Re-mortgaging during iva, am I free to approach lenders of my choosing?

Get expert opinion. This is the place for new questions to be posted.
4 posts Page 1 of 1

Andydr78

User avatar
Posts: 13
Joined: Wed Jan 06, 2016 3:17 pm

Post by Andydr78 » Fri May 19, 2017 1:49 pm
Hi I am looking for advice on re mortgaging during my iva.
I will be due to look at this in about 4 months so my question is do I have to apply for re mortgage with the companies that my iva company insist upon or am I free to approach lenders of my choosing? also how many will I need to approach?
many thanks.

Ryan

User avatar
Industry Expert
Posts: 1167
Joined: Thu Nov 03, 2011 10:03 pm
Location: United Kingdom

Post by Ryan » Fri May 19, 2017 2:39 pm
Hi Andy,

I think it depends on your Practitioner as to what they will accept. Some will accept just a letter from a Broker like ourselves saying that you aren't able to obtain a Mortgage currently.

Regards
Ryan Radford
IVA Mortgage Expert
Zebra Money Centre

IVA Mortgage advice needed? Looking at Right to Buy and completed IVA still on credit files ?

Contact me at http://www.ivamortgageexpert.co.uk or via the expert page

Foggy

User avatar
Posts: 33396
Joined: Fri Dec 17, 2010 11:14 am
Location: United Kingdom

Post by Foggy » Fri May 19, 2017 3:00 pm
A few still don't even make you attempt it, in the knowledge that it just isn't going to happen ---- On the other side of the coin there are those that like to try to get blood from a stone. You need to ask your IP what they require.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014

luluj

User avatar
Forum Expert
Posts: 11333
Joined: Sun Dec 09, 2007 6:54 am
Location: United Kingdom

Post by luluj » Fri May 19, 2017 4:38 pm
You can approach on your own terms but very unlikely while the iva is still ongoing and your records.
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"
4 posts Page 1 of 1
Return to “Ask IVA Forum and Industry experts”