Ask the Specialist

Capital Fortune are asked to help clients on a daily basis, whether it be with a new purchase, remortgage, buy to let or something more unusual. We typically help clients with non-standard, unusual or complex situations and have created this section to allow you to ask our team of specialists any question you may have. Feel free to browse the list of questions and responses. Please note we provide information only in response to the questions posed and not advice. If you do seek advice then feel free to speak to one of our Advisers by calling 0207 710 0400 or send us an enquiry online and one of our Advisers will call you back.

95% Mortgage With Default

on 23 January 2016.

Hi I am looking at getting a 95% mortgage and I have a default from nearly 3 years ago which is settled for £565, do you think it would be possible to get a mortgage? The property I have seen is £165000.


Ask the Specialist response:

Thanks for your enquiry.

Typically we assist clients looking to purchase a property at 95% having had a blemish on their credit report in the past. Often lenders tell us that if a default is over three years old or is settled, one's mortgage application will be seen more favourably.

If you wish to obtain an indication on whether we are able to assist you, given your specific circumstances, I'd recommend speaking to one of our Advisers on 02077100400 or send us an enquiry online and one of our Advisers will call you back.

Capital Fortune