Are There Mortgage Options After a Debt Relief Order?

Are you reluctant to apply for a mortgage as you've repaid a Debt Relief Order and assume a lender will turn you down? Read on for the insider's guide to finding a great mortgage after paying back a DRO.

About your mortgage

Error: Yearly income income must be between £1 and £10,000,000.

Error: Regular bonus must be between £1 and £10,000,000.

Based on your yearly income, you may be able to borrow:


Most lenders will let you borrow 4.5 times your annual salary so, as long as you have a standard 10% deposit, you should be able to borrow this much.


Depending on your personal circumstances, some lenders may let you borrow 5 times your salary.


Lenders usually cap the amount they lend at 5.5 times your salary, so it’s unlikely you’ll be able to borrow more than this.

This calculator is an estimation of how much you could borrow. If you’re ready to take out a mortgage, speak to a Revolution brokers to see what options are available.

Are There Mortgage Options After a Debt Relief Order?

If you've had a debt relief order (DRO), it can be tricky to find a mortgage lender, given that credit checks are a necessary part of the mortgage application process.

In most cases, the lending policies work like this:

  • Most DROs have restrictions on what you can borrow, often limited to £500 per month for up to one year after the discharge date.
  • The DRO will need to be discharged before you apply for a mortgage.
  • Debts included in a DRO are written off after the discharge so that they won't be a continuing issue on your credit file.
  • Most high street lenders will need six years to have passed since the DRO discharge date to consider a mortgage application - although others will accept applications after one year or even sooner.

Given these restrictions, it is essential to seek expert support from an independent broker to find a competitive mortgage after discharging a debt relief order.

Here we'll run through the process, but if you would like to get started with an application, give us a call on 0330 304 3040 or email at

What Limitations Do I Have on Getting a Mortgage after a Debt Relief Order?

It depends. If you have breached your DRO terms, you might have a further restriction called a debt relief restriction order - this might extend the discharge date of the original order.

Courts and the receiver decide on the end date, and the majority of mortgage lenders require at least a year to have passed before they will feel comfortable to lend.

If you have further bad credit problems after a DRO has been discharged, you might find it even trickier to secure a competitive mortgage. Lenders will typically need to see which accounts were included in the debt relief order.

Incurring additional credit issues after a DRO can be perceived as not having taken the order seriously, and therefore means that you are assessed as a risky applicant.

Is it Possible to Get a Mortgage After a Debt Relief Order?

It is, provided enough time has passed, and you have kept your financial affairs in good order. Lenders will want to review your credit file, so it's wise to check this and ensure that it is up to date and doesn't contain any errors.

Although some lenders will refuse any applicant with a debt relief order on their file, some have more flexible policies, including specialist bad credit lenders.

They will also assess why you ended up in a DRO situation. For example, if you have been placed under a debt relief order due to non-payment of taxes, lenders will assess your mortgage application as being of higher risk.

What Deposit Will I Need to Get a Mortgage Following a DRO?

Again, it depends on the lender's policies. They will assess when the DRO was registered and when it was discharged. The longer ago the discharge date, the lower a deposit is likely to be acceptable.

As a rough indication, the deposit you will need is as follows, based on the number of years that have passed since the discharge:

  • Less than one year - 30-35%
  • One to two years - 20-30%
  • Two to three years - 15-20%
  • Three to four years - 10-15%
  • Four to five years - 5-10%
  • Five to six years - 5-10%

Expert Advice on Debt Relief Orders and Mortgage Borrowing

If you've been in severe credit scenarios and are now seeking a mortgage, it is vital to work with a whole-of-market broker. Revolution Finance Brokers assesses each case individually to recommend the most suitable lenders, which is essential after credit problems such as a debt relief order.

For assistance with your mortgage requirements, give our bad credit team a call on 0330 304 3040, or drop us a message at

Why Revolution Brokers?
  • Whole of market brokers

  • Mortgage that suits you

  • On time customer support

Further Reading

Latest Blogs

11 Mar 2022
Guide to Remortgaging to Finance a Home Renovation

Remortgaging your home is a great way to release equity and raise finance for those home improvement jobs you've always wanted to do. Before applying, it's vital to work out how much equity you have in your property and ensure sufficient capacity to borrow the funds required for the renovation you have in mind. In today's article, t..

10 Feb 2022
Do I Qualify for First-Time Buyer Status?

Do I Qualify for First-Time Buyer Status? Working out whether or not you are a first time buyer may seem obvious - but there are plenty of scenarios where your position isn't clear! Examples might include: New buyers who have inherited a property they rent out. Buy-to-let investors that have never purchased a residential hom..

26 Jan 2022
How Does a Remortgage Application Work?

Most homeowners know that remortgaging means switching a mortgage from an existing lender over to a new deal. However, the process isn't always obvious. If you're on a fixed-rate deal, you'll want to get ahead of the end of the term to avoid being shuffled onto a higher standard variable rate where your interest costs will undoubtedly ..

17 Dec 2021
Understanding Lender Risk on First-Time Buyer Mortgages

Finding a great mortgage as a first time buyer can feel like an uphill struggle, with a larger proportion of applicants being turned down than a year ago. Around 20% of first-time mortgage applicants are rejected, usually because of the lender risk associated with their loan. Today, Revolution Brokers explains the highest risk facto..

28 Oct 2021
Pros and Cons of First Time Buyer Buy to Let Mortgages

Investing in a rental property can be an excellent way to get onto the property ladder and earn an income. However, if you haven't owned a residence before, you might find that a mainstream bank will automatically turn you down for a buy to let mortgage. In today's guide, the Revolution Brokers team explains how you can become a ren..

12 Oct 2021
Mortgage Deposit Requirements for First-Time Buyers

Buying a home for the first time is a massive step - but the deposit is often a stumbling block for first-time buyers. It can take years to save a sufficient amount or be impossible, so there are several ways to approach the problem and get your foot onto the property ladder. From April 2021, the UK government launched the new mortg..


Refer, Relax and get £50

If you refer a friend for a mortgage or any
type of finance you’ll both receive £25
each when their new application
successfully completes.

Know More!

We are proud
members of the:

FCA disclaimer

The content included in our articles, blogs, web pages and news publications is based on information accurate at the time of writing. Note that policies and criteria can change regularly throughout the UK mortgage lending market, and it remains essential to contact the consultation team to receive up to date guidance. The information included on the Revolution Brokers site is not bespoke to any circumstances or individual application scenarios and therefore is not intended to be used as financial advice. The content we share is designed to be informative and helpful but cannot be relied upon to provide individual advice relevant to your mortgage requirements. All Revolution team members are fully qualified, trained and experienced to provide mortgage advice of an independent nature. We collaborate with lenders and providers who are regulated, authorised and registered with the Financial Conduct Authority (FCA). Should you require specific mortgage borrowing types, some products such as buy to let mortgages may not be FCA regulated. The Revolution team can provide further information about regulated and unregulated lending as required. Please remember that a mortgage is a debt which is secured against your home or property. Your home can be at risk of repossession if you do not keep up with the repayments or encounter any other difficulties in managing your mortgage borrowing responsibly. This also applies to any remortgage or home loan secured against your property, including equity release products.

Ask the Mortgage Experts

Revolution Brokers understands that mortgages can be complex and confusing!

Ask us any question you might have, and one of our skilled consultants will come back to you as quickly as possible.