poorcreditmortgages

Obtaining a mortgage after being bankrupt can be difficult, sometimes feeling impossible with most high street lenders unwilling to consider an application if you have been bankrupt within the last 6 years.  At Plus Financial solutions we have lenders that will consider the application after as little as 1 year after the discharge date.

WHAT IS BANKRUPTCY?

Bankruptcy is a legal status of a person or other entity that cannot repay debts to creditors. In most jurisdictions, bankruptcy is imposed by a court order, often initiated by the debtor.

WHEN CAN I APPLY FOR A MORTGAGE AFTER BEING BANKRUPT?

Discharged over 1 year ago:

Up to 50% of the property value

Discharged over 2 years ago:

up to 70% of the property value

Discharged over 3 years ago:

Up to 75% of the property value

Discharged over 4 years ago:

Up to  85% of the property value

Get in touch today to see how we can help

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