after BR - mortgage likelihood ?

3 posts Page 1 of 1
 
 

andymac

User avatar
Posts: 130
Joined: Mon Sep 10, 2007 4:45 pm
Location:

Post by andymac » Tue Dec 18, 2007 4:40 pm
following discharge from BR (I am not there yet...) I understand that there are a select few lenders who will consider you?

Is it a case of, the longer you leave it, the better? the higher the deposit the better and basically, do they look at affordability just as in normal cases, but simply load the APR?

thanks
 
 

Adam Davies

User avatar
Posts: 14596
Joined: Thu Mar 29, 2007 12:21 pm
Location:

Post by Adam Davies » Tue Dec 18, 2007 5:01 pm
Hi
The larger the deposit the better and they will still look at affordability.
One of our mortgage experts will be able to give you further info
Regards

Andy Davie
IVA.co.uk Spokesperson and Website Manager

About me:
http://www.iva.co.uk/andy_davie_profile.asp

IVA Helpline: 0800 197 4838
http://www.iva.co.uk/iva_helpline.asp
Andam Davies
 
 

mikebdomain

User avatar
Posts: 1126
Joined: Thu Aug 23, 2007 10:03 am
Location: United Kingdom

Post by mikebdomain » Tue Dec 18, 2007 5:14 pm
You are pretty spot on andymac, adverse mortgage products are a bit all over the place (still) at the moment, but once you are a discharged bankrupt there are still quite a few options available.

FREE ADVICE IS THE BEST ADVICE

LEYBRIDGE LIMITED
Whole of Market Mortgage Broker & Mortgage packager

Specialising in adverse credit.

Directly Authorised Firm FSA No:313790

CeMAP 1,2 & 3 qualified
F.P.C 1,2 & 3 qualified
Financial Planning Certificate
Certificate in Regulated Customer Care
Certificate in Regulated General Insurance
Associate of the Charted Insurance Institute

see feedback and testimonials at:
http://www.leybridge.com/testimonial.php
Check out my blog at:
http://mikebdomain.blogs.iva.co.uk/
Please read our Initial Disclosure Document(IDD):
http://www.leybridge.com/Leybridge-IDD.pdf
LEYBRIDGE LIMITED
Mortgage Broker & Mortgage packager

Directly Authorised Firm FSA No:313790
CeMAP 1,2 & 3 qualified
F.P.C 1,2 & 3 qualified
Financial Planning Certificate
Certificate in Regulated Customer Care
3 posts Page 1 of 1
Return to “new postings for December”