The industry is terrified of using those words, but the fact is people bankrupt just a year ago can now get a mortgageThe “sub-prime” mortgage sector shut down following the financial crisis in 2007-08, but brokers say more and more lenders are returning to the market – with some willing to lend to people who were bankrupt as little as a year or so ago.On 30 June new retail bank Masthaven became the latest company to open its doors to people who have suffered financial problems, such as one or two missed mortgage payments, or who have county court judgments against them, depending on how big and how recent these CCJs are. Continue reading…
Source : theguardian.com
Read more…The ‘sub-prime’ market is back in business















