Yes, it’s possible — even with a past bankruptcy on your record. The key is timing, rebuilding your credit, and working with lenders who specialise in adverse credit.
🧾 How Long Do I Have to Wait?
- Discharged less than a year ago? Tough, but not impossible — very few lenders will help.
- 1–3 years post-discharge? You’ll need a specialist lender and a decent deposit (25%+).
- 3–6 years? More options open up with time and good conduct.
- 6+ years? Some lenders may ignore it entirely, especially if it’s off your credit file.
🧠 Tips for Getting a Mortgage After Bankruptcy
- Save a larger deposit (15–30% often required early on)
- Keep all payments (bills, credit, rent) squeaky clean
- Work with a mortgage broker who deals with bad credit
- Check your credit reports with all 3 agencies (Equifax, Experian, TransUnion)
🏠 What Type of Mortgage Can I Get?
Options may include:
- Fixed or variable rate products from specialist lenders
- Limited high-street options after 3+ years
- Some restrictions on buy-to-let or interest-only
💬 Been Bankrupt? You’re Not Alone
Bankruptcy doesn’t mean you’ll never own a home again. With the right advice, timing, and preparation, you can bounce back and secure a mortgage that works for you.
✅ Honest advice from a broker who gets it
✅ Rebuild your credit and boost approval odds
✅ Access lenders who welcome second chances