First off sorry this should probably be in money or property but posted here for traffic
I was hoping to get some advice on how much a bad credit score/ ccj / debt management plans affect mortgage quotes and a persons ability to get a mortgage?
So as not to drip feed - I'd be saving with a partner (currently not financially tied) my credit score is currently excellent, with no missed / late payments or any financial issues of any kind. I am signed up to both of the big credit score agencies in the UK to get my monthly statement to ensure I keep my score in the excellent range. My partner does not have a good score, currently has a couple of debt management plans and some ccjs (settled) that were accumulated after the break up of his previous relationship over 4 years ago and signing over of his previous house. He is the much higher earner out of us.
My first thought is we probably wouldn't be looking to actually apply for a mortgage for another couple of years so hopefully the ccjs will no longer be on the record, however the debt management plans will be. When I mention it he always says "well I used to have a house so I've been offered a mortgage before" although this was quite a while ago before he accumulated the bad credit rating.
My other thought would be to just apply as me but that would be on my lower salary.
Sorry for rambling! I just wanted to give an overview of our current situation. So could anyone let me know own how badly this could affect a mortgage application?
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User145382677 · 13/01/2017 13:11
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