Where next?

On_the_up_2

After reading through lots of posts on here I still find myself unsure of what to next in my quest to buy my RTB house. Info about my circs;

Discharged bankrupt (2005, not showing on Experian, i have the report)
currently have car finance £4000 (santander), no other credit, basic acct with Nationwide (18 months ago was refused flex current acct with them)
in a secure job with current employer for 3.5 yrs
been in house for over 6 years
salary 25,000
House value approx 85k
discount from RTB scheme of 24k
No dependents
single, no financial ties.

Who will offer me a mortgage? Or any recommendations for a broker?

Many thanks for reading.

dimbo61

do you have any deposit or savings ?
Could you ask friends if they know about a "whole of market broker " they could recommend
Would your bank Natiowide be able to help you
Good Luck

GMS

When was the bankruptcy order?

Any other credit problems such as missed payments, CCJ's or defaults?
Any missed rental payments?

A broker would be your best place to start with this.

On_the_up_2

No other missed payments or defaults. Car finance all clear/paid to date, one settled current acct that 'settled' in 2009, with no defaults.
Been on electoral role as long as I've lived in the house.
Bankrupt in 2003.
The 24k 'discount' would be my deposit, mortgage of 61k required.

Unfortunately none of my friends will recommend the brokers that they have used (all local to me), because they've not been impressed with their service.

I have spoken with a broker who has said that I have a 'good' cedit score, and would apply to nationwide/woolwich for mainstream deals, but I was not convinced that he was going to be totally honest regarding my previous bankruptcy (having read elsewhere that bankrupts will not be considered by Nationwide). Also he was pushing me to apply straightaway without sending any other info; his fee would be payable immediately on gaining the AIP (not that I have a problem with paying a fee, just that I don't want to pay fee, have an AIP but then fall at the last hurdle when the bankruptcy register is searched!).

Thanks for your replies so far.

GMS

Bankruptcy will not appear on credit searches now as it is over 6 years old. You will still need to declare it with the 'Have you ever been bankrupt' question.

Some lenders will decline if ever been bankrupt, others will leave it to credit score.

It is worth a chat with a broker. Paying a fee upfront is a choice for you to make. I do not charge fees upfront, only ever on completion (if at all) but others will charge upfront. Business decision either way.

Is the property of standard construction, i.e brick walls and tiled/slate roof?

On_the_up_2

GMS; standard property, bricks and mortar (not pre-fab).

GMS

Worth looking into the options. A broker could do the legwork for you

On_the_up_2

Thanks GMS, advice much appreciated.