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Re: Wiggle's UE Diary
Your CCJ will be there till 2017 as you correctly state.
In the very recent past it would have killed a mortgage application stone dead so I believe.
But now you see companies starting to tout for business for people with bad files. But these wont be your mainstream banks nor will they be the best rates. And sadly some of the horror stories on here come from companies like these who were doing the same service before the crash.
As to if you can get it settled. The bank has security so it doesnt need to offer anything off if it dont want to. So it is in a stronger bargaining position than if say you were trying to negotiate on an account that had paperwork issues or one you hadnt paid in years.
As to if a CCJ is settled/satisfied makes much difference I dont know. If you had even a sniff of bad credit of which this is the worst it was a killer for a mortgage. But 2015 is 2 years away and who knows what the banks will be throwing money at then.
Your CCJ will be there till 2017 as you correctly state.
In the very recent past it would have killed a mortgage application stone dead so I believe.
But now you see companies starting to tout for business for people with bad files. But these wont be your mainstream banks nor will they be the best rates. And sadly some of the horror stories on here come from companies like these who were doing the same service before the crash.
As to if you can get it settled. The bank has security so it doesnt need to offer anything off if it dont want to. So it is in a stronger bargaining position than if say you were trying to negotiate on an account that had paperwork issues or one you hadnt paid in years.
As to if a CCJ is settled/satisfied makes much difference I dont know. If you had even a sniff of bad credit of which this is the worst it was a killer for a mortgage. But 2015 is 2 years away and who knows what the banks will be throwing money at then.
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