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Posted: Tue Apr 22, 2008 10:07 pm
by maria.a
My partner cleared his iva all in one go 16 months ago. Can he now get a mortgage? the mortgage will b with me, i ve an excellent credit rating, no loans amd im a home owner.
Posted: Tue Apr 22, 2008 10:08 pm
by MelanieGiles
Hi maria and welcome to the forum
I am sure that you and your partner will be able to find a mortgage, but it may be better to choose a broker who specialises in the adverse credit marketplace.
Posted: Tue Apr 22, 2008 10:10 pm
by Lisa2009
Hi maria and welcome.
Your partners IVA will be on his credit file for 6 years from the day of acceptance.
He may be able to get a mortgage but could be subject to higher interest rates.
Maybe it would be better to put the property in your sole name untill the IVA drops off your partners file??
Posted: Tue Apr 22, 2008 10:10 pm
by Lisa2009
LOL Melanie you beat me again.
Posted: Tue Apr 22, 2008 10:12 pm
by MelanieGiles
Fastest fingers in town!!