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Posted: Wed Sep 17, 2014 9:58 am
by David.n
Hi I am in an IVA,will I be ever able to get a motgage whist still in the IVA,my age is 66.
Posted: Wed Sep 17, 2014 10:04 am
by Michael Peoples
It is highly unlikely given your age and the IVA. If you have already got a mortgage your IVA will likely be extended if there is equity.
Posted: Wed Sep 17, 2014 10:59 am
by Adam Davies
Hi
Have to agree with Michael, it will be hard to even consider a mortgage for the next six years due to the IVA on your credit file
Regards
Posted: Thu Sep 18, 2014 8:55 am
by Shaun Vickery
There is only one lender I know who will consider a mortgage whilst you are in an IVA but in practical terms it is very unlikely even so because you would have to have a big deposit / lots of equity on one hand but your IP would also need to agree to the mortgage. Hence it's a complete conflict.