Hi leilai22.

In your other post you said your partner has not been discharged from their trust deed.

If that's the case I think he'll find it tough to get a mortgage (including a joint mortgage).

For the future (when that is resolved) you may wish to try to save up more of a deposit if possible.

Mortgages are tough to get for everyone at the moment, and especially so with credit blemishes and/or a relatively modest deposit (after other buying costs are factored in).

Thanks for your advice, I wish i could be more optimistic but this baby is due in 17 weeks, I need a bigger house whether we get a mortgage or not, if we rented together then all the bills would be higher meaning i wouldn't be able to save a penny. I am saving £200 a month just on my own. Not sure if it depends on areas but nobody around here has even suggested saving more than 11k for a deposit on 75k house. Mortgage adviser thought this was a great amount and just advised waiting until this sept to apply for a mortgage again as no credit files show whether or not OH has been discharged from Trust Deed or not. I take it mortgage companies can find out then?

Hi leilai22.

Mortgage companies may ask about trust deeds or other types of personal insolvency in their application forms. There are also some public records. Certain mortgage lending banks may have their own records if your partner had them as a creditor at the time he entered into a trust deed.

My point about the deposit was a very broad one; just that the bigger the deposit you have the better the chances. I do realise that it must have been a big effort to save up and sum of that size and that's a really good start.

Will some of that £11000 get taken up with other purchasing costs rather than it all being used for the deposit?

Hi leilai22,

My TD finished in Sept 2009 and I was discharged in Feb 2010, my trustee did not look into claiming PPI. I cleaned up my file myself by ensuring that all my default dates were the date I signed my TD and also that all accounts were marked as 'settled' once I got my discharge letter.

On a good note, sept 2011 I applied for a joint mortgage with my current account provider, my TD and defaults were still on my credit report and we had a 25% deposit. We got accepted, although the application went to the underwriters and we waited 5 days to find out. All went smoothly.

Before applying for mortagage in 2010 I bought a new car on finance, again my application was sent to the underwriters and I waited 24 hours to be approved (worth noting at this time I was unable to get a loan for a used car!).

In May this year I got a personal loan from my current provider also, this was for home improvements, I had to wait a few days for acceptance for this also.

Right after discharge I got a credit card and a catalogue to help rebuild my credit rating. I already had a contract mobile before TD which I kept on. Since signing my TD I have a perfect credit record.

Good luck

Hi TDA

The 11k is just for deposit, I have other funds set aside for legal fees and immediate work, kitchen appliances etc.

Due to OH not knowing about credit reports and viewing online, he didn't know until he let me sign him up to Experian that the defaults were still bouncing up every month. The bank that was a crditor have been great and taken off everything asked of them, the other 5 were store cards and all go back Max Recovery or now Evershed, they refuse to do anything with the credit records until they get the discharge notice. So currently his file looks as though he is still defaulting on the store cards every month.

None of us are experts on credit files or credit reports leilai22.

However my feeling is that this situation is probably going to continue until discharge from the trust deed comes.

Sorry not to be very positive.

Not to worry, the positive side is that I will have a bigger deposit saved! lol