I was wondering if anybody could give me some advice please. We had our f & f settlement agreed end of June 2013 and we received our completion certificate December 2013. Our 6 years in an IVA on 27 February 2014.
Does anybody know the chances of being able to remortgage as our fixed rate is coming to an end.
We currently have our mortgage and 2 secured loans and these amount to £1057 per month. The total amount outstanding is approximately £110000 and our property is worth around £200000.
My understanding is that most banks will ask about the IVA anyway and if asked you must tell. As I understand it most high street banks will then not offer you a mortgage.
However if you use a whole of market broker, they may not be asked the question and\or be able to arrange a mortgage with a less prejudiced lender
Hi. I have been in contact with Ryan who said once our files were clear (6 years is up next week [:D]), to contact him & he will sort our mortgage out. He did quote us (dependant on interest rate & our credit rating once we go ahead) & off the cuff his quote would save us over £300/month!!!!!! So definitely going to contact him soon with amounts etc.. Good luck with yours.
Our current mortgage is with Halifax and we owe approx £80000. We also have a secured loan with them of around £18000 and another secured loan of around £20000 with another lender.
We have been able to get other mortgage deals with the Halifax while in the IVA. How likely are we to be able to remortgage all 3 loans with the Halifax. Halifax were one of our creditors in the IVA but we have always had the mortgage and secured loan with them and these are up to date.
Our mortgage deal is shortly ending and we hope to put all 3 loans together.
