Question


First N...

i have bad credit but want to bye my council house?

Hi all i have been living in my council house for 10 years now and im wanting to bye it with a good discount i can have my house for £23000, i have £10000 deposit. When i was younger i failed to keep up my payments on a few things so before i apply for a mortgage i decided to check my credit report with experian and noticed i have a ccj just over 5 years old i noticed on the credit report that it gets removed after 6 years does any one no if this is true also will i still be able to get a mortgage thanks in advance xxxxx

3 weeks ago - 3 answers

Best Answer

Chosen by Asker

The mortgage is secured upon the property so many lenders will consider your request. However the problem may be that you wish to borrow only 13K Most mortgage companies will only consider loans of 20K minimum. Maybe the local council will have some info on suitable lenders - Look for an independant financial advisers or approach your bank They will look at any credit report but also consider how you have maintained your account.

by bennachie1

3 weeks ago

Asker's Rating: 

Other Answers

Home loans are given to wide range of people and with wide range of credit score. If you can secure some thing you can easily get this loan. If you are not securing any property you need to get this loan with bad credit lenders. There are lot of bad credit lenders who are ready to give you home loans. Apply online and get the loans done. Below website will help you in getting a mortgage loan. www.loan-guides.net/home-loan

by Dani- 3 weeks ago

credit-report-free.totalh.com - try this service to boost you credit score before getting loan. After credit repair you can get the loan with minimal interest rate.

by Clay- 3 weeks ago