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 i havent got the money to go br		  New Topic  Reply to Topic
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JulianDonnelly
Junior Member



United Kingdom
325 Posts
Posted - 22 October 2008 :  15:07:04  Show Profile  Visit JulianDonnelly's Homepage  Reply with Quote
Hi Confused,

Absolutely not. BR only stays on your credit file for 6 years.

Julian Donnelly
Spokesperson for www.Bankruptcyhelp.org.uk
Don't forget the helpline on 0800 078 9367
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Confused
Starting Member



44 Posts
Posted - 22 October 2008 :  15:09:03  Show Profile  Reply with Quote
So after the 6 years i could apply for a "normal" mortgage - which would not be one of the very high interest rate ones?
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JulianDonnelly
Junior Member



United Kingdom
325 Posts
Posted - 22 October 2008 :  15:10:40  Show Profile  Visit JulianDonnelly's Homepage  Reply with Quote
Hi Confused,

3 years after discharge, you should be able to go for a mainstream mortgage at a sensible rate.

Julian Donnelly
Spokesperson for www.Bankruptcyhelp.org.uk
Don't forget the helpline on 0800 078 9367
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Confused
Starting Member



44 Posts
Posted - 22 October 2008 :  15:11:33  Show Profile  Reply with Quote
Thanks Julian :-)
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Jo.
New Member



76 Posts
Posted - 22 October 2008 :  15:37:57  Show Profile  Reply with Quote
Hey thats good news Julian, at least as BR's there is light at the end of the tunnel and you wont always be penialised for taking the BR route.

3 Years is not that long.

Jo

www.Bankruptcyhelp.org.uk
0800 078 9367
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