Mortgage doubts. What happens when iva finishes?

Get expert opinion. This is the place for new questions to be posted.
6 posts Page 1 of 1
User avatar
Posts: 1
Joined: Thu May 11, 2017 3:17 am
by sam938 » Thu May 11, 2017 3:17 am
Hi i fin my iva in jan 2018 and am wondering if this would ever stop me getting a mortgage if i started saving when i have paid off iva i am only 29 years old
User avatar
Forum Expert
Posts: 22413
Joined: Fri Dec 17, 2010 11:14 am
by Foggy » Thu May 11, 2017 6:51 am
Hi. No it won't stop you getting a mortgage. Many of us have got mortgages as soon as the credit files have cleared ..... but the help of a broker is a good idea.
Some lenders will consider you right away, some will never consider you ... you need to approach the right ones.
User avatar
Industry Expert
Posts: 526
Joined: Thu Nov 03, 2011 10:03 pm
by Ryan » Thu May 11, 2017 7:30 am
Hi Sam,

If you were to contact us we would be happy to discuss your situation.

User avatar
Forum Expert
Posts: 9650
Joined: Sun Dec 09, 2007 6:54 am
by luluj » Thu May 11, 2017 9:44 am
I am living proof that through the use of a expert broker I have gained a mortgage after my iva.
Ryan and his team were able to identify suitable mortgage products to get us back on the housing ladder - everyone is different with their unique set of circumstances but using a broker takes away the pressure somewhat.
User avatar
Lisa Thomas
Industry Expert
Posts: 5557
Joined: Wed Dec 03, 2014 10:26 am
by Lisa Thomas » Fri May 12, 2017 8:20 am
Unlikely it will stop you. Once your IVA is finished, you have your CC and have come off the register and 6 years since the start of your IVA has passed you should be able to tidy up your credit history.

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

Noddle and Clearscore are also free credit agencies to consider using:
User avatar
Forum Expert
Posts: 71187
Joined: Mon Mar 17, 2008 4:02 pm
by kallis3 » Fri May 12, 2017 8:23 am
I agree with luluj- contact Ryan or Shaun for some advice.
6 posts Page 1 of 1
Return to “Ask IVA Forum and Industry experts”

Who is online

Users browsing this forum: No registered users and 3 guests