Hi All,
My DH and I are looking to but our first home after working abroad for two years and saving up a substantial deposit.
I am just wondering about the ease of getting a mortgage as I have an old CCJ registered to my name. The CCJ came as a result of an unpaid parking ticket issued in 2003 that was for 50 pounds(sorry, don't have a pound sign on my computer!) The reason that the ticket was unpaid was because I was at university at the time and my parents moved house. My car was registered to my parents old address and unbeknown to me, the ticket went to my parent's house where it sat unpaid. I know I should have registered my car to my parent's new address but it is not the sort of thing that was a priority to me when I was 20!
The reason that I found out about this CCJ was when my DH and I first thought of buying a house in 2007 it was, of course, flagged up in the credit check which caused much hysteria on my part and resulted in the mortgage intially being refused. Anyway, I 'satisfied' the CCJ and in the end DH and I were awarded a mortgage by the same company who had previously refused us. As it turns out we decided not to buy a house at that point as we were planning our wedding and knew we wanted to move abroad.
Fast forward to now and we are moving back to England to buy a house and this CCJ has started to niggle at me. From the research I have done it seems that a CCJ is removed from your credit record after six years but I just wondered if anyone has had any experience of successfully obtaining a mortgage after a CCJ?
Thanks in advance