I received my certificate in November and now wish to move. The problem Is I live in London

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Michael.dw

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Post by Michael.dw » Tue Feb 25, 2014 3:12 pm
Hi I finished my IVA in August and received my completion cert in November. I currently have a mortgage on my property but wish to move. A lot of the sites on the net say I need at least 40% deposit until the six years is up and they will only want 10%. The problem is I live in London and 40% of the going house prices is about £90000.00!!!! I only have around £ 50000.00
 
 

Shining

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Post by Shining » Tue Feb 25, 2014 5:08 pm
Hi would it be too long to wait for the 6 year mark when things may become easier. We do have two mortgage experts on the forum Ryan and Shaun, might be worth a word with them and they can be contacted via the ask the experts a question link to the left (scroll down to find them and their contact details).
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
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