Mortgage

Get expert opinion. This is the place for new questions to be posted.
7 posts Page 1 of 1
Post Reply
 
 

Kevwillo

User avatar
Posts: 58
Joined: Thu Aug 13, 2015 3:08 pm
Location:
Post by Kevwillo » Mon Sep 07, 2015 1:43 pm
Quote
Hi, wonder if any one can help. My IVA is due to finish in Feb 2016, we are desperate to move house, does anyone know if going with a broker (from this forum) if the % is really high still within an IVA? Or am i best waiting till next year? if so, how long do I have to wait before I can get another mortgage? Thanks
Top
 
 

kallis3

User avatar
Forum Expert
Posts: 77176
Joined: Mon Mar 17, 2008 4:02 pm
Location: United Kingdom
Post by kallis3 » Mon Sep 07, 2015 2:27 pm
Quote
Hi,

Contact either Shaun or Ryan (details on the left) and they will give you some advice.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk
Top
 
 

Michael Peoples

User avatar
Industry Expert
Posts: 15189
Joined: Mon Nov 03, 2008 12:36 pm
Location:
Post by Michael Peoples » Mon Sep 07, 2015 2:35 pm
Quote
It would be difficult to obtain any mortgage until six years after the IVA started. If your IVA has already been extended due to equity then the six years should expire around that time so speak to the experts and see what they say. At least you could start to have an informal look around to see what is about knowing it is an option in the New Year.
Michael Peoples | McCambridge Duffy Insolvency Practitioners
http://www.mccambridgeduffy.com
If you would like to talk to me about proposing an IVA or have any questions at all please visit www.mccambridgeduffy.com
Top
 
 

Kevwillo

User avatar
Posts: 58
Joined: Thu Aug 13, 2015 3:08 pm
Location:
Post by Kevwillo » Mon Sep 07, 2015 3:41 pm
Quote
Hi, yes my IVA was extended so in Feb 16 that will be 6 years. I will contact Shaun abnd Ryan thanks
Top
 
 

luluj

User avatar
Forum Expert
Posts: 11333
Joined: Sun Dec 09, 2007 6:54 am
Location: United Kingdom
Post by luluj » Mon Sep 07, 2015 9:34 pm
Quote
Everyone circumstances are different. Ryan will provide you with information and timescale you need to work to ... let us know how you get on xx
Sharing from experiences of dealing with debt

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

Look at my blog "All I wanted was a baby"
Top
 
 

mole

User avatar
Posts: 1304
Joined: Wed Mar 25, 2009 9:30 am
Location: United Kingdom
Post by mole » Mon Sep 07, 2015 9:40 pm
Quote
Kevwillo, if you have a totally clean credit file, there is no reason yo cannot try a mainstream leader straight away. With a clean CF, your salary and deposit will have more bearing on the outcome.
Top
 
 

Shaun Vickery

User avatar
Industry Expert
Posts: 940
Joined: Tue Feb 12, 2013 8:32 am
Location: United Kingdom
Post by Shaun Vickery » Mon Sep 14, 2015 12:40 pm
Quote
Whilst you are still in the IVA it is likely to be difficult and more expensive. I'd suggest you are certainly better waiting until the IVA is completed before you consider anything but of course it will also depend on the amount of deposit you have available, your income etc.
Specialist Mortgage Advisers. Highly Commended at the British Mortgage Awards.

For individual, confidential mortgage advice see my details under the IVA Experts or go to http://clients.theselectpartnership.co.uk/
Top
Post Reply
7 posts Page 1 of 1
Return to “Ask IVA Forum and Industry experts”