As an Independent Mortgage Brokers, specialising in the more demanding area of the Mortgage Market, we have access to lenders that have a “can do” approach to lending. We also understand the bankruptcy and insolvency proceedings including IVA and Fast Track Voluntary Arrangements (FTVA). We can advise with some knowledge on Discharged bankrupt mortgages or mortgages for discharged bankrupts.
Many of the high street lenders use computers that assess your application against statistical data- with no discretion. You either “ fit the box” or you don’t! The discharged bankrupt, does not fit a box, and the application would normally fail at the first hurdle.
Specialist lenders have a very different approach. They employ real people to assess an application for lending, real people who look for reasons to lend, rather than reasons not to lend, real people with discretion to consider each application of individual basis. |
