Are we knackered?
Depends on how much deposit you have. Speak to a mortgage advisor not us lot! I found http://www.lcplc.co.uk/
useful as recommend on the money programme a long time ago.
I've spoken with a local mortgage advisor who has basically "advised" me that we're essentially knackered because of the bankruptcy. I just wanted to see whether anyone was in/had been in a similar situation and how did they get around it.
The trouble is, we really can't afford more than a 5% deposit, so we'd be looking at 95% mortgages, which are out there, but which are very very unlikely to be available to us.. The Welsh Government is rolling out the "Newbuy" scheme in Wales next year (it's already going in England), which is a scheme whereby the Government "Guarantees" the mortgage. It's available on various new build developments and there are quite a few developers signed up to the scheme already, but we don't want to be tied to a new build if we can help it, because there simply aren't any new builds in any areas where we've been looking at moving to!