can we get a mortgage even if we have bad credit history?

S

stickywicket36

New member
i want to maybe buy my council house or alternatively apply for a first time buyers mortgage for a new property but i'm not sure what to do. when i was younger i screwed my credit rating up by getting too many cards and falling into arrears, i'm currently on a debt management plan which is gradually reducing the debt but this will take a long time. i have 2 ccj's that are satisfied but i desperately want to move house.
my earnings aren't too bad and i have a partner and two children unfortunately he has also been silly in the past and was made bankrupt 4 yrs ago. we've settled on the fact that we just have to get on with it but it would be nice to know if there is light at the end of the tunnel
sorry for rambling on.....
any advice will be gratefully received - thanks
 
Unless you have a HUGE down payment, loans are no longer given to people who do not have a proven record of responsibility. Your bankruptcy alone will pretty much kill your chances of getting approved for the next 3 years. In addition, the fact that you are using a debt consolidation service is a HUGE indicator that you cannot afford the debt you ALREADY have. Why would a bank give you MORE debt that you cannot afford?? Once your situation is cleaned up, THEN worry about a mortgage. You Need to get YOU back on track first.
 
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