It is possible to get a mortgage after bankruptcy. Solution Mortgages have access to a range of specialist lenders willing to offer mortgage loans to those who have been declared bankrupt in the past.
Made under the Insolvency Act 1986, bankruptcy is an order against an individual debtor (not a limited company) which signifies that he/she is unable to pay his/her debts. As a result of bankruptcy, bankrupts cannot trade or act as a company director.
Solution Mortgages help you if you are a discharged bankrupt to get a mortgage as one of the first steps in rebuilding your credit history and restoring your life.
We use a range of specialist lenders who will consider applications from people who have been discharged bankrupt. Similarly, we can help those who are looking to discharge their bankruptcy at the point of completion of the new mortgage.
We advise and recommend the most appropriate product depending on your current credit profile and needs.
To find out how we can help, complete the online form – or call us on 0800 035 6443 to speak to one of our experienced staff.