Can I get a shared ownership mortgage after my IVA has dropped off my file ?

[Robd0782]

Can I get a shared ownership mortgage after my IVA dropped off my credit file.

[Foggy]

It is possible, but depending upon a number of factors, as well as the co-owners own policies.

I would suggest a chat with Ryan and / or Shaun, who are both whole of market brokers with extensive experience in adverse credit applications.

Their details can be found under the "Ask a Question" tab ( top left) and then scrolling down to the Experts Details Section.

[Ryan]

Hi
Yes this is possible, it does depend on quite a lot of factors.
If you get in contact i can explain in more detail

[Robd0782]

Hi Ryan
I have emailed you but not sure if you have Recieved it or not

[luluj]

Am sure Ryan will piick this up on Monday morning if not before - he's probably out and about with his young family x

[Mortgagesteve]

Hi Robd0782,
Yes you can as the majority of lenders will consider you if the IVA is over 6 years old.
You will have to say you had an an IVA on the application form though which no doubt will lead to more questions being asked by a lender so make sure they pick up on this early in the application. The last thing you want is for them to come back after 2 or 3 weeks saying the underwriters have looked at the case and decided not to lend which happens.
Regards
Steve

[Robd0782]

It will be 6 years in May and need a shared ownership mortgage. Who are the best people to ask ??

[Mortgagesteve]

Hi Robd0782,

Any of the High Street lender that offer shared ownership mortgage would consider you after 6 years.

Feel free to contact me if you would like to have a chat.

Regards
Steve

[Robd0782]

When is the best time to call and what number is best to contact you ?

[luluj]

contact Ryan on his expert profile details on the left hand under ask the experts.(email and phone number removed from original post by luluj at request of admin)

[Robd0782]

I have tried to contact Ryan and heard nothing back but Steve has been helpful so I have emailed Steve so hopefully I will speak to Steve soon.

[Mortgagesteve]

Hi luluj,
As a Moderator, would you like to give out my telephone number and email address to Robd0782 seeing as he specifically asked for it?
Regards
Steve

[luluj]

Sorry mortgagesteve ... not aware of your expert status on the forum and was only aware we had two forum mortgage experts in Ryan and Shaun - my understanding is contact details in the profiles of the forum experts can be shared. Apologies if not aware of your status.

Maybe Andy / Admin could let everyone know if we now have a third mortgage expert on the forum so we can equally recommend.

[Robd0782]

Like I have already said I have sent Ryan a few messages and was told I would here from him Monday as stated on here and it's now Wednesday and still not heard anything

[luluj]

No worries Rob .. not like Ryan ..he may be on leave. Hopefully between all on here you will get the answer to your questions.