I know no firms are not lending to IVA peeps at the moment, so when can I apply for one? (I dont want extra funds - just a better deal over a smaller time scale).
Can I apply as soon as the IVA is completed or do I have to wait for a period of time after that?
Thanks in advance
Last edited by SometimesTina on Mon Jul 26, 2010 11:40 am, edited 1 time in total.
There are no hard and fast rules Tina - just mortgage lenders that at present are inflexible. I think that you are stuck with your present deal, and it could take up to three years post IVA before you become entitled to high street rates again - this is not due specifically to the IVA, but to the fact that your credit rating is likely to be impaired for some time into the future.