Hi we had an IVA (lump sum payment) which finished June 2015...therefore we do not owe any creditors. We were on tax credits for a while but my husband is now earning a good salary in the Middle East and we would like to apply for a mortgage here in uk (myself and the children are still resident but I have no income of my own). My questions are 1) what are our chances of being accepted and is there any particular bank or building society we should try first? And 2) can we apply for a uk mortgage even my husband does not work in the uk but our joint account statements here can prove his earnings? Thanks in advance.
You would be best placed speaking to a mortgage broker with experience of dealing woth complex situations. The forum has two such brokers Ryan or Shaun, both have been successful in helping significant numbers of forum members over the last 2 or 3 years.
I'm confused when you say you had a lump-sum IVA which finished in June 2015. Was it a 'one-off', 'single payment' (there are so many different expressions people use for this (!). Essentially where you raised a lump-sum to enter and satisfy the IVA simultaneously?
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