Hello,

I am new to this forum so please forgive me if I am posting int he wrong area.

I was wondering if anyone would be able to offer me any advice. My Boyfriend and I are hoping to apply for a mortgage in the next few months, we are first time buyers. He has a fantastic credit rating but unfortunatley mine is not so great (545!), this is due to a default that had been placed on my file in February 2007 (Nationwide credit card). I understand that this will stay on my file for 6 years. I have since then kept my finances in check, I currently have an overdraft with my bank (NatWest) and 2 credit cards which I ensure all payments are made on time (I am hoping to be able to clear these before applying for the mortgage).

Do you think that this will stop me getting a mortgage entirely. I realise that there is a very strong chance that we will have to pay over and above any going rate due to this but I am really worried I am going to be penalised for one silly mistake that was made nearly 3 years ago.

Any advice would be gratfully received.

Many thanks

Kelly

Personally (not professionally) speaking, I don't think it'll be a major issue - our mortgage is joint owned equally, but my partner has almost no credit rating whatsoever.