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Is it possible to get a mortgage after voluntary repossession

I am going around in circles with this question, does anyone have any advice. Are there any lenders who will give a mortgage after a voluntary repossession.

Comments

  • It all depends on your circumstances and credit now and also how long ago the voluntary repossession was. It also helps in how big a deposit you are able to get together.
    But the short answer is that yes it is possible and depending on the above, there are lender that will consider this for you although you need to be looking at the "whole of the market" and not just at high street lenders to give you the best perspective on who will lend.
    If you are happy to give further details on here I will try and point you in the right direction of who to approach otherwise I would say find a good (whole of market) mortgage adviser and tell them everything and see what your options are.
    I am a Mortgage Adviser.
    You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
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