First time buyer - bad credit

[Buggsbird21]

Hi. I am moving soon and would love to buy a property. My credit history is not good so what are my chances of getting a mortgage and how do I find out how much I could get and what repayments would be? Thanks for your time x

[lilyfrog]

Firstly do you have a deposit, you are much more likely to get someone to lend to you if you have a deposit to put in your self.

You want to get a morgtage advisor, there are loads around and I think all will give advice for free. www.guild-of-mortgage-advisors.co.uk

They will find out your needs, reccomend the best kind of mortgagae and tell you all about what you will pay to whom etc etc

good luck

[Loosehead]

You're not going to get a mortage with "not good" credit rating except with the loan sharking lenders who are very expensive.

[purple]

I too am a first time buyer, I checked out my own credit history on www.experian.co.uk you have to pay about �5, and it turned out I had a "fair" credit rating. Mortgage companies take alot of things into account, not just your credit rating, and I had no trouble getting a decent mortgage.

Good luck!