% mortgage with Nationwide. We were declined, being advised they did not wish to lend to our case but confirmed it wasn't due to credit issues. Our mortgage broker then advised we apply to Halifax as they are the most lenient. Almost immediately we were BOTH failed on our credit score. Since then I have not been able to get in contact with my mortgage broker.
I am extremely discouraged by the whole process and do not know where to turn.
Do we give up? Should I try to get a mortgage under my name?
I have an appointment to speak with an in-branch advisor with Barclay's next week. I am acutely aware we have had 2 credit searches performed recently, which may have been avoided.
If anyone can help a little it would be hugely appreciated.
Many thanks
I am currently on 25 k with a fair credit history, outstanding car finance of 3k, no missed repayments. No other debts. I start a new job on 13th May on 33k, increasing to 34k after 6 months. My partner earns 36.5k but has 2 defaults on his credit score with overdraft of 3k to be repayed.
We have a deposit of 20k.
I spoke to a mortgage broker who advised we would have no issues getting a 95% mortgage with Nationwide. We were declined, being advised they did not wish to lend to our case but confirmed it wasn't due to credit issues. Our mortgage broker then advised we apply to Halifax as they are the most lenient. Almost immediately we were BOTH failed on our credit score. Since then I have not been able to get in contact with my mortgage broker.
I am extremely discouraged by the whole process and do not know where to turn.
Do we give up? Should I try to get a mortgage under my name?
I have an appointment to speak with an in-branch advisor with Barclay's next week. I am acutely aware we have had 2 credit searches performed recently, which may have been avoided.
If anyone can help a little it would be hugely appreciated.
Many thanks