Can my partner now get a mortgage?

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maria.a

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Post by maria.a » Tue Apr 22, 2008 10:07 pm
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My partner cleared his iva all in one go 16 months ago. Can he now get a mortgage? the mortgage will b with me, i ve an excellent credit rating, no loans amd im a home owner.
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MelanieGiles

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Post by MelanieGiles » Tue Apr 22, 2008 10:08 pm
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Hi maria and welcome to the forum

I am sure that you and your partner will be able to find a mortgage, but it may be better to choose a broker who specialises in the adverse credit marketplace.
Regards, Melanie Giles, Insolvency Practitioner
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Lisa2009

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Post by Lisa2009 » Tue Apr 22, 2008 10:10 pm
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Hi maria and welcome.

Your partners IVA will be on his credit file for 6 years from the day of acceptance.
He may be able to get a mortgage but could be subject to higher interest rates.

Maybe it would be better to put the property in your sole name untill the IVA drops off your partners file??
http://mrsskint.blogs.iva.co.uk/ 'Our Story'


Nil carborundum illegitimi
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Lisa2009

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Post by Lisa2009 » Tue Apr 22, 2008 10:10 pm
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LOL Melanie you beat me again.
http://mrsskint.blogs.iva.co.uk/ 'Our Story'


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MelanieGiles

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Post by MelanieGiles » Tue Apr 22, 2008 10:12 pm
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Fastest fingers in town!!
Regards, Melanie Giles, Insolvency Practitioner
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