my girlfriend and I are looking to buy our first house, we are saving monthly around £1200 since the new year, however I have 4 defaults on my credit file, the newest one being 12 months old next month and the oldest being in 2017. They are all satisfied within the last year.
Are you seeing any lenders considering adverse credit applications for first time buyers looking to buy with 95% LTV since the government announcement, for a property in the region of around £140,000-£150,000. We have a combined income of £62,000 before tax. Thankyou in advance!
Unfortunately we are not currently seeing any specialist lenders taking advantage of the Government's announcement directly. You are going to be much more likely to research and consider Shared Ownership/Equity schemes and the Help to buy new build schemes, where you may have options now.