www.iva.co.uk

I'm a year out of my IVA now and although all the unsecured debt has gone, I am still saddled with a £125K repayment mortgage and a secured loan on which I owe £59K. The APRs on these are about 4% and 9% respectively. My Home is worth about £230K, and I am 55 years old. I am trying to get my outgoings down as I am not currently working and looking to start a small business with some small savings. I may be a basketcase but there used to be some canny mortgage guys posting on this site a few years back and I'm wondering if, given there is some equity in the house, I can get these outgoings down from the current £1500 pcm its costing me at the moment by consolidating with another post-IVA sympathetic mortgage provider - if anyone will have me that is...

Hi and welcome,

Have a word with our resident mortgage experts Ryan or Shaun (details under ask experts a question link on the left hand side of the page)as they have helped quite a few posters out on here.

Thanks kallis, I originally posted in that area but will drop an email to Ryan as suggested. I used to post as soreloser years ago when I was with cdebt who did a grand job.

Right - good to see you back and hopefully Ryan will be able to help. Shaun is also recommended.

Hello

I had success recently getting a re-mortgage from a high street lender after competing 6 years from start of iva and checked to make sure credit file all up to date with no negative mark, however as the other posters have suggested , use the help of whole market brokers who specialize in post iva mortgage.I used a broker and there were no hiccups

I was left in the end with a choice of 3 high street lenders to choose from , Barclays,Halifax and tsb. I went with tsb.

good luck

Using a specialist broker as others have suggested is the important factor. Ryan and or Shaun will be able to help and support you.

I agree speak with Ryan or Shaun best of luck.

Hi John,
Happy to look in to this if you want to get in touch