Iva and planning for mortgage

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Post by Ebere123 » Sat Feb 02, 2019 1:18 pm

Quick question please
Currently in Iva due to drop off credit file in Oct 2020. Wanting to purchase house in future with partner for around £200000

Combined income £100000 per year so affordability not issue but what sort of deposit will be needed. Would I be able to access a 95% mortgage or not having previously been in a Iva?


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Post by Foggy » Sat Feb 02, 2019 1:32 pm
I would suggest a word with Ryan and / or Shaun, who are both whole of market brokers with experience in adverse credit and bot have helped many forum members with advice and mortgages.

Ryan: memberlist.php?mode=viewprofile&u=18488

Shaun: memberlist.php?mode=viewprofile&u=22837
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014


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Post by luluj » Sun Feb 03, 2019 6:04 am
Once iva is off your records a mortgage will be feasible... a deposit of around 10-20% will be great but you may get other options with less required, just depends on circumstances at the time.
Speak to Ryan and or Shaun for advise.
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"


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Post by Ryan » Mon Feb 04, 2019 8:50 am
We've certainly managed to obtain 95% mortgages for others who have previously been in an IVA.

Ryan Radford
IVA Mortgage Expert
Zebra Money Centre

IVA Mortgage advice needed?

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