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Am looking at buying my first house with my partner, only trouble is my credit history is pretty screwy.
No CCJ's or anything but loads of missed payments, my credit score must be low. Also my partner is self employed which I guess wont make things any easier.
On the plus side we have a deposit of roughly £235,000 although we'd still need a mortgage of £160,000 to £180,000 ............... do we have any chance in the current climate of obtaining the sort of mortgage we are looking for?
Cheers!
No CCJ's or anything but loads of missed payments, my credit score must be low. Also my partner is self employed which I guess wont make things any easier.
On the plus side we have a deposit of roughly £235,000 although we'd still need a mortgage of £160,000 to £180,000 ............... do we have any chance in the current climate of obtaining the sort of mortgage we are looking for?
Cheers!
Show More
Are you been SERIOUS?
Expect house prices to CRASH over the next 10 years!!!
Keep well away from a depreciating ASSETS
:)
Expect house prices to CRASH over the next 10 years!!!
Keep well away from a depreciating ASSETS
:)
The whole house of cards in on the brink, staring over at the abyss.
If you wait until the Autumn, you won't need a mortgage, in fact, you'll get some change from your £235k...
If you wait until the Autumn, you won't need a mortgage, in fact, you'll get some change from your £235k...
house prices are finished in the uk for 20 years at least.In my opinion the rises in house prices has caused more misery than enough for people in the uk.Young people are blocked out of the market as prices are too high.People paid too much for houses in the las tten years (not there fault most of the time.).
Even lady thatcher when she started the homeownership programme for everyone could not of see how horribly wrong this could of gone.
House prices need to come down to 3 times average salarys and stay there for twaenty years.People who paid excessive amounts for there houses should of been compensated by this screwed up system
luckily my house ias about paid for worth about 150000 wouldnt pay more than 90000 in the real world its just a safehome were myself and my family live, as an asset about as much use as a chocolate fire guard
Even lady thatcher when she started the homeownership programme for everyone could not of see how horribly wrong this could of gone.
House prices need to come down to 3 times average salarys and stay there for twaenty years.People who paid excessive amounts for there houses should of been compensated by this screwed up system
luckily my house ias about paid for worth about 150000 wouldnt pay more than 90000 in the real world its just a safehome were myself and my family live, as an asset about as much use as a chocolate fire guard
Hmmmmm, thanks guys!!
Obviously I don't want to buy now then regret it come the autumn BUT I do need a place for us all to live so ................... any chance of getting a mortgage or not :)
Obviously I don't want to buy now then regret it come the autumn BUT I do need a place for us all to live so ................... any chance of getting a mortgage or not :)
soccergeez
Dont take any notice of that advice....you are in a great position to buy
Dont take any notice of that advice....you are in a great position to buy
soccer - No problem getting a mortgage with that deposit
hehe..load a renters on here....of course buy take no notice of the fools with there advice guessing,......where u hoping to buy.. i;ll ask.....bout your dilemma.
Thanks 56.Kriskin and crediter ............ that sounds a bit more hopeful :) I'll be buying in North London crediter. Well, as long as I can get can a mortgage I will be lol.
Soccer geez
E mail me at chris@your-mortgagecentre.com. I will need to look into things for you but it is important that you do not have any recent missed payments. Yo yu will need to have joint income of about 35-40k per year, and have no other commitments
E mail me at chris@your-mortgagecentre.com. I will need to look into things for you but it is important that you do not have any recent missed payments. Yo yu will need to have joint income of about 35-40k per year, and have no other commitments
Soccergees---Check this guy out before e-mailing him.
He's a proven lier.
He's a proven lier.
Hardly a specialist service that is it Chisel?
You will need an income of c40k and not to have missed any recent payments .
Wow... you really go the extra mile searching out a mortgage ..you must have some red hot contacts who can make things happen
No wonder you are on every thread on here all day spouting your p ish
You will need an income of c40k and not to have missed any recent payments .
Wow... you really go the extra mile searching out a mortgage ..you must have some red hot contacts who can make things happen
No wonder you are on every thread on here all day spouting your p ish
mortgages for pimps,drug dealers and prostitutes are hard to come by, but good luck,bring your reciepts, bank accounts etc with you
Chisel - thanks for the offer but I wont be contacting, I was just after some general info. I probably do have some late/missed payments from fairly recently if I am honest and our joint income is comfortably over 35-40k.
JML 15 Feb 10:05
Soccergees---Check this guy out before e-mailing him.
He's a proven lier.
On The Contrary 15 Feb 10:39
Hardly a specialist service that is it Chisel?
You will need an income of c40k and not to have missed any recent payments .
Wow... you really go the extra mile searching out a mortgage ..you must have some red hot contacts who can make things happen
No wonder you are on every thread on here all day spouting your p ish
A proven LIAR?? very amusing. "Check this guy out?" .. All I do is give an opinion and am able through my job to find a suitable mortgage for people. Never had a complainty , and have hundreds of people happy to recommend our services. By all means check me out, I have nothing to hide. Un a small mortgage broking business, dont charge a fee, live with wife and two lovely children by the sea. Have some good friends and family and like a game of golf. Hardly a CV lifestyle to be ashamed of is it?
Regards the specialist service. Fact is that there are no lenders apart from a coupl ethat consider people with adverse credit. Why would someone have advers credit if they have £160000 to put down?? If I were a lender I would want to know how with decent income and decent savings someone could have poor credit??
Bottom line is that with that kind of deposit /savings they poster shoud pay off any debt he has. Live sens
ibly for a year and then ask about a mortgage. What sort of MAGIC do you expect someone to work the way things are at the moment. The only lender that considers large defaults, mortgage arrears is Cheshire Mortgage Corp , and they charge 11% plus!!
Soccergees---Check this guy out before e-mailing him.
He's a proven lier.
On The Contrary 15 Feb 10:39
Hardly a specialist service that is it Chisel?
You will need an income of c40k and not to have missed any recent payments .
Wow... you really go the extra mile searching out a mortgage ..you must have some red hot contacts who can make things happen
No wonder you are on every thread on here all day spouting your p ish
A proven LIAR?? very amusing. "Check this guy out?" .. All I do is give an opinion and am able through my job to find a suitable mortgage for people. Never had a complainty , and have hundreds of people happy to recommend our services. By all means check me out, I have nothing to hide. Un a small mortgage broking business, dont charge a fee, live with wife and two lovely children by the sea. Have some good friends and family and like a game of golf. Hardly a CV lifestyle to be ashamed of is it?
Regards the specialist service. Fact is that there are no lenders apart from a coupl ethat consider people with adverse credit. Why would someone have advers credit if they have £160000 to put down?? If I were a lender I would want to know how with decent income and decent savings someone could have poor credit??
Bottom line is that with that kind of deposit /savings they poster shoud pay off any debt he has. Live sens
ibly for a year and then ask about a mortgage. What sort of MAGIC do you expect someone to work the way things are at the moment. The only lender that considers large defaults, mortgage arrears is Cheshire Mortgage Corp , and they charge 11% plus!!
he has 235k to put down ...hardly going to be defaultee is he.......should be getting invites.
tip top 14 Feb 19:40
house prices are finished in the uk for 20 years at least.In my opinion the rises in house prices has caused more misery than enough for people in the uk.Young people are blocked out of the market as prices are too high.People paid too much for houses in the las tten years (not there fault most of the time.).
Even lady thatcher when she started the homeownership programme for everyone could not of see how horribly wrong this could of gone.
House prices need to come down to 3 times average salarys and stay there for twaenty years.People who paid excessive amounts for there houses should of been compensated by this screwed up system
luckily my house ias about paid for worth about 150000 wouldnt pay more than 90000 in the real world its just a safehome were myself and my family live, as an asset about as much use as a chocolate fire guard
biggest load of bo llo cks i have read in my life.
house prices are finished in the uk for 20 years at least.In my opinion the rises in house prices has caused more misery than enough for people in the uk.Young people are blocked out of the market as prices are too high.People paid too much for houses in the las tten years (not there fault most of the time.).
Even lady thatcher when she started the homeownership programme for everyone could not of see how horribly wrong this could of gone.
House prices need to come down to 3 times average salarys and stay there for twaenty years.People who paid excessive amounts for there houses should of been compensated by this screwed up system
luckily my house ias about paid for worth about 150000 wouldnt pay more than 90000 in the real world its just a safehome were myself and my family live, as an asset about as much use as a chocolate fire guard
biggest load of bo llo cks i have read in my life.
ImSoLuckyLucky! 14 Feb 18:58
Are you been SERIOUS?
Expect house prices to CRASH over the next 10 years!!!
Keep well away from a depreciating ASSETS
:)
The stupidest comment I have ever seen on the BF forums.
Are you been SERIOUS?
Expect house prices to CRASH over the next 10 years!!!
Keep well away from a depreciating ASSETS
:)
The stupidest comment I have ever seen on the BF forums.
Crediter
Why if he has £235k would he a) Have loans, credit card balances, and b) have missed payments on them?
The point is that banks do not want people to have any adverse credit at all!. People that are lazy with their finances are getting hit really hard. There is NO excuse to EVER miss a payment on a loan/credit card/mortgage , except of course if you have lost your job , had income fall. If you are in that boat all you need to do is speak with the lender
Why if he has £235k would he a) Have loans, credit card balances, and b) have missed payments on them?
The point is that banks do not want people to have any adverse credit at all!. People that are lazy with their finances are getting hit really hard. There is NO excuse to EVER miss a payment on a loan/credit card/mortgage , except of course if you have lost your job , had income fall. If you are in that boat all you need to do is speak with the lender
he dosent say what loans or cards he owes on ...just missed payments...ive missed payments and caught up later.......im sure many even yourself has........dont beleive in credit checks ...either; nosy bar stewards far as im concerned......common sense prevails..........SOPHIEB AGREE 100%
he dosent say what loans or cards he owes on ...just missed payments...ive missed payments and caught up later.......im sure many even yourself has........dont beleive in credit checks ...either; nosy bar stewards far as im concerned......common sense prevails..........SOPHIEB AGREE 100%
Just to finish this off, I have indeed recieved a mortgage offer albeit after a little bit of hassle 
Thanks all for your input.
Thanks all for your input.
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