Is there a way of getting a mortgage to buy our council home ?

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Lauren.d

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Post by Lauren.d » Thu Jul 02, 2015 3:56 am
Hi,

I wondered if you can assist me. My mother,father and I have been offered the right to buy our council home at an amazing price of 44k with a value of 74k.

I had an IVA in 2008 and completed it all up to date in 2012 and my credit is fair after trying to rebuild it. My father was made bankrupt 7 years ago and we called up Natwest and they refused to go any further with the application once my IVA was mentioned.

I'm very upset after trying so hard to get back on track. We have the deposit also and I have a 35k a year job with only one credit bill of under 2k and dad has a good wage and no credit.

Is there a way of getting a mortgage for 40k between us with anyone who's rates aren't extoriante. I really want to do this for my future and I'm just disheartened it won't happen, we only have twelve weeks to act upon this application quote from the council.

Help would be appreciated from an expert as I couldn't find the link to message them direct.

Thanks
 
 

luluj

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Post by luluj » Thu Jul 02, 2015 6:06 am
We have two experts who specialise in mortgage deals for thos with past credit issues. Ryan or Shaun ...there contact details are under the experts tab or via the A-Z of members. I can personally vouch for Ryan having had two mortgages via him since our iva ended.
Sharing from experiences of dealing with debt

There is a solution for everyone .... Just need to stay positive !

Look at my blog "All I wanted was a baby"
 
 

Lauren.d

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Post by Lauren.d » Thu Jul 02, 2015 6:40 am
Thanks luluj, Ive messaged Ryan and await his reply.

Thanks
 
 

Foggy

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Post by Foggy » Thu Jul 02, 2015 7:53 am
Nat west will not lend to anyone after an IVA -- other banks will. Ryan and Shaun know which ones :-)
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
 
 

Lauren.d

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Post by Lauren.d » Thu Jul 02, 2015 8:59 am
Thanks foggy!

They wouldn't even let me have a certain account with them so I for one don't want to use Natwest I dislike them.

Thanks
 
 

Michael Peoples

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Post by Michael Peoples » Thu Jul 02, 2015 9:11 am
There are lenders out there and I know Shaun Vickery has got some of our clients High Street mortgages so best of luck with your application.
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
 
 

Shaun Vickery

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Post by Shaun Vickery » Thu Jul 02, 2015 10:30 am
Based on what you say your chances are pretty good butNat West was definitely the wrong place to go I'm afraid. It's important to make sure your application is placed correctly and this is where a specialist adviser with experience in this area can help.
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/
 
 

Ryan

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Post by Ryan » Thu Jul 02, 2015 10:43 am
Hi Lauren
We have sent you an email reply. We are sure we can help you with this.
Ryan Radford
IVA Mortgage Expert
Zebra Money Centre

IVA Mortgage advice needed? Looking at Right to Buy and completed IVA still on credit files ?

Contact me at http://www.ivamortgageexpert.co.uk or via the expert page
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