Bankruptcy mortgage 17 July 2021 at 5:05PM in Bankruptcy & living with it 2 replies 425 views

joooooooooj1

Hello all,

Bankruptcy occurred October 2018
discharge in sep 2020.

looking for a mortgage … which lenders ? Any advice 

I am looking to wait until 2022 until 2 years discharge if needed. I have a 25% deposit 

Cheers

sourcrates

You need to find a good broker that deals with adverse credit applications, most people get approved eventually.

Jane078

Hi just wanted to share my experience with you having just been approved a mortgage after my trust deed (scottish iva) 
Trust deed was registered in 2015
Complete and discharged feb 2020
Applied for cc and used for small amounts. Always paid off in full 
Td fell off credit report Feb this year and credit score has been going up since. My experian report is 999.

I went to a mortgage broker who specilised in adverse credit. We just haf our mortgage approved last week for our dream home. I do have a 20% deposit from sale of property. So bigger the deposit the better. 
We have a very competitive rate from a building society.

Good luck with everything and hope this gives you some hope