My IVA was completed in October 2015 (Completion Certificate dated December 2015). I would like to get a mortgage as part of the government's Help to Buy equity loan scheme, I have a 5% deposit saved. I have just spoken to a mortgage advisor and they explained that I wasn't eligible for the Help to Buy scheme until at least 3 years after the IVA has been completed. She also said that even after the 3 years it would be a real struggle to get any mortgage. I feel so disheartened. I have worked to improve my credit score and I now have a good score with Experian with no reference of defaults/ IVA. Can anybody offer any advice please? Is there any way I could be eligible for the Help to Buy scheme or should I just give up? Any advice would be greatly appreciated.
Who is onlineUsers browsing this forum: phlip and 8 guests
Ask the IVA Experts a QuestionSimply complete form and you will get an answer from our IVA Experts (multiple replies within an hour *)
* Any use of this forum is conditional on you having read and agreed to our terms and conditions.
* If you enter your phone number, Vincent Bond and Co Ltd will give you a courtesy call to ensure that your question has been answered.
* The question will be posted on our forum, we will email you the location