Can I return to work as a mortgage advisor?

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


User avatar
Posts: 2
Joined: Fri Aug 02, 2019 7:43 am

Post by simone » Sun Nov 24, 2019 4:14 pm
I have done a lump sum IVA. It has completed but as expected will be on my credit report for the next 6 years. I have been off work due to a family member having had terminal cancer and helping deal with this and my subsequent mental health issues. I am considering returning to my work however I work as a mortgage advisor and am aware that this can/will affect my ability to work. Is anyone aware if it is a company decision or FCA decision as to wether I can continue to work in this area? Thanks


User avatar
Forum Expert
Posts: 30851
Joined: Fri Dec 17, 2010 11:14 am
Location: United Kingdom

Post by Foggy » Sun Nov 24, 2019 4:35 pm
It will be down to any professional bodies you or your employing company may belong to, as far as I am aware. But, it is not a foregone conclusion that you are unsuitable. I have known of those with an IVA in their past, and, indeed, in one case, a bankruptcy, who have returned to the financial industry.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014

Shaun Vickery

User avatar
Industry Expert
Posts: 912
Joined: Tue Feb 12, 2013 8:32 am
Location: United Kingdom

Post by Shaun Vickery » Thu Nov 28, 2019 3:50 pm
Firstly I'm sorry to hear your family news which always puts these things in perspective. In answer to your question, it is quite categorically a firm decision. The only requirement of the FCA is that the firm are able to evidence that you are fit and proper to perform the task, and set a level of supervision appropriate to the circumstances. From a personal point of view, because we specialise in helping people who have experienced previous financial difficulties obtain a mortgage, people in your situation very often prove to be the best Advisers because they can relate better to many customers. Best of luck with it.
Specialist Mortgage Advisers. Highly Commended at the British Mortgage Awards.

For individual, confidential mortgage advice see my details under the IVA Experts or go to
3 posts Page 1 of 1
Return to “Ask IVA Forum and Industry experts”