I really need advice on applying for a mortgage post bankruptcy. I was declared bankrupt on April 2015 . I was discharged from bankruptcy July 2016
(the bankruptcy came about due to buying a 1 bed property that after the crash was pretty much worthless. My circumstances changed drastically at that time (job in a location hours away/ having a child/becoming a single parent) and I was advised that I should file for bankruptcy which I did.
I am now in a situation where I have been renting a house for the past 3 years. I have a secure permanent job (which I did not have at the time of the bankruptcy) and a small amount of savings. If I could secure a mortgage from a bank I have a family member who will help me with the shortfall of what I can borrow + my savings and the price of a house.
I have been to two mortgage brokers. One was slightly more positive than the other about me getting a mortgage but neither had any experience in dealing with a post bankruptcy client. Feeling pretty hopeless at the moment as without a mortgage I have no hope of ever owning a house of my own again.
I was wondering if there are people out there who have been given mortgages post bankruptcy and what advice they would give?
(the bankruptcy came about due to buying a 1 bed property that after the crash was pretty much worthless. My circumstances changed drastically at that time (job in a location hours away/ having a child/becoming a single parent) and I was advised that I should file for bankruptcy which I did.
I am now in a situation where I have been renting a house for the past 3 years. I have a secure permanent job (which I did not have at the time of the bankruptcy) and a small amount of savings. If I could secure a mortgage from a bank I have a family member who will help me with the shortfall of what I can borrow + my savings and the price of a house.
I have been to two mortgage brokers. One was slightly more positive than the other about me getting a mortgage but neither had any experience in dealing with a post bankruptcy client. Feeling pretty hopeless at the moment as without a mortgage I have no hope of ever owning a house of my own again.
I was wondering if there are people out there who have been given mortgages post bankruptcy and what advice they would give?