We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

investing after discharged?

Sorry if this is a repost

I am a discharged bankrupt with no debt apart from my £250 Vanquis card. I am wanting to invest in a property within the next year. Does anyone know what companies would entertain someone who is
  • discharged bankrupt,
  • got a small deposit,
  • wants buy to let

I bank with the co-op and was curious to ask them OR the teaching building society.

any ideas would be appreciated.
BR - Dec 08
Discharged - Dec 09

Never sit down at cry against the wall, always try to climb it!

Comments

  • Ineedaname
    Ineedaname Posts: 3,681 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    edited 9 October 2011 at 4:12PM
    As you have been discharged some years and the BR no longer showing on your credit reports you will probably be able to find a mortgage to suit you. However, I think most applications do ask if you have 'ever' been BR and you will need to answer 'yes' to that question.

    Probably the best route to go down would be a reputable independant financial advisor who will have access to a wider range of products.
    When I joined, I needed a name. The forum members gave one to me...I am INAN :D
    "Fortunes ebb and flow and a boat must move with the tide and be thankful that it floats." Judith Allnatt
  • dojoman
    dojoman Posts: 12,027 Forumite
    :pB&SC No. 298
    Life`s Tragedy is that we get OLD too soon
    and WISE too late!
  • adiyaya
    adiyaya Posts: 20 Forumite
    Thanks for all the answers. I'm thinking for next year or the year after. So I would have been discharged quite a few years. Will look into it
    BR - Dec 08
    Discharged - Dec 09

    Never sit down at cry against the wall, always try to climb it!
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.1K Banking & Borrowing
  • 253.6K Reduce Debt & Boost Income
  • 454.2K Spending & Discounts
  • 245.2K Work, Benefits & Business
  • 600.8K Mortgages, Homes & Bills
  • 177.5K Life & Family
  • 259K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.