Discharged Bankruptcy Mortgages

Traditionally, high street lenders have been wary about offering discharged bankruptcy mortgages but these days, they are more flexible about taking on someone who is a discharged bankrupt, and it should not prevent you from acquiring a new mortgage.

It is important to remember that lending to discharged bankrupts is higher risk and as a result the lenders may have stricter criteria in order to protect themselves, which can generally result in higher interest rates for the borrower or a decreased Loan-to-Value or in some cases, both. The good news is that by getting a discharged bankruptcy mortgage, it signifies that you are on you way back towards a healthy credit history.

In order to be granted discharged bankruptcy mortgages you will need to:

Be prepared for high interest rates
Be discharged for at least one year

To get discharged bankruptcy mortgages quotes, fill in our online form and an experienced advisor will be in contact to guide you through the process.

Initial Rate	Type	Period To	Provider	The Overall Cost For Comparison APR	LTV
6.49%	Adverse		Manchester Building Society	6.80%	80%	More
6.99%	Adverse	Sep 2011	Coventry	7.30%	65%	More
7.29%	Adverse	Jul 2009	First National Bank	7.29%	60%	More
7.39%	Adverse	Jul 2009	First National Bank	7.39%	75%	More
7.44%	Adverse	Jul 2009	First National Bank	7.44%	60%	More
7.49%	Adverse	Jul 2009	First National Bank	7.49%	60%	More
7.50%	Adverse		Accord Mortgages	7.50%	65%	More