my iva has finnished 2 months ago. durring my iva i have a mortage which is all up to date never fell behind on my mortage for at least 6 years or so .
now we think the house is to small for us so i want to no how long do i have wait for me to aplly for a mortage and will i get a mortage ? can anybody help.
Hi Parminder. You will really need to wait until the IVA is off your credit records ( 6 years from the start) and clean up your credit file, as well as save a substantial deposit.
We have two brokers on the forum, who are experts in mortgages for those out of an IVA: Ryan and Shaun.
You can find their details under the "Ask a Question" link ( top left) and scrolling down to the experts details section.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
Hi Parminder,
As Foggy said, it would be best to wait until your IVA clears from your credit file ie 6yrs from date registered as this will give you more options and definitely a better rate. You will need to clear up your credit files in the meantime, happy to help you along the way with this if you would like to get in touch. My contact details are below
Ryan Radford
IVA Mortgage Expert
Zebra Money Centre
IVA Mortgage advice needed? Looking at Right to Buy and completed IVA still on credit files ?
