Hi I was declared personally bankrupt in September 2006 and was discharged 10 months later. I managed to hold on to my house and have always kept up the repayments and have never missed a payment. I am currently with natwest and have a house worth about £100k and a £65k mortgage.
I am looking to move house with my wife who is also named on the mortgage and she has no adverse credit.
I am looking to purchase a house for about £120k and transfer my current equity to it therefore i am looking to borrow an extra £20k approximately.
When i phoned natwest i asked them about doing this but i was concious of not applying for the mortgage in case it affects my credit score further. The girl in tha call centre gave me the usual speech about contacting credit reference agencys and checking my file before i apply etc etc.
I know my credit file will not be ideal but £35k equity must count for something in a house worth £120k.
Are there any lenders out there who will not put a lot of emphasis on the past as now i have gotten rid of my debts i can easily afford higher repayments.
Hi I was declared personally bankrupt in September
Posted - 28 July 2009 : 17:20:22
