Been awhile for me since my br in 2007 (and early discharge) and have to say have kept taking it a day at a time...
But I'm now 5 years past my br and looking to take out a mortgage. I have sorted all my credit ref reports out.. even Crapquest finally (after 4 years) succumbed to correcting the data entry they had on me (they bought a debt after my br)!
I am looking at a LTV of 55% - 70% for a mortgage of a standard 3 bed property. Problem is I'm struggling to find a 'reputable' mortgage company that won't try to screw me or bump the interest rate to 1980's record highs!! (That's just my perception anyway but I doubt I'm too far off the mark).
The company's I've looked at (but not contacted) so far are Norton Finance (which scares me alot from reading previous nightmares about them online), CML & AdverseCreditMortgage.
Previously I had a mortgage with Chelsea and closed the mortgage several years before my br due to a split. So will also try them as a alternate 'main-stream' lender.
I have contacted so far a broker who says he can help but am awaiting the 'numbers'!? I know I will definitely be paying a higher percentage but where do I draw the line (in line with the current BOE rates)? 8% 9% 10%??
Would I be better of waiting till 2013 when the br falls off my credit file? But as with us all, I would like to get things back on track...
Any and all advice welcome.
Titanic (slowly resurfacing)