Chances of getting a mortgage

oneandonlyboy

Hi,

Would like to see what people think my chances are of getting a mortgage.
I've just finished my year in bankruptcy and now looking to buy with my girlfriend.

She hasn't had a problem with her credit history, but i have lol
We have a huge deposit to put down from family(100k+)and looking to get a mortgage of about 85K.

Wondering with how the market has been cutting back over the last couple of months what our chance would be. Or if anyone knows of any companies/banks etc that might be a good place to start from.

Any insight would be grateful.

allan673

oneandonlyboy wrote: »

Hi,

Would like to see what people think my chances are of getting a mortgage.
I've just finished my year in bankruptcy and now looking to buy with my girlfriend.

She hasn't had a problem with her credit history, but i have lol
We have a huge deposit to put down from family(100k+)and looking to get a mortgage of about 85K.

Wondering with how the market has been cutting back over the last couple of months what our chance would be. Or if anyone knows of any companies/banks etc that might be a good place to start from.

Any insight would be grateful.

hi, you will get a mortgage 100% - in my opinion.
a friend was in a similar position, he was made bankrupt too. and around a year later he decided to buy a house.
some lenders wouldnt entertain him but he saw a broker who arranged a fixed rate mortgage for him - at a slightly higher interest rate than the high street.
think the best thing to do is see a reputable fee free broker - you could try a reputable estate agents and use there broker etc for free advice and service - thats what i did for my last re-mortgage.

i am sure someone with more experience than me will be here to advise you better soon
good luck !

carolt

Why did you become bankrupt? This isn't pure nosiness - you do seem to have a tendency to misjudge the market. See:

http://news.bbc.co.uk/1/hi/business/7336010.stm

House prices 'see sharp decline'


If you wait a year or two, you'll be able to buy outright with your money.....

mountainchrisriver

jeff2029... You are a spammer... reported... :rolleyes:

mpsavuk

Carolt or oneandonlyboy?

oneandonlyboy

My reason for going bankrupt was going from a higher paid job to a lower paid one when the company went bust.
The money has come from my girlfriend and family helping out.