Mortgage for people in debt

[davincicode]

I am a student nurse with an offer of employment from October 2006 worth �19,000 pa. My wife is already qualified and earns �22,000 pa. We are immigrants with indefinite leave to remain in the UK (permanent residence).

We would like to obtain a mortgage but we have debts of around �25,000 between us. My credit has had recent defaults and arrears and I've done some arrangements.

I have been in a irregular job for the past few years earning under �8,000 pa.

Is it possible to obtain a mortgage that would clear off our debts as well? We really need to start afresh but cannot see ourselves paying off our debts any sooner from now.

David

[Oneeyedvic]

Whilst there are some companies offer loans of over 100% of the value of a property (Northern Rock from memory) these are only available to people with clean credit ratings.

Unfortunately, if you have some recent adverse credit, you will struggle to find a mortgage without a deposit of at least 5%

I have assumed that you have no deposit to put down.