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1 Default but settled can i get a mortgage


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Hi,

I have 1 default on my file which was settled about 15 months ago! what are the chances of me getting a shared ownership mortgage for about £43750 with 5% deposit. My other half she has got a very good credit rating mine is just below average..... anyone any ideas????

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Hi There,

I stupidly defaulted on a payday loan about 18 months ago, but i settled this debt about 15 months ago it was for about £260 the debt is showing up on my credit report as settled. I am looking to buy a shared ownership property with my partner (who has a good credit score). The mortgage i am after is for £43,750 with a 5% deposit.

My question is would i be able to get a mainstream mortgage with this on my file? (my credit score is just below average) any help????

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