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Porting mortgage with current lender with repo

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Hello,
Currently on a fixed term joint mortgage with Barclays - my husband had a sole mortgage on a property that was repossessed in Jan 2020 as detailed on credit report. We are looking to move property and have found a mortgage broker that has been able to get us a mortgage with a specialised lender. My question is, would Barclays look at our mortgage and allow us to port and get additional lending based on the above circumstances? We have not missed a payment on Barclays mortgage for the entire lending period which is 7 years.
Thank you! 

Comments

  • amnblog
    amnblog Posts: 12,717 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 19 August 2024 at 7:55AM
    You can ask them, but I believe Barclays will not accept previously repossessed applicants.
    I am a Mortgage Broker

    You should note that this site doesn't check my status as a Mortgage Broker, 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.
  • If you’re looking at a specialised lender for the new property, you wouldn’t be able to port from Barclays to a new lender on the new property, unless I’ve misunderstood what your question 
  • MWT
    MWT Posts: 10,152 Forumite
    10,000 Posts Fifth Anniversary Name Dropper
    summerb64 said:
    If you’re looking at a specialised lender for the new property, you wouldn’t be able to port from Barclays to a new lender on the new property, unless I’ve misunderstood what your question 
    I read it as an alternative to the specialised lender, but as amnblog mentioned, unlikely, but can always ask to be sure.
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