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Mortgage application & bankruptcy outside UK
![[Deleted User]](https://us-noi.v-cdn.net/6031891/uploads/defaultavatar/nFA7H6UNOO0N5.jpg)
[Deleted User]
Posts: 0 Newbie
Hello,
we are planning to buy a house in UK. I have lived in UK for 7 years and my partner is English. We both have very good credit scores and no debts. Nevertheless I have cca £3000 in debts in my home country (EU) and I am thinking applying for bankruptcy there. Would my mortgage application get affected by it?
Thank you.
we are planning to buy a house in UK. I have lived in UK for 7 years and my partner is English. We both have very good credit scores and no debts. Nevertheless I have cca £3000 in debts in my home country (EU) and I am thinking applying for bankruptcy there. Would my mortgage application get affected by it?
Thank you.
0
Comments
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Unless you lie you will be asked to state you don't have bankruptcy.0
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Thank you for your response. Do you think it's worth the fuss to apply for the bankruptcy? Or shall I just leave it as it it and slowly repay it. Would they check my financial situation from my country as well as here?mortgagetakingages said:Unless you lie you will be asked to state you don't have bankruptcy.0 -
I think that you should be 100% honest and therefore mortgage company will know. I recommend though getting a mortgage advisor who knows exactly how the system works and will operate in your best interest.1
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