Default Stop Me Getting A Mortgage

Posted on 3 November 2016 by wayne

Hello just wondering if I would be able to get a mortgage with a default from just over 5 years ago. I have a joint income of £44000 my credit rating is fair and my partners good we would have a 10 percent deposit on a 90000 house thanks.

Hi Wayne,

Based on the brief details, then yes it is possible. However lenders credit scoring at 90% LTV is much stricter than at lower levels, so the amount of the default, whether it is satisfied, and what were the circumstances around it being registered, will be taken into consideration.

To work out your LTV, you can use our LTV calculator

If you'd like to talk in more detail about your enquiry, then let me know and I'll get one of our consultants to speak to you.

Answers provided in response to Ask the experts are based on the information provided and do not constitute advice under the Financial Services & Markets Act. They reflect the personal views of the authors and do not necessarily represent the views, positions, strategies or opinions of John Charcol. All comments are made in good faith, and John Charcol will not accept liability for them.

We recommend you seek professional advice with regard to any of these topics where appropriate.


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