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Mortgage 8 years after DRO
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About to apply for a mortgage - do I have to disclose that I had a DRO (8 years since end of moratorium) even if it has been removed from the register and my file?
I'm fortunate enough to have a deposit that takes me over 50% and my credit rating is now very good. For most lenders would this outweigh the past DRO?
I'm fortunate enough to have a deposit that takes me over 50% and my credit rating is now very good. For most lenders would this outweigh the past DRO?
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Comments
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It depends what question the provider asks. Some ask have you ever been bankrupt or been insolvent? Other ask if your are bankrupt or insolvent.
If you've have not made a mistake, you've made nothing0 -
Go through a broker as they will know which lenders to avoid and which won't care0
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