We don't credit check
We don't need personal details for a basic check
This mortgage eligibility checker does not provide mortgage advice
This can come from a relative or family member as a gift. However, you may be eligible for some special schemes that will help assist you with a deposit such as Help to Buy.
It is likely that you will need at least a 15-30% deposit to obtain a mortgage (depending on when the IVA/Bankruptcy was discharged).
This would be the case even if they are satisfied (paid off) or unsatisfied (not paid off).
Recent defaults within the last 2 years are going to potentially cause issues and it is likely that you will need at least a 15% deposit to get a mortgage (or 15% equity in your home for a remortgage).
Even one missed/late payment within the last 2 years could potentially cause a decline with the top lenders, however, other mainstream lenders could look at this. You may also need at least a 15% deposit to get a mortgage (or 15% equity in your home for a remortgage).
With Debt Management plans in place it is likely that you will need at least a 15% deposit to get a mortgage (or 15% equity in your home for a remortgage).
Specialist mortgage lenders can consider Payday loans, but not if the Payday loans have been a recent means of supporting your current lifestyle (i.e showing regularly on your credit report over the last 6-12 months).
We need to take a closer look though.
We also recommend getting a copy of your credit report.
CheckMyFile are the only UK company to provide your credit report from the four leading agencies (Experian, Equifax, CallCredit and Crediva).
The next step to finalise your eligibility check is to get your credit report.
We recommend visiting CheckMyFile for your full credit report.
They provide your credit report from Experian, Equifax, CallCredit and Crediva all-in-one.