We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 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!
mortgages while in insolvency
Options
hamishette
Posts: 2 Newbie
I have heard that you can still get a mortgage while in insolvency the flat were are in at the moment is causinf serious health issues with my family and we can not get another property from housing assocations or our local council and the only other option we have is to buy. does any one know who can provide mortgages.
0
Comments
-
hamishette wrote: »I have heard that you can still get a mortgage while in insolvency the flat were are in at the moment is causinf serious health issues with my family and we can not get another property from housing assocations or our local council and the only other option we have is to buy. does any one know who can provide mortgages.
If by insolvency you mean an IVA then yes there are mortgages available. If you mean in bankruptcy currently then no.
As things stand if you are in a current IVA then depending on how long it has been running you can potentially get a mortgage with a minimum of a 10% deposit.
Speak to a good whole of market broker who has experience with adverse/sub prime/credit repair lenders.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 350.8K Banking & Borrowing
- 253K Reduce Debt & Boost Income
- 453.5K Spending & Discounts
- 243.8K Work, Benefits & Business
- 598.6K Mortgages, Homes & Bills
- 176.8K Life & Family
- 257K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards