It is quite obvious that you would be spending a lot on credit cards for friends when you have just come out of the college and have newly joined a job. The weekend parties would be quite natural and would have even resulted in lot of debts. However, you are blessed to have parents who could gift you the house after having seen you in the worst financial situation. They would have realized that you could take lot of time to buy a new house and hence they have put everything they have with them to buy a new house for you.
If you think you have done all sorts of nonsense things and hence want to settle the amount back to them without selling the house they have gifted you, then it is time for you to approach the experts for preston mortgage advice. They definitely would support you to take the loan but would not be able to truly sanction you the loan if you do not have enough of deposit. While some banks would not even sanction the mortgage loan if you have a bad credit score, some would be ready to sanction you the mortgage loan if you could manage providing them the deposit amount they ask for.
If all of your savings could count up to the deposit amount that is demanded by them, then you could do the deposit and get the loan amount and give it back to your parents. When you do so you would at least start taking life seriously and would reduce your expenses and would start thinking and planning for the future. Once you become responsible it is obvious that parents would push you to take more and more responsibilities like getting married and having kids. So, think when you want to take the responsibilities and take the mortgage loans to buy the house.