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 I want to buy the flat we rent.		  New Topic  Reply to Topic
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JohnY7
Starting Member



1 Posts
Posted - 09 September 2009 :  12:09:00  Show Profile  Visit JohnY7's Homepage  Reply with Quote
I want to buy the flat we rent. My wife mum is giving her 60K and I just need the other 60K to buy our flat.

Can a bankrupt people get a Mortgage with a 50% depost. I am only 1/2 way through my bankruptcy

gettingoutofdebt
forum expert



2418 Posts
Posted - 09 September 2009 :  13:23:27  Show Profile  Reply with Quote
If you are not discharged then even with a 50% deposit it will be very difficult to get a mortgage. Can you not wait until you have been discharged? At the most this will be 6 months and may be sooner if you get an early discharge.
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RHB
Senior Member

1159 Posts
Posted - 09 September 2009 :  13:52:39  Show Profile  Reply with Quote
Could your wife get a mortgage for the other half?
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