IVA completed a year ago, been refused a mortgage

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ian626
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Joined: Wed Apr 26, 2017 5:17 am
by ian626 » Wed Apr 26, 2017 5:17 am
Hello, my IVA completed just over a year ago now but my bank won't give me a mortgage on a property that myself and my mother own outright as they said it needs to be clear for 3 years. Is this the case across the board or do I have other options out there? Thanks in advance
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luluj
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Joined: Sun Dec 09, 2007 6:54 am
by luluj » Wed Apr 26, 2017 6:15 am
We have two mortgage brokers as experts called Ryan and Shaun. Their details can be found on the members list.

Ryan - memberlist.php?mode=viewprofile&u=18488

Shaun -http://www.iva.co.uk/forum/memberlist.php?mode=viewprofile&u=22837

I can personally vouch for Ryan who has helped in excess of a 100 forum members gain mortgages when they thought it may have been impossible.
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Foggy
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Joined: Fri Dec 17, 2010 11:14 am
by Foggy » Wed Apr 26, 2017 6:58 am
Again, good advice from Luluj -- Ryan and Shaun have helped many ex IVA'ers get decent mortgage products. All lenders have theri own criteria regarding lending: some will never lend to you, others will lend right away. Ryan and Shaun will be able to match you to the best lender for your own set of circumstances.
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Michael Peoples
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Joined: Mon Nov 03, 2008 12:36 pm
by Michael Peoples » Wed Apr 26, 2017 8:13 am
A lot depends on when the IVA started rather than when it completed. It is worth giving Shaun Vickery from Select a call or Ryan and you should be able to get something resolved.
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Lisa Thomas
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Joined: Wed Dec 03, 2014 10:26 am
by Lisa Thomas » Wed Apr 26, 2017 9:16 am
It's usually 6 years from the start of your IVA.

You might find this quick video I made about cleaning up your credit record useful:

https://www.youtube.com/watch?v=PV4RzUY4BRM

Noddle and Clearscore are also free credit agencies to consider using:

https://www.noddle.co.uk/
https://www.clearscore.com/
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