Hello
I have a bad ICB record and I'm in negative equity on my apartment which is now totally unsuitable for my needs. The bad ICB record arose as a result of me losing my job and having credit card balances written off. I also have a personal loan with circa €15k outstanding although I've never missed a payment on this. I'm lucky in that things have turned around for me and I'm hoping to purchase a house at some stage. My question is at what point would a bank talk to me about getting a mortgage? My wife and I earn circa €180k p.a. between us plus I have share options and bonuses on top of that and we're saving like demons at the moment. But do my credit card sins and negative equity make me a pariah?
Many thanks.
I have a bad ICB record and I'm in negative equity on my apartment which is now totally unsuitable for my needs. The bad ICB record arose as a result of me losing my job and having credit card balances written off. I also have a personal loan with circa €15k outstanding although I've never missed a payment on this. I'm lucky in that things have turned around for me and I'm hoping to purchase a house at some stage. My question is at what point would a bank talk to me about getting a mortgage? My wife and I earn circa €180k p.a. between us plus I have share options and bonuses on top of that and we're saving like demons at the moment. But do my credit card sins and negative equity make me a pariah?
Many thanks.