How Long After Bankruptcy Can I Get a Mortgage?
There is no mandatory minimum period to wait after bankruptcy before applying for a mortgage. However the timing matters enormously — your options at 1 year post-discharge are very different from 3 or 6 years.
🏦 What Lenders Look At
- Bankruptcy must be discharged
- Time since discharge — 1, 3 and 6 year points are key thresholds
- Completely clean credit since discharge
- Deposit size — larger deposits compensate for more recent bankruptcy
- Stable income and employment since discharge
❓ Common Questions
Can I get a mortgage 1 year after bankruptcy?
It is possible but options are very limited. Very few specialist lenders will consider an application within 12 months of discharge and those that do require a large deposit 25%+ and charge significantly higher rates.
Is 6 years after bankruptcy a fresh start?
In practical terms yes. Once the bankruptcy drops off your credit file mainstream lenders will not see it and you can apply as a standard applicant.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP YOUR REPAYMENTS ON YOUR MORTGAGE OR ANY OTHER LOAN SECURED AGAINST IT.
This page is for general information only and does not constitute regulated financial advice. The Mortgage Geezer is a trading style of Access Financial Services Ltd who are authorised and regulated by the Financial Conduct Authority. The Financial Services Register number is 301173. Registered in England No. 04427489. Registered office address Access Financial Services Ltd, Unit 1 Furtho Court, Towcester Road, Old Stratford, Milton Keynes, MK19 6AN.