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.
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