We’re after a £300k-£350k house down in SE.
Joint mortgage with wife, I’m on 32k +16%bonus and have additional income (self employed consultant) of around £8k. (Also company car, so lower expenses in calculation)
wife is a teacher on ca £28k. Both stable employment same place many years.
I have some defaults to total £10k (all being challenged at FOS, half should be upheld and adverse info removed, remaining half paid off).
all defaults are 18 months old now.
wife has 2 defaults totalling around £1.2k that will be satisfied imminently and one CCJ from Oct 2019 paid within 3 months (I wasn’t aware that if I paid it full within 28 days it would disappear- I would have done if I knew)
what are the chances of decent apr mortgage with LTV 95% if we were to look now? Would it be worth to wait 6 months until the cases are decided by FOS and defaults paid off?