Bad & adverse credit & specialist mortgage forum

Please consider registering
Guest

Forum→Mortgages→What options are available

What options are available

RSS

walt46

11 Posts

(Offline)

13/01/2021 - 12:16 pm

Hi,

Dro is now 4 years discharged and husbands credit has 2 CCJ’s and a few defaults over 3 years old.

I’m on maternity leave and my husband has just started a new perm job so would we need to wait until I’m back in work full time, and my husband in his role for 3 months first?

i know it’s a guide, but in the current climate, what rates deposit would we be looking at?

Thanks

David@SimplyAdverse

111 Posts

(Offline)

13/01/2021 - 12:17 pm

Hi, thanks for getting in contact.

This will vary depending on which lender is available to you however the key thing is establishing when you're returning to work and on what terms and that your Husband isn't on probation in his new role.

It will of course come down to the finer details however I'd allow for a 20% deposit and rates in the region of 4% - 8%.

Forum Timezone: Europe/London

All RSSShow Stats

Administrators:
admin
Paul Carmen
SabinaC

Moderators:
Adam@SimplyAdverse
Sarah@SimplyAdverse
David@SimplyAdverse
Liam@SimplyLending
Hayley@simplyadverse

Read Our Latest Reviews

4.95 Average - Based on 3387 Reviews

Eleanor L.

I came to Simply Lending having had issues with getting a mortgage from standard lenders and other poor credit brokers. Shelagh and Jackie worked so hard to find a mortgage that worked for me. They kept me updated all the way through the application process helping me to manage my anxiety. Even though the process could longer than we'd anticipated, they were both fabulous in pushing it forward. End result is a mortgage offer which I couldn't be more pleased with. Highly recommend!
read moreread less

23/08/2024

Thomas C.

After being told by another broker that I would be unable to secure a mortgage, Simply secured me a mortgage without any problems with a standard lender. 9am call after completing an enquiry the night before. Louise, Paige, and Jamie were available and supportive throughout the process. Thank you so much. I couldn't recommend them any more!
read moreread less

12/08/2024

Brenda C.

Kept excellent communication with is and very smooth process - would recommend
read moreread less

09/08/2024
Alb C.

Two first time buyers who are dealing with the mistakes of being young and stupid. Simply Adverse were great, Both Jackie & Adrian got us a DIP and an offer at good rates for our circumstances. The entire process took about 4 weeks and simply were tremendous and understanding.
read moreread less

24/07/2024

London b.

Just received our mortgage offer - huge thanks to Louise B and Nathan for their exceptional service. Not straight forward employment history but they were so kind, helpful and informative. Thank you so much, would highly recommend
read moreread less

12/07/2024

David M.

Trusting a company you choose from a Google search can be a bit of a gamble, however finding Simply Lending is one of my life's big wins! Navigating through the daunting task of applying for a mortgage with an imperfect credit rating, and being self employed certainly added to the challenge. I contacted simply lending by using an online form on their website. The next day I was called by Alex who made me feel at ease and explained all about Simply lending, the process and the fees. The fact that you don't pay a penny until a formal offer is received meant the risk was zero. The whole team gathered all of my information, and correlated it (which I imagine wasn't easy). Jackie then checked everything an submitted my application to a high street bank with a very competitive rate. Four working days later I received a formal offer. Absolutely zero stress and always felt I was dealing with professionals who knew their game from all angles. So basically I just gave them the information they needed and they took charge of everything else whilst updating me on the progress. I am so delighted with you all for all the work you have done, this is a life changer, I can't thank you all enough and will always recommend your services. Amazing.!!
read moreread less

31/05/2024
Tuan P.

Thank you so much,I highly recommend everyone much try Simply Lending.
read moreread less

30/05/2024

Stuart T.

Really good working with Lilly addock and Ria Daniel’s. Always kept us up to date
read moreread less

29/05/2024

Russell G.

Jackie,Adrian,and Abby are absolutely fantastic.I have a bad Credit rating and had been fobbed off by various brokers who promised everything and delivered nothing.Jackie and Abbey simply got on with the process and secured me a Remortgage Loan with minimum Fuss and Hassle,and all with a smile and a can do attitude.Highly recommended.First Class Service from Start to Finish
read moreread less

24/05/2024
Trude C.

I initially took out a bridging loan with a different lender which was for 18 months. This was for a barn conversion and unfortunately along the way we had several unexpected problems. When the loan became payable I could not envisage making the payment due on time so 2 months before I approached my original lender to extend which was not possible although they offered me an alternative but I couldnt understand the payment method so I decided to shop around for something simpler. I went on line and was immediately contacted by Geoff Mossman of Simply Lending. I explained my predicament and my time scale of 2 months to pay off my 1st lender and to sort out a further loan. From day one I felt confident and in safe hands with Geoff. He came up with an offer almost immediately and phoned me at every stage of the paperwork which he made so simple for me to understand. I finished up re mortgaging my home with a very reputable building society and I have put it up for sale and the barn is nearly complete so we can move in soon. When I needed to speak to Geoff he always answered the phone and would phone back straight away which today is a big plus. He always promised me we would meet the deadline for the first repayment we did easily stress free journey. I got a much better deal than the 1st lender win win. Thank you to an honest professional company, my advice is if you find yourself in a similar position as mine do not bury your head in the sand there a good people out there that will give you genuine advice thanks Geoff, Regards Trude
read moreread less

20/05/2024

Mark B.

We were lucky enough to find Geoff from Simply in November. We had a complex transaction on multiple properties to complete that kept throwing up issue after issue. We were at the stage on several occasions where another broker would have thrown the towel in. Luckily for us, it wasn’t the case with Simply. Above and beyond at every stage. First class communication at every single step of the way. No extra or hidden fees for the additional work that could never have reasonably been seen in advance. Any time we are looking for a broker, there’s only one place we will call. Thankyou Geoff and everyone at Simply for your efforts in getting these purchases across the line! We are grateful for everything you did to make it happen!
read moreread less

13/05/2024

Lynn M.

Fantastic service , Zoe and Alex were amazing so patient and understanding, I would highly recommend to anyone, nothing was a bother to them and got the job down, really appreciate you looking after me. Thanks again
read moreread less

23/04/2024
Ian C.

Adrian and Kerry were fantastic at securing a mortgage for us given a challenging set of circumstances, both were friendly and on hand to answer questions and concerns at every stage of the application process through to offer. Unfortunately due to an improved situation we were able to secure a better offer elsewhere so didn't proceed, however, despite this it doesn't detract from the excellent work Simply do for people with challenging and difficult circumstances. I would highly recommend, especially if you think you can't get a mortgage!
read moreread less

23/04/2024

Andrew L.

I can't speak highly enough about this company. Extremely professional, top interpersonal skills from their employees. I need to mention Michael who worked tirelessly to get me the best deal and get me the amount I needed to purchase the property we really wanted. Jackie was our Case Manager and was so good. The communication throughout the process was excellent.
read moreread less

15/04/2024

Say O.

As a first-time homebuyer, navigating the labyrinth of mortgage options was daunting. Thankfully, I stumbled upon Shelagh, Louise and Paige and my journey towards homeownership transformed into a smooth and seamless experience.
read moreread less

11/04/2024
Parveen

Exceptional service. Regular updates. Very professional and polite. We were successful with only them!
read moreread less

10/04/2024

Hasan M.

Thanks to simply team. Special thanks to Zoe and Mathew . Our case was difficult but the way they handle it was outstanding. Customer service was superb. .
read moreread less

10/04/2024

Blue M.

Absolutely brilliant from start to end. I worked with Caroline and Jackie who were both knowledgeable and responsive.
read moreread less

10/04/2024
Claire L.

Truly efficient service provided by Simply Lending from start to finish with our remortgage process. Highly recommend. I wouldn’t use anyone else now. Communication has been great, we have been kept updated every step of the process.
read moreread less

25/03/2024

Deborah S.

Thank you to Simon and Kerry for sorting our mortgage, really impressed.
read moreread less

23/03/2024

Anonymous

Fantastic service all round!
read moreread less

22/03/2024
Ramil S.

All the staff ive dealt with were fantastic. They help us until completion.
read moreread less

20/03/2024

Stephanie M.

We couldn’t be more happy with the service we have received from Simply Adverse, especially Jamie and Tia! They went above and beyond for us, communication was brilliant and we were kept up to date every step of the way. Would highly recommend!
read moreread less

19/03/2024

Megan R.

Caroline and Pedro have been a dream. They’ve helped me and my partner, who are first time buyers, through the whole process and managed to secure us a mortgage for our dream house. They have been super patient with us with our many questions and collating of documents ready for applications. Super friendly and welcoming. We never felt like we couldn’t come to them. Louise our Case Manager has also always been on hand for additional support, ensuring that we are up to date and guiding us through our paperwork. We are very grateful for everyone’s help and support, and hope that Caroline and Pedro get to take the family to Japan some day! Thanks all 😊
read moreread less

18/03/2024

Read Our Latest Reviews

What You Will Pay For Our Services And When – Mortgage Advice

Legal Information