Getting a mortgage. Do I have to say I've had an IVA ?

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newbie77

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Post by newbie77 » Mon Apr 21, 2014 10:27 pm
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Hi my IVA ended 3 years ago and has been off my records for over 2 years. I've since been able to apply for an overdraft and a credit card (to help improve my score) I've checked my credit scores and they are good experian is 968. Can someone advise me on getting a mortgage do I have to say I've had an iva?
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Nutkins

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Post by Nutkins » Mon Apr 21, 2014 11:13 pm
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Hi! I would advise only if they ask if you have ever been in an arrangement with creditors or directly ask if you have ever entered into an iva
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newbie77

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Post by newbie77 » Tue Apr 22, 2014 11:48 am
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I thought that would be the case, I've read on here that lots of high street lenders won't even entertain the idea of giving a mortgage to anyone who's ever had an IVA its quite disheartening.
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Ryan

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Post by Ryan » Tue Apr 22, 2014 1:14 pm
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Hi,
Yes, if asked you will have to declare this always.
There are lenders who do not ask the question though. Find a broker who specialises in these types of mortgages
Ryan Radford
IVA Mortgage Expert
Zebra Money Centre

IVA Mortgage advice needed? Looking at Right to Buy and completed IVA still on credit files ?

Contact me at http://www.ivamortgageexpert.co.uk or via the expert page
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luluj

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Post by luluj » Wed Apr 23, 2014 4:54 am
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Welcome back Ryan ..... Great service from Zebra in your absence!
Sharing from experiences of dealing with debt

There is a solution for everyone .... Just need to stay positive !

Look at my blog "All I wanted was a baby"
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Shaun Vickery

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Post by Shaun Vickery » Thu Apr 24, 2014 6:26 pm
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I agree entirely with Ryan, you should always disclose the IVA if asked the question. Although many High Street lenders have a narrow-minded view of ex-iva-ers, you should stand a fairly good chance if you approach the right lender. It's a matter of presenting your application correctly to the right one and taking into account your very individual circumstances.
Specialist Mortgage Advisers. Highly Commended at the British Mortgage Awards.

For individual, confidential mortgage advice see my details under the IVA Experts or go to http://clients.theselectpartnership.co.uk/
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