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.

Recent County Court Judgements and Defaults

on 18 October 2016.


I have 4 recent CCJs on my credit report and defaults so cannot apply for a mortgage myself at least for the next 3 years (apparently). I was wondering whether there are any other options available to me? My Mum is willing to lend me a 20% deposit and be a guarantor if possible, she owns her home (no mortgage) Other options would be equity from her house or possibly buying her house from her but then because I cannot get a mortgage would she be able to remortgage and me take the debt over? So many questions! Thanks, Stephanie

Ask the Specialist response:

Hi Stephanie, 

Thanks for your enquiry to us, there are a lot of questions which need to be covered here!

Capital Fortune have assisted clients in the past with a 20% deposit potentially available, however, it will be down to the size of the CCJ's and defaults registered in your credit report. 

As long as there have been no arrears or challenges within the last 3 months, Capital Fortune may be able to assist were you to have up to 5 defaults within the last 24 months, 3 CCJs in the last 24 months, Missed mortgage/secured loan arrears up to a status 3 in the last 3 years and no specific criteria on unsecured loan arrears.

A guarantor is often required if there is a shortfall in someone's earned income rather than if someone has had adverse credit in the past. This is because both applicants are jointly and severally liable for the debt.

It may be worth having a conversation in greater detail, going through your credit report specifically to determine how we may be able to assist you. 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