Hi I've paid my IVA up 3 years early, will I able to get a mortgage straight away ?

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Deborah.01

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Post by Deborah.01 » Wed Nov 18, 2015 8:52 am
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Hi I've paid my iva up 3 years early will I able to get a new mortgage straight away
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Michael Peoples

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Post by Michael Peoples » Wed Nov 18, 2015 9:00 am
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Highly unlikely without a sizeable deposit and the rates are very high. You may have to wait until six years have passed from commencement but there are two mortgage experts on the forum who could advise better.
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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Lisa Thomas

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Post by Lisa Thomas » Wed Nov 18, 2015 3:51 pm
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Hi Deborah - i think it's unlikely but speak to Ryan or Shaun on this forum for their specialist mortgage advice.
I'm a licensed IP with 16+ yrs at Neville & Co covering the South West area. I have a YouTube channel with advisory videos on here: https://www.youtube.com/channel/UCMPTTu ... Z5k9ZcC2MA http://www.nevilleco.co.uk 01752 786800 Lisa@nevilleco.co.uk
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luluj

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Post by luluj » Wed Nov 18, 2015 6:12 pm
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Talk to Ryan or Shaun ..depending on circumstances they may be able to direct you or offer a timeline when it may be possible.
Sharing from experiences of dealing with debt

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Ryan

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Post by Ryan » Wed Nov 18, 2015 6:44 pm
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Hi,
Sorry to say but whilst the IVA still remains on your credit file and as you have just finished it, you would probably need a 50% deposit. There may be an option with 30% but this is very restrictive so would need more information from you to advise in detail.
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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