Get expert opinion. This is the place for new questions to be posted.
-
Jo.mm
- Posts: 1
- Joined: Mon Sep 17, 2012 11:11 am
My husband had an IVA which has finished and he has a certificate to show that it's all finalised.
We want to buy a house (renting at present) and we have a large cash deposit. We'd need a mortgage for about £50k.
Our bank has refused us because they won't lend to anyone who has previously had an IVA.
Where's the best place to go from here so we don't pay over the odds?
Thank you
-
Adam Davies
- Posts: 14596
- Joined: Thu Mar 29, 2007 12:21 pm
- Location:
Hi and welcome
A whole of market mortgage broker is the best place to try and secure a mortgage. Try Ryan who is listed in the expert section
Good Luck
Regards
Andam Davies
-
artemischild
- Posts: 852
- Joined: Tue Jun 01, 2010 11:04 am
- Location: United Kingdom
Ryan in the 'ask the experts' section has great success at helping those with previous IVA's get a mortgage and i would say with such a large deposit it should be too much trouble!!
best of luck
arty
IVA completion and certificate received 08/10/2012!!!
-
vince666
- Posts: 337
- Joined: Sat Oct 22, 2011 11:09 am
- Location:
I 100% recommend getting in touch with Ryan - he was brilliant in sorting out a mortgage for me.
Completion certificate received 31 March 2012.
-
Shining
- Posts: 27019
- Joined: Thu Sep 20, 2007 8:57 am
- Location:
I think Ryan is worth talking to and all the best in securing a mortgage. x
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
-
luluj
Forum Expert
- Posts: 11333
- Joined: Sun Dec 09, 2007 6:54 am
- Location: United Kingdom
Can only echo other recommendations...Ryan has helped lots of forum members since joining the forum as an expert...
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"
-
sponge
- Posts: 1094
- Joined: Wed Sep 07, 2011 4:25 pm
- Location:
Ryan
My bank manager has said to me lending criteria for all lending has changed and even a sniff of IVA or defaults on your credit record get an automatic no matter where you go?
-
luluj
Forum Expert
- Posts: 11333
- Joined: Sun Dec 09, 2007 6:54 am
- Location: United Kingdom
Ryan's response will be I am sure..each case is looked at on it's own merit. When the time is right approach a broker like Ryan who will be able to review the whole market and his own contacts...never say never!
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"
