Currently my partner and I live with our parents, my boyfriend is going to go bankrupt at some point (when he gets round to it !) we want to live together by the end of the year.
We had said prior to the bankruptcy decision that we would just rent and buy in the near future but now he is going to go bankrupt I wanted to know the effect it will have on us getting somewhere to live.
What problems will be encounter if we want to rent? We both work for the NHS and would be able to get references from work stating what we earn as well as personal ones.
Can you get a mortgage after your Bankruptcy has ended?
If not a mortgage, what about Shared ownership, where you part rent and part buy –Would we be able to do this?
If so would we be able to straight after the bankruptcy ends or should we wait a few years?
Living with our parents is not an option for much longer esp. as my partner has a daughter from a previous relationship and more space is needed!
I do not earn enough to buy a property on just my salary.