I have an old default which is removed from my file in March 2014 so my original plan was to wait until then before getting a mortgage, however my tenancy is up in June and I will need to move out of here. So rather than rent somewhere else for a year, I figured I might as well try to get a mortgage.
My credit history is generally good I think, I've checked creditexpert.co.uk and it says I don't have any late payments in the last year. I have a small amount of savings put side for solicitor fees etc. and the in-laws will be helping us with the 10% deposit.
I went to Nationwide about a year ago to ask for a savings account because they had a deal which meant if you paid in a certain amount each month you would be eligible for a 95% mortgage, but the woman serving me seemed more interested in trying to get me to sign up for a current account. I agreed, but was declined. All this took so long that my lunch hour was up and I felt a bit disheartened so I decided to not bother with the savings account and went back to work.
I've not applied for any credit since then but I do have two searches on my file from December which appears to be when I used a compare site for car insurance.
Will I be able to get a 90% mortgage with this mark on my credit? It will be a joint application with my fianc!e and our joint income is about £70k. We would be looking to borrow about £300,000.
My credit history is generally good I think, I've checked creditexpert.co.uk and it says I don't have any late payments in the last year. I have a small amount of savings put side for solicitor fees etc. and the in-laws will be helping us with the 10% deposit.
I went to Nationwide about a year ago to ask for a savings account because they had a deal which meant if you paid in a certain amount each month you would be eligible for a 95% mortgage, but the woman serving me seemed more interested in trying to get me to sign up for a current account. I agreed, but was declined. All this took so long that my lunch hour was up and I felt a bit disheartened so I decided to not bother with the savings account and went back to work.
I've not applied for any credit since then but I do have two searches on my file from December which appears to be when I used a compare site for car insurance.
Will I be able to get a 90% mortgage with this mark on my credit? It will be a joint application with my fianc!e and our joint income is about £70k. We would be looking to borrow about £300,000.