mortgage fell through this morning...

[Tortington]

ccjs from over 5.5 years ago. in a previous address. i'm devestated. just dont know what to do.

Custy try www.davidforeman.co.uk we used them when I was ill and they sorted everything they were brilliant.Really really sorry you are going through this.Have you had a look at your credit file to see what it is?You can see what things are and correct them if necessary Let me know how you get on xx

babe, no suggestions just lots of sympathy xx

Hi my broker I just used could not be more helpful I too have had many, many let me down in the past but this one has really stayed the distance with me and I have a crapper than crap credit file, email me at [email protected] , if it can be done he will do it for you, and he has placed me with a good product. Its been a long struggle for me so I sympathise.

i phoned charcol as recomended by puddle further down.

they are ringing me back monday - i phoned quite late today.

yes have my credit rating from quifax. its quite good actuially!

Dh on the other hand ( lord help me i have had frequent ally macbeal moments where i have throttled him, shot him then poisoned him then hit him with big cartoon stylee hammer over the last week) he has a $K debt from 2002

the lady on phone said it will be still there for 11 years.

11 god damn fucking bastard wank toss fuck fuck fuck fuck years.
eleven
eleven
arrrrrrrrggghhh

i said i thought 6 on credit score - she said no - they search back 11.
eleven!!

eleven!!

i wont be able to get a mortgage til 2013 i will be 45!

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ori, what kind of interest rate d'ya think it will be?

our original guy was attaced to an etate agents which are part of a national chain and said he would have to go off board and that it will probably be 7.59

quite frankly i would rather doss about on the disposable income we have at the mo than pay that.

6.5 is about my limit - and then only for three years.

the other quite important quetion i have if you dont mind is this:

the CCJ was 2002 - if it stays on file for 11 years then even after the 3 year at a higher rate there will be no repaor in the credit history. is that right?

No advice Custardo - just hope you get a break soon

tA CHUCK

custy have you see this guide on monersavingexpert.com?

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6.44% ?????? You must be mad !!!

Sit and watch all the idiots who bought BTL's shit themselves when the interest rates go up, i know so many fools who have empty properties they can't let out but are hoping for capital gains, as soon as the rates go up those house will be back on the market, that will flood the market, supply goes up, the price goes down, the thing to be doing now is saving your deposit not rushing in.

Good luck. There will be a mortgage out there for you somewhere. It is just finding it. I'd receommend getting an IFA put to come and chat with you.

i can;t save 7.5 grand hideehi it would take me years. i may tend to agree with you when speaking about other parts of the country. i wouldnt have the confidence in buying in manchester for instance that i do in buying just outside brighton where i live.

at worse, here by the sea in lovely sussex between the cities of brighton and portsmouth on a commuter route to london i would bet my eldest childs kidney that the prices will stay the same. At worst.

this is anything but rushed. it is seriously considered. we would not be stretching ourselves or leaving any possibility of making our family homeless.

The only thing to seriously consider is the lack of disposable income.
lack of social life
and whether my marriage can take the stress of this whole business.

if i leave it until this time next year. at best i wont be able to afford what i can afford now - a house - barely. at worst i wont be able to afford anything becuase everything has risen by 10%

i can deal with 6.5 for 2 or maybe 3 years. gbild up equity of around - at worse 10% giving me 15K

theres my deposit.

I agree with you custy I haver bought and sold 7 properties in Brighton adn 10% is way below what you can make if you are careful and choose somewhere that you can add value to.Then you can remortgage with a high st lender.I would try David Foreman though because he got us a mortgage and i was ill and dp was at home looking after me so we had no wage slips etc just a biggish deposit and a letter saying dp was planning to return to work.I really hope you get this sorted as ecery year it does get more expensive here xxx

Final word i promise, everyone thinks it won't happen in their area, everyone from Manchester to London to Brighton. The biggest drops were in London, last time.
Are you 110% sure you won't have any drops in income or changes in circumstances. I don't want to read a post from you in 12 months time that you're losing the house that's all, my intentions are from the heart.

david foreman is on holiday

charcol told me to piss off ! well as good as

in complete and utter desperation i googled

came up with a broker called money quest

called this morning
took details
same guy phoned this evening
went through finances - he ran the financial checks and knew everything!!?

said First national bank would offer us a mortgaqge for 6.69

fixed 3 years

we can then pay off CCJ

get better deal then.

Hi , don't despair wait till Monday as in email I think he will be able to do something. I was also fobbed off by Charcol's did'nt think much of them.

Well, what are you going to do? Am glad you found someone btw.

Can you afford the rate for 3 years? If you can and are going to live in this house for a long time, I would have thought that it could be ok for you. The interest rate may have risen from 5% by then anyway and you may end up paying that rate after the 3 years, which you will be used to by then.

Oh Custy I am a so sorry mate, thought I'd see you last week at Mab's. I have been so busy not had chance to come on here for a few weeks.
Have you had any luck yet?
Best advice I can give is to go to the
www.moneysavingexpert.com
Martin Lewis's site, he has so much info on there and there are listed lender'a for people with credit history probs etc, its free advice and very good.
We use that site for everything financial and as you know we have just got a new mortgage etc as we are moving ourselves.
Even if you have lost that house there will be more, everything happens for a reason.

my credit rating is ok.

so am thinking of getting quotes for the abbey 5 times your salary thing - see what comes back - i can get mortgage for a flat. presumer better mortgage rate.

lower repayments - yet smaller place - eek.

havent got that higher lending charge bullshit money grabbing motherfuckers

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Orinco - what would you suggest if in three years time when the rate runs out somebody is in negative equity, would you be able to remortgage if the property was worth less ? Or woul you be forced to stay with the same lender and accept their variable rate whatever that is at the time ?

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Unfortunately no crystal balls here either but i do feel that if the high street banks won't lend at a time when the high street banks are falling over themselves to lend then the universe is trying to tell you something.
The best things come to those who wait.