home loan with bad credit

1 post Page 1 of 1


User avatar
Posts: 33396
Joined: Fri Dec 17, 2010 11:14 am
Location: United Kingdom

Post by Foggy » Tue Feb 01, 2022 4:58 pm
If you satisfy the criteria for getting a loan (credit checks and lenders policies, etc. ) then you will get a loan based on your ability to repay and the amount of equity available in the property as security.

If you are in an IVA you will need the permission of your IP before doing anything. I doubt they would agree to funding home improvements whilst already in debt.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
1 post Page 1 of 1
Return to “mortgages”