www.iva.co.uk

Hi all,

I completed my IVA in June 2006 and am considering re-mortgaging (up to about 50% LTV by the way). I have had a quick internet search for mortgage products generally and one of the products with The Woolwich looks appealing. Does anyone know if The Woolwich entertain ex-IVA's or, alternatively can anyone suggest any other lenders?

Many thanks for any feedback.

Regards

Vinnie

Hi Vinnie - Tony ( Welshboy) will be able to advise you - you can contact him via the experts link on the left.

Hi
I would think with that size of equity you should be ok. Did your IVA run for more than three years ?
Regards

andydavie wrote:

Hi
I would think with that size of equity you should be ok. Did your IVA run for more than three years ?
Regards

Hi Andy,

Thanks for the reply. Yes, it did run for more than 3 years.

Vinnie

Swans_girl wrote:

Hi Vinnie - Tony ( Welshboy) will be able to advise you - you can contact him via the experts link on the left.

Thanks, I'll do that.

Try also HSBC. They are one of the few banks who dont use brokers. They will look at a mortgage once a IVA has been completed 1 year. They gave me a new mortgage back in February. Things may have changed since then but its worth a try.

Worth a try - they can only say no.

Hi
Interesting news about HSBC because they are the only bank, to my knowledge, that will actively search the insolvency register and close a bank account if they find that a customer has entered into an IVA.
Regards

Blimey, have HSBC nothing better to do!

HSBC and First Direct (sister companies) are well known for this. They will close the accounts of people who are bankrupt or in an IVA.

Glad I'm not on the team who have to trawl the list and match the accounts. The more I learn about being in debt and trying to sort it out and the responses of the creditors, the more my eyes are opened. Thanks for the info.

HSBC have a direct computer link - the program matches names and addresses to those of their clients and staff!J

I'm sure they don't care! At the end of the day they will be paid a wage.

They don't - you are right. Last year someone in Truro won a half share on the lottery - according to the papers at the time HSBC had previously forced b/r on him - when they discovered he had won the prize money they asked the person to bank with them again - what the Daily Mail said at the time was well worth reading! J

I hope they didn't!

You guys are a mine of information xxx