IVA mortgage

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katana2471
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by katana2471 » Wed Oct 10, 2018 9:12 pm
Hi was wondering is it possible to get a mortgage whilst in an IVA ?
Any information please
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kallis3
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by kallis3 » Wed Oct 10, 2018 10:29 pm
Hi,

Unlikely I'm afraid.
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Foggy
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by Foggy » Thu Oct 11, 2018 6:51 am
I would suggest a chat with Ryan and / or Shaun, who are both whole of market brokers with experience of adverse credit.

Their contact details can be found here: memberlist.php?mode=team Both are in yellow towards the bottom of the listing. Click on their names to bring up a profile with contact details in.
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Lisa Thomas
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by Lisa Thomas » Thu Oct 11, 2018 8:16 am
No, you will probably have to wait until:

a) your IVA is finished and you have your completion certificate
b) within 3 months of a) you have been taken off the register

and

c) 6 years has passed since the start of your IVA
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Ryan
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by Ryan » Thu Oct 11, 2018 8:33 am
As has been said you may well have to repay the IVA to be able to obtain a Mortgage. If you then had access to a large deposit there may be Lenders willing to lend before the 6 year anniversary of the start of the IVA.



Regards
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Shaun Vickery
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by Shaun Vickery » Thu Oct 11, 2018 4:43 pm
Are you looking to buy a house or re-mortgage an existing one?
Nikl
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by Nikl » Thu Oct 11, 2018 5:44 pm
Sorry to jump in on this post. Is it completely impossible to get a mortgage before the 6 year anniversary without the rates etc being sky high?
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kallis3
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by kallis3 » Thu Oct 11, 2018 6:28 pm
Speak to either Ryan or Shaun for some advice.
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