Getting a mortgage troubles

[Zarah123]

Hi all,

DH and I have been looking to buy our first home in a way out west London suburb. We have been house hunting for over a year.

Whilst my credit score is 5/5, DH's is quite bad because he has a default due to non-payment of a British Gas bill and 3 late mortgage payments made 1 year ago on his now sold house.

Because of this, the banks won't lend to us. We have £80k deposit and the property we want is £465k. Our combined salary is £85k per annum.

Do you know if a mortgage broker could help us? Can you recommend any?

I can't see a light out of this house buying tunnel and we are in our mid-thirties.


Many thanks

[Timeforacatnap]

Sorry to contradict Bear, but this was my experience and our case was not straight forward to say the least, Town and Country wouldn't look at my case due to a number of factors, but the inhouse mortgage advisor of a national chain has managed to get us a full mortgage offer, just waiting on exchange and completion dates. Offer is not with an adverse lender, but high street lender, so my advise is not dubious just detailing an genuine experience and opinion.

[Bearbehind]

I did say that OP doesn't need an in house broker who is only used to straight forward cases.

there are good ones out there, as you found, but often they haven't had the experience required to know how to deal with complex cases.

Lenders are so different in what the will and will not accept which is where a broker with lots of experience becomes invaluable as they know what is likely to be accepted where.