To be honest the actual score isn't too important for us, it's more important that all 3 credit reports (Experian, Equifax and Callcredit/Noddle) are all clear and up to date. As you are over 6 years from the IVA start date I'm sure that we would be able to assist you, if you were to contact us, as fortunately we have been able to do for many others in similar situations.
It would depend on your personal situation as to what may be best for you and we can't really offer any advice in this regards unless we had gone through a fact-find, etc to truly know your circumstances, future planes, etc. Most Mortgage calculators that are available on-line don't really take into account such things as IVAs when they say who may lend and even go so far as quoting interest rates - they can be very mis-leading unfortunately.
JazzyKo wrote:Got a question here. Can I take a mortgage with floating rate after I completed my IVA 1 year ago? These mortgage tips https://tranio.com/traniopedia/tips/for ... -pitfalls/ suggest that floating rate is more risky. Is it connected to my profile in any way at all? I'd like to stick to floating rate only if it is safe and really worth doing
I am not sure that UK lenders will offer a floating rate on a domestic mortgage --- the nearest you will get would be their variable rates. If you could I, personally, wouldn't go for it unless I could afford the repayment if it doubled. The interest rate any lender will offer will depend upon the risk they are taking ( higher risk = higher interest). This is calculated using many criteria, includd in which are loan to value ratios (higher deposit = lower risk) as well as your credit profile (dodgy profile = higher risk).
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