Mortgage after IVA?

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dominicthm@gmail.com

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Post by dominicthm@gmail.com » Sun Sep 06, 2020 6:04 pm
Are there any Lenders who will consider a mortgage after IVA. We are with Natwest now and looking to move, the IVA finished in February.
If I go online I get a yes to a decision in principle but I suspect once the iva question is asked the decision will change.
I found Natwest lending criteria on line which states they will not lend to anyone subject to an IVA in the past 6 years, not sure if this means six years from it starting or from it finishing.
Any advice would be very welcome.

Foggy

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Post by Foggy » Sun Sep 06, 2020 6:29 pm
I would suggest a whole of market broker with experience in adverse credit applications, as lenders policies do vary --- some will accept you as soon as your credit record clears, some three or even six years after completion and sone never again ! But, as usual the market is ever changing, so an expert in this field can be worth their weight in gold.

We have two brokers who regularly post here who it would be worth chatting to, both of whom have assisted many an ex IVA'er -- Ryan and Shaun. Their contact details can be gleaned from their profile pages at:

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

dominicthm@gmail.com

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Joined: Sat Sep 05, 2020 9:14 pm

Post by dominicthm@gmail.com » Sun Sep 06, 2020 6:33 pm
Thanks, I think you are probably correct, spoke to someone today who said they didn't think getting it approved with a lender would be a problem but they wanted £1995 paid once an offer had been made, this seems a bit expensive, anyone know what the going rate is?

Thanks for the reply

luluj

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Post by luluj » Sun Sep 06, 2020 6:36 pm
I am currently going through a remortgage with Ryan and his team - comes highly recommended and will be able to advise you fully. Everyone's circumstances are so different.
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"

luluj

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Post by luluj » Sun Sep 06, 2020 6:44 pm
dominicthm@gmail.com

Can you please amend your user ID to something other than you're email address please.
The forum discourages the use of email addresses to reduce the risk of receiving unsolicited emails. Please select a new user ID.

Thank you from the forum moderators.
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"

dominicthm@gmail.com

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Joined: Sat Sep 05, 2020 9:14 pm

Post by dominicthm@gmail.com » Sun Sep 06, 2020 7:04 pm
Sorry if I am been stupid, how do I change my username?

kallis3

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Post by kallis3 » Sun Sep 06, 2020 7:11 pm
I think you go into your profile and change it there. Not 100% as it's been a while since I've done that!
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk
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