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NewBuy mortgages
DaisyDuke
Posts: 42 Forumite
Can anyone offer advice to a discharged Bankrupt.
Bankrupty late 2009 and discharged six months later in 2010.
If we had the 5% deposit and the mortgage would be smaller than our rent would anyone look at us to buy under this new Government scheme?
Any opinions would be greatly received.
Thank you
Bankrupty late 2009 and discharged six months later in 2010.
If we had the 5% deposit and the mortgage would be smaller than our rent would anyone look at us to buy under this new Government scheme?
Any opinions would be greatly received.
Thank you
0
Comments
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A small number of lenders tend to get involved with these Gov't schemes, and they will be mainstream lenders wanting good credit history.
My guess is you'll unfortunately need a lot more deposit, at least 15%. Have you considered doing mortgage in parents name?0
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