Bankrupt Mortgage

If you are a discharged bankrupt and been looking for a mortgage you may have encountered some difficulty in finding someone to lend you the money. We can help, we have access to all the lenders that lend money for a mortgage to ex bankrupts.

Lenders who are willing to lend in this market are commonly known as 'sub-prime' and the market for these mortgages has grown considerably in the past few years, led primarily by American financial institutions. However, borrowers have to pay a price for these mortgages, with interest rates that are potentially higher than those set by mainstream lenders.

Borrowers should be aware that if they make all their payments on sub-prime mortgages in full and on time, within a few years a sound repayment history will be created and they may be able re-mortgage to a lender offering lower interest rates on their mortgages.

We are mortgage brokers that specialise in the bankrupt mortgage market. Our advisers are very experienced in this area and so can recommend the mortgage most suited for you based on your credit background.

Previously, people with bad credit normally had to pay much higher interest rates than mainstream mortgages. Today, things are a lot different. Approximately, one in four mortgages in the UK is a 'sub-prime' mortgage. We offer full advice and recommendation so you can be sure that we will find you a competitive mortgage that suits your current circumstances. We will deal with your application quickly and we search all the lenders to find a competitive mortgage and interest rate for your individual circumstances. For a fast, free mortgage quote, fill in the form below and see what we can do for you!