6+ years after start of iva mortgage

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Passey

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Post by Passey » Wed May 20, 2020 1:57 pm
My iva ended sept 2018 as on april 2020 my credit report is clear.

1 error on it but its with experian and equifax to clear this now.

Spoke mortgage brokers and none will touch us till at least 3+ years after the iva ended.

Looking to do a help to buy.

Since the start of the iva circumstances have changed new job with a big pay rise.

No debts or money issues at the moment and affordability from banks says they will lend us just after some help or any places to go to try and get this sorted.

Thanks.

Foggy

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Post by Foggy » Wed May 20, 2020 2:23 pm
You need to speak to a broker with experience in adverse credit applications -- there ARE lenders out there who will entertain you at reasonable rates, once the credit report is clear. Many posters here have been lucky in that regard.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
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Passey

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Post by Passey » Wed May 20, 2020 2:32 pm
Thats what i thought. Any idea of any brokers that are working at the moment with iva knowledge?

Credit report is clear appart feom one default showing in 2019 that is wrong. Hopefully hear back some poit. This week with it fixed.

Shaun Vickery

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Post by Shaun Vickery » Wed May 20, 2020 3:03 pm
Hi Passey. Firstly congratulations on getting to this stage. Depending on your other circumstances there should be a competitive lender willing to consider your application but not all will (some ever). It sounds like you have made a start on preparation, which is key but some specialist advice may well be necessary.
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luluj

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Post by luluj » Wed May 20, 2020 8:27 pm
Passey - there are definitely brokers out there that can offer you assistance.

Take a look through some of the similar posts over the last few days - you may find some names to contact, with feedback from other forum posters that have successfully gained mortgages through their support
Sharing from experiences of dealing with debt

There is a solution for everyone .... Just need to stay positive !

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