TME - was beginning to lose hope!

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sophie993

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Joined: Thu Jul 30, 2020 7:25 pm

Post by sophie993 » Mon Jun 07, 2021 9:06 am
I just wanted to post a bit of a success story.

My partner started his IVA in 2015 and was discharged in October 2019.

I have some debts otherwise in a good position, we both earn good money.

I am so glad I posted on here the other month in desperation after being told

A) we can never get a mortgage due to our financial situation
B) we are looking at 35-40% deposit
C) we can only borrow 2 x our salary (on the South Coast this will not go far!).
D) we are looking at 5% interest rate

Someone on here recommended I contact TME and, now thanks to Michael we are putting our currently property on the market today and looking to use the equity for a new property, with a not so scary deposit %.

Sophie isn't my real name but Michael has been fantastic, supportive and non judgemental and I have every faith he will help us sort our dream home.

Any other such success stories with TME?

Foggy

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Joined: Fri Dec 17, 2010 11:14 am
Location: United Kingdom

Post by Foggy » Mon Jun 07, 2021 9:15 am
Great to hear things are looking up.

Both TME ( via Ryan) and Select (via Shaun) have helped many of those with an IVA in their past get placed with mortgages, often at High Street rates.

An IVA is not the 'death knell' many imagine it is. That said, an experienced broker is worth his or her weight in gold as they can direct applicants to the most suitable lenders, according to their individual circumstances, and avoid rejections making future applications harder.
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
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