Hi I am in an IVA,will I be ever able to get a mortgage ?

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David.n

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Post by David.n » Wed Sep 17, 2014 9:58 am
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Hi I am in an IVA,will I be ever able to get a motgage whist still in the IVA,my age is 66.
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Michael Peoples

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Post by Michael Peoples » Wed Sep 17, 2014 10:04 am
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It is highly unlikely given your age and the IVA. If you have already got a mortgage your IVA will likely be extended if there is equity.
Michael Peoples | McCambridge Duffy Insolvency Practitioners
http://www.mccambridgeduffy.com
If you would like to talk to me about proposing an IVA or have any questions at all please visit www.mccambridgeduffy.com
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Adam Davies

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Post by Adam Davies » Wed Sep 17, 2014 10:59 am
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Hi

Have to agree with Michael, it will be hard to even consider a mortgage for the next six years due to the IVA on your credit file

Regards
Andam Davies
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Shaun Vickery

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Post by Shaun Vickery » Thu Sep 18, 2014 8:55 am
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There is only one lender I know who will consider a mortgage whilst you are in an IVA but in practical terms it is very unlikely even so because you would have to have a big deposit / lots of equity on one hand but your IP would also need to agree to the mortgage. Hence it's a complete conflict.
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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