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New Mortgage for Ex Bankrupt

Options
Brandnewstart79
Brandnewstart79 Posts: 171 Forumite
in Mortgages & endowments
Evening all,

We're looking to move closer to my wife's family as we're expecting our second child and want more of a support network around us as i work away.

I declared bankrupt Aug 15 and subsequently discharged Aug 16.

We have around 35K as a deposit and the houses we're looking at are around the 140-150K mark. My earnings are 37K PA with zero outgoings on debts, etc.

Does anyone know of any Mortgage companies that would touch me as i have not been discharged for 3 years or more?

If anyone knows of someone could they tell me so i can approach them?

Thank you for your time.

Comments

  • ACG
    ACG Posts: 24,608 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    2 years discharged there are a couple of lenders via brokers only.
    You would need a minimum 20% deposit but you have over that. With your deposit, you would be looking at a rate of around 5% for 2 years. After that, there could potentially be a few high street lenders available.

    Best to find a broker with experience in adverse.
    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.
  • Brandnewstart79
    Brandnewstart79 Posts: 171 Forumite
    Hi ACG,

    Do you recommend anyone please?
  • ACG
    ACG Posts: 24,608 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    Im afraid im not allowed to recommend anyone as it is against the forum rules.
    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.
  • csgohan4
    csgohan4 Posts: 10,600 Forumite
    Ninth Anniversary 10,000 Posts Name Dropper Photogenic
    No harm in PMing some of the mortgage brokers on here, that's where I got mine from
    "It is prudent when shopping for something important, not to limit yourself to Pound land/Estate Agents"

    G_M/ Bowlhead99 RIP
  • Brandnewstart79
    Brandnewstart79 Posts: 171 Forumite
    Would any Mortgage Brokera please PM me so I can discuss my options please?

    I can’t seem to find anyone sorry

    Thanks
  • TrickyDicky101
    TrickyDicky101 Posts: 3,530 Forumite
    Part of the Furniture 1,000 Posts
    Brandnewstart79 wrote: »
    Would any Mortgage Brokera please PM me so I can discuss my options please?

    I can’t seem to find anyone sorry

    Thanks

    They probably aren't allowed to approach you directly on this board due to forum rules.

    You have already had one broker address your questions on this thread :)

    Otherwise are there any friends or relatives you can ask for broker recommendations? You do need one with decent adverse experience.
This discussion has been closed.
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