Discharged Bankrupts / IVAs
Some lenders will not entertain discharged bankrupts however we have available lenders
who subject to the loan to value (normally 80%) will provide mortgage facilities for
individuals who have been bankrupted and discharged for only one day.
They are also
willing to assist in the same way for people who have entered into Individual Voluntary
Arrangements were these arrangements have been conducted satisfactorily.
There will be a fee for mortgage advice, however we do not charge up front fees. The precise amount will depend upon your circumstances but the maximum will be 1% of the loan amount, this fee will be payable on completion.
The overall cost for
comparison is 7.7% APR. The actual rate available will
depend upon your circumstances. Ask for a personalised
illustration.
Your home may be repossessed if
you do not keep up repayments on your mortgage.