www.iva.co.uk

Hello,

I am very concerned about my credit rating should I opt for an IVA. Can you tell me how long after getting an IVA will I be able to apply for a mortgage? Also, I currently have a mortgage, which I am selling, but there is likely to be a shortfall owing to our mortgagees, is this something an IVA would cover?

Also, if I pay the IVA off quicker, will this mean it is off my record quicker?

Thanks,

Hi
Yes a shortfall from a secured lender,once the security is sold,can be included in an IVA
Regards