Award-Winning Bad Credit Specialist · FCA No. 301173
Mortgage After Bankruptcy UK Fresh Start New Home
Bankruptcy does not have to mean the end of homeownership. Darryl Dhoffer has helped ex-bankrupts get mortgages and explains exactly what is possible and when.
43 Google Reviews
Award-Winning
90+ Lenders
FCA No. 301173
01234 237321
Mortgages After Bankruptcy — The Real Possibility
Bankruptcy is one of the most severe forms of adverse credit but it is not the permanent barrier to homeownership that many people believe. Specialist lenders will consider mortgage applications from discharged bankrupts sometimes within 12-24 months of discharge.
The key factors are how long since discharge what your credit file shows since discharge your income stability and the deposit available. Darryl Dhoffer regularly arranges mortgages for ex-bankrupts.
Darryl Dhoffer — The Mortgage Geezer
20+ years in mortgages. Award-winning specialist. Featured in the Daily Express, FT Adviser and The Intermediary. I have helped hundreds of people across the UK who were told no by their bank — and I work with 90+ lenders including specialist adverse credit lenders you will not find on comparison sites.
When you contact me, you speak to me directly. No call centres. No being passed around. I personally review every case and respond within 2 hours.
CeMAPCeRERFCA 301173AWARD WINNINGINDEPENDENTWHOLE OF MARKET
Frequently Asked Questions
Can I get a mortgage after bankruptcy? ›
Yes and often sooner than people expect. Bankruptcy is discharged after 12 months in most cases and specialist lenders will consider mortgage applications from discharged bankrupts. Darryl Dhoffer has helped clients get mortgages within 12-24 months of discharge with the right deposit and income. The bankruptcy stays on your credit file for 6 years from the order date.
How long after bankruptcy can I get a mortgage? ›
You must be discharged from bankruptcy first which typically happens automatically after 12 months. After discharge some specialist lenders will consider applications immediately with a sufficient deposit usually 25%+. More lenders become available after 2-3 years. After 6 years the bankruptcy drops off your credit file and mainstream options open up.
How much deposit do I need after bankruptcy? ›
Most specialist lenders require a minimum of 25% deposit within 3 years of discharge. After 3 years some lenders will consider 15-20%. The larger the deposit the more lenders will consider you and the better the rate available. Darryl will tell you exactly what deposit is needed for your specific post-bankruptcy timeline.
What can I do to improve my mortgage chances after bankruptcy? ›
Key steps after discharge include rebuilding your credit with a credit-builder card used responsibly registering on the electoral roll maintaining stable employment keeping all bills paid on time and saving as large a deposit as possible. After 2-3 years your options expand significantly.
Will a bankruptcy affect my partner ability to get a mortgage? ›
Your partner individual credit file is not affected by your bankruptcy. Only the bankrupt person file is impacted. However in a joint mortgage application your bankruptcy history will still be assessed alongside your partner clean credit. Darryl will assess the best approach for joint applicants where one has bankruptcy history.
Get Your Free Assessment Today
No credit search. No obligation. Darryl personally reviews every enquiry and responds within 2 hours.
01234 237321
darryl@themortgagegeezer.co.uk
FCA No. 301173
43 Five-Star Reviews
The Mortgage Geezer is a trading style of Access Financial Services Limited, authorised and regulated by the FCA No. 301173. Your home may be repossessed if you do not keep up repayments on a mortgage.
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