Mortgage post Iva

[cooltony]

I have come to te Enid my mortgage deal and despite having a clean history for a year post Iva I noticed that most banks will not let anyone apply for a mortgage who had an iva. I am wondering how I can go about getting a mortgage? The bank I am with will offer me a deal but won't lend me more. I am looking to upgrade my house. Can one no the experts provide any help?

[Adam Davies]

Hi

Try the mortgage experts that post on here, Ryan and Shaun, their details can be found under the expert section [ask a question, top left]

Regards

[luluj]

Have all defaults / mention of iva totaly gone from your file ?

What equity have you currently got in your property ? You will need the equivalent of about 25% i believe to use as a deposit.

Ryan or Shaun should be able to give you specific advice on this

[Ryan]

Hi,
As Luluj mentioned, you will need to ensure all your credit files are clear before applying for a new mortgage. These are free, normally and easy to obtain.
Once you have these, and they are all clean, get in touch with a Whole of market broker who specialises in dealing with people in your position.
I am sure something can be done

[Shaun Vickery]

Obtaining a copy of your credit file, if you haven't already done it is certainly a good place to start. Try www.noddle.co.uk if not, its' free for life (I use it myself). You'll need to think in terms of a minimum deposit of 15% although there are potential solutions even if your credit file isn't entirely clear. It really just depends on your individual circumstances.

[cooltony]

Shaun/Ryan could you le me have you website address so i can contact you?

My credit file is clean with no defaults and a prefect history since I started using cards again.

The 15% could be an issue....

[luluj]

Look to the left under ask the experts a question, scroll down and links to Ryan and Shaun will be available.