Hi there, I have applied for a mortgage via barratts housing, but declined, upon looking at my credit file, a satisfied default has been added to my credit file 5 days ago. (Nothing to do with me) Should be removed company said numerous accounts were open with different DOB, but no credit accounts of such on file.
Gothia must of bought the debt and placed it on my file. as it's under their name.
I think the reason why I got turned down was because of the recent default.
Now, the information I gave to barratts, is this fine to get the mortgage. %5 deposit, 20% government scheme deposit, (£30,000 contribution?) salary 28,000, house value £150,000 so 112,500 mortgage needed? Is this fine?
Once I get the default removed is it worth again trying through barratts/halifax, barratts uses halifax to get the mortgage. I am sure the default is the stumbling block.
My credit file is good, no defaults, ccjs, missed payments. the barratts advisor said something about needing a score of 800 to get mortgage is this right? My score before default was 540, now it's 370.
Is it worth going to a broker now? For second application once default is removed?
thanks
Gothia must of bought the debt and placed it on my file. as it's under their name.
I think the reason why I got turned down was because of the recent default.
Now, the information I gave to barratts, is this fine to get the mortgage. %5 deposit, 20% government scheme deposit, (£30,000 contribution?) salary 28,000, house value £150,000 so 112,500 mortgage needed? Is this fine?
Once I get the default removed is it worth again trying through barratts/halifax, barratts uses halifax to get the mortgage. I am sure the default is the stumbling block.
My credit file is good, no defaults, ccjs, missed payments. the barratts advisor said something about needing a score of 800 to get mortgage is this right? My score before default was 540, now it's 370.
Is it worth going to a broker now? For second application once default is removed?
thanks