Iva complete next month, going to start looking for a mortgage.

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jimytttt

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Post by jimytttt » Mon Mar 22, 2021 9:15 am
My Iva is complete as from the end of April I have a deposit saved is there anyone on here with any advice on who to use for getting a mortgage or will I have access to
High Street lenders?.

Foggy

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Post by Foggy » Mon Mar 22, 2021 9:28 am
The IVA will stay on your credit files for 6 years from the start date and will limit your choices for a lender and a reasonable rate. After that, when your credit records are clear you will get access to more lenders and 'normal' rates. I would suggest a chat with a broker experienced in adverse credit applications, as many lenders will still ask about your past and some react better than others!

We have two regular posters: Ryan and Shaun who have both placed mortgages for forum members. Their contact details can be found on their profile pages here:

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
http://foggy.blogs.iva.co.uk

jimytttt

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Post by jimytttt » Tue Mar 23, 2021 4:25 pm
Thanks for the reply I will get in touch.

luluj

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Post by luluj » Tue Mar 23, 2021 7:47 pm
Well done and echo Foggys suggestion...speak to Ryan and / or Shaun.

I can personally vouch for Ryan ..he has helped us over the last 10 years get back into home ownership and change mortgages to gain better deals.
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"

Ryan

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Post by Ryan » Wed Mar 24, 2021 10:32 am
Hi jimytttt,
Well done getting through it!
What date did you enter the 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

jimytttt

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Post by jimytttt » Wed Mar 24, 2021 10:47 am
27th April 2015

Ryan

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Post by Ryan » Wed Mar 24, 2021 10:56 am
Thank you.
Then you will need to get your credit reports cleared up, and completion certificate.
It will take 3mths to come off the Insolvency register also, so not be able to buy straight away.
We can help you with all this if you need, as would any good broker with knowledge of IVA's.
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

jimytttt

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Joined: Sun Mar 21, 2021 4:13 pm

Post by jimytttt » Wed Mar 24, 2021 12:24 pm
Thanks Ryan
I thought it came off straight away 😔 never mind I suppose more time to save a deposit, I am in touch with a company regarding trying to seek a mortgage if that bears no fruit I'll be in touch, thanks for the advice.

jimytttt

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Post by jimytttt » Wed Mar 24, 2021 6:09 pm
Ryan,

Does it make any difference that I paid it off early and got my completion certificate in June 2017?

Cheers James

Foggy

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Post by Foggy » Wed Mar 24, 2021 7:04 pm
Wed Mar 24, 2021 6:09 pmjimytttt wrote:
Ryan,

Does it make any difference that I paid it off early and got my completion certificate in June 2017?

Cheers James
James, if the certificate was issued in 2017 you should be off the Insolvency Register, but the IVA will still show on your credit report until the end (almost) of April.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
http://foggy.blogs.iva.co.uk

jimytttt

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Post by jimytttt » Wed Mar 24, 2021 7:11 pm
Thanks for the reply Foggy, I can't find a link that works to the insolvency register so I'm unable to check do you know one?.

Foggy

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Post by Foggy » Wed Mar 24, 2021 8:43 pm
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
http://foggy.blogs.iva.co.uk

jimytttt

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Joined: Sun Mar 21, 2021 4:13 pm

Post by jimytttt » Wed Mar 24, 2021 9:18 pm
That's great thanks Foggy, for some reason I couldn't look it up using my phone, I'm not on it though so fingers crossed I should be OK when it comes off credit report.

Ryan

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Post by Ryan » Thu Mar 25, 2021 11:27 am
Jimmy,
Hope it all works out, but please do make sure the company you are using has a lot of experience dealing with people in your position.
If they get it wrong, it would be difficult for another broker to take over and get it right.
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

jimytttt

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Joined: Sun Mar 21, 2021 4:13 pm

Post by jimytttt » Thu Mar 25, 2021 11:41 am
Ryan,
Contact me on xxxxxx email address removed by luluj xxxx please, sounds like your the man for the job.
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