I was in an iva and had a f & f accepted recently. It was a 6yr iva which I entered into in June 2011. I have a mortgage already and have approx 50k in equity. Me and my husband earn. Decent salay. How long do I have to wait to be able to obtain another mortgage?? Do I have to wait 20 mths until the iva drops off my credit record. Please advise? Thanks.
Yes, basically 6 years from start of IVA so June 2017. There are advisors that post on here that may be worth speaking to but expect higher rates of interest.
Speak to Ryan or Shaun whose details can be found under the experts link on the left hand side - they have been instrumental in helping posters on here sorting out a mortgage.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
