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pinkgems1000

Bad Credit Mortgage

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Hello,

 

I am hoping to move out from my parents soon as I would like my own space.

 

I do not have very good credit I believe my credit score is about 430.

 

I have 6 defaults on my file dating 2010.

 

Originally I was think about renting but a couple of friends at work tell me I would be better off buying.

 

Can someone tell what is the likely chances of me getting a mortgage?

 

Can anyone recommend any mortgage companies?

 

How much will I need in savings.

 

I have been looking at studios as it will be only me and they range £110-£120k

 

Thanks

 

PK

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