Finding a mortgage

3 posts Page 1 of 1
 
 

mark.m

User avatar
Posts: 3
Joined: Sun Nov 04, 2007 12:29 am
Location:

Post by mark.m » Mon Nov 12, 2007 7:38 pm
I have try a couple of local independent mortgage companys and they all say social homebuy is a no no! They say its because i'am on a IVA , can anybody help me as well only can afford to buy 50 % we think . Thanks to you all for help past.

regards mark
 
 

Andrew Graveson

User avatar
Posts: 933
Joined: Wed Jun 13, 2007 7:52 pm
Location: United Kingdom

Post by Andrew Graveson » Mon Nov 12, 2007 8:21 pm
Hi Mark,

Many of these schemes operate under a restrictive panel of lenders which, depending on the list, could mitigate against purchase while in an IVA.

I'd suggest a call to a mortgage broker on this site (there's Tony (Welshboy) and Mike as well as myself) so that they can confirm whether or not this is a viable option for you.

Andrew Graveson
Mortgage Broker & Bright Oak Debt Management
andrew@brightoak.co.uk
www.brightoak.co.uk
Andrew Graveson
Bright Oak Ltd
UK Debt Management Company
Website: www.brightoak.co.uk
 
 

mikebdomain

User avatar
Posts: 1126
Joined: Thu Aug 23, 2007 10:03 am
Location: United Kingdom

Post by mikebdomain » Mon Nov 12, 2007 9:03 pm
Hi Mark and welcome to the forum - which homebuy scheme are you using?

If it is under the council RTB homebuy scheme there are not so many restrictions on lenders as there are under private schemes.

FREE ADVICE IS THE BEST ADVICE

LEYBRIDGE LIMITED
Mortgage Broker & Mortgage packager

Specialising in adverse credit.

Firm FSA No:313790
Personal FSA No:MJB01557

see feedback and testimonials at:
http://www.leybridge.com/testimonial.php
Check out my blog at:
http://mikebdomain.blogs.iva.co.uk/
Please read our Initial Disclosure Document(IDD):
http://www.leybridge.com/Leybridge-IDD.pdf
Last edited by mikebdomain on Mon Nov 12, 2007 9:11 pm, edited 1 time in total.
LEYBRIDGE LIMITED
Mortgage Broker & Mortgage packager

Directly Authorised Firm FSA No:313790
CeMAP 1,2 & 3 qualified
F.P.C 1,2 & 3 qualified
Financial Planning Certificate
Certificate in Regulated Customer Care
3 posts Page 1 of 1
Return to “postings for november”