I wonder what my chances of a mortgage are? Any advise or contacts?

Flipsideracing

Hello all, new to the forum for posting but reading lots of previous threads.

In 2012 myself and my wife decided bankruptcy was our only option, partly due to buying a flat in 2008 on a 110% mortgage with northern rock and consolidating our debts into this. Then the "bubble" burst. With issues of a listed building and building maintenance payments spiralling.

We where released a year later and now after nearly 4 years we feel brave enough to try again. Since 2013 we have saved 19k, got normal phone contracts, got finance on a car and also set up a successful business. We can comfortably afford upto a £1000 a month on a potential mortgage. My income is 50k plus a year and the wife's 20k plus.

Any advise or contacts for a decent independent mortgage advisor?

ACG

With 3 years discharged there are a handful of lenders at most. Most want there to be 6 years discharged.
Yesterday I had some clients get an Agreement in principle at normal rates after 3 days of to and fro with the underwriters, they have been discharged for 4 years and have a 25% deposit.

Realistically, I think you are going to need a minimum 15% deposit, if you have 25% I would say there are a couple of lenders who would look to do it at normal rates.

You really do need a broker with experience I think to have a decent chance of getting this through.