This has been asked before sure but this is my thread and I hope to get a more tailored response to my situation.
As title says we want to buy our first home and a resent credit report flagged up a default from 5 years ago of £2000. I knew nothing of this and thing is where it had defaulted the report clearly shows my making repayments so I am now it dispute with the credit company to have it removed for being unjust. Oh the point the mortgage. We have a joint income of £82000 deposit of 10% would have been more but stupid bloody stamp duty swallows £8,000 (well done for getting the economy going there George). We would like to get a house valued at £260,000 how painful will the satisfied default actually be? Have had personal loans paid in full credit cards (from my bank) etc all no problems for last 7 years.
Thanks for the replies
As title says we want to buy our first home and a resent credit report flagged up a default from 5 years ago of £2000. I knew nothing of this and thing is where it had defaulted the report clearly shows my making repayments so I am now it dispute with the credit company to have it removed for being unjust. Oh the point the mortgage. We have a joint income of £82000 deposit of 10% would have been more but stupid bloody stamp duty swallows £8,000 (well done for getting the economy going there George). We would like to get a house valued at £260,000 how painful will the satisfied default actually be? Have had personal loans paid in full credit cards (from my bank) etc all no problems for last 7 years.
Thanks for the replies