www.iva.co.uk

Posted: **Sun Jan 25, 2009 8:26 pm**

Would it be more harder to get a mortgage in an IVA if you have another mortgage and are renting it out?

Our IVA company advised us not to add our unsecured Northern Rock loan to our IVA as our mortgage was with NR and our IVA payments and amount outstanding would be too high. Is this good advice?

Posted: **Sun Jan 25, 2009 10:14 pm**

You will find it almost impossible to find a mortgage at the moment whilst you are in an IVA, unless you have at least a deposit of 20% to put down.

It was bad advice to exclude your Northern Rock unsecured loan from your IVA. How have you been paying this in the meantime? Which IP firm are you with?