I’ve previously been bankrupt, can I get a mortgage?
We are often approached by people who ask whether they can get a mortgage after being declared bankrupt. Now, the truth is that it is more difficult achieve mortgage application success with a poor credit rating, but it most certainly isn’t impossible.
There are specialist brokers out there that have the knowledge and expertise needed to make sure that a) your application is up to scratch and b) that you get access to a range of exclusive mortgage rates and offers that you won’t find on the high street.
Exclusive Niche Mortgage Deals
You shouldn’t despair if you’ve been turned down for a mortgage by every high street lender, because there’s a reason why you’ll have likely been unsuccessful when applying via traditional channels. Mortgage rates and deals from the major lenders are typically geared to the mainstream market, so it’s not surprising that you’ve found it tough to get an offer if you have been recently discharged from bankruptcy.
A specialist or niche mortgage broker will know where to find the best deals with the best rates for people in your position, so if any of the following applies to you, we can put you in touch with someone who can help:
- You’ve been discharged from bankruptcy for over 12 months & have between 5-15% deposit
- You’ve had a home repossessed in the past
- You’re looking for a buy to let mortgage after being discharged from bankruptcy
- You want to remortgage after bankruptcy discharge