Applying for a mortgage 6 years after reposession.

Our house was reposessed nearly six years ago (Feb 93). I'm desperate to own my own home again and am now earning enough, and have a small deposit. The problem being that because of our entry on the CML list normal lenders still wont touch us, unless we are able to but down a hefty deposit. We've been told we can get a mortgage through a third party, who charges #100 up front and then 1% commission on the loan and here we can get a 95% loan with nearly 5% cash back, all with a main lender at 7.45%. (How do they do this ? ) What I really want to know is is it worth waiting the 4 months until our name is taken off the list, will this then open up all normal options to us ?

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