www.iva.co.uk

Hi, wondered if anyone could give me advice my last IVA payment was last July my final completion date was 4th October. The IVA no longer appears on my credit reports. I want to get some advice on taking out a mortgage in the next six months. I’ve got. 20k deposit gifted to me by my Mum I potentially have the option to by my council property at a 50% plus discount rough max market value is 220k so roughly would need to borrow 90k other option is to find a property of my own but obviously would need to borrow a lot more if I went down that route. Would like some good advice on my chances of getting a mortgage or what else I should be doing to improve my chances. I’m 35 so don’t want to hang around forever but don’t want to rush and be refused. Any advice much appreciated

I would suggest a chat with a whole of market broker with experience in adverse credit. We have two such who advise forum members and have helped quite few between them: Ryan and Shaun. Their contact details can be gleaned from their profile pages here:

Ryan: memberlist.php?mode=viewprofile&u=18488
Shaun: memberlist.php?mode=viewprofile&u=22837

Thanks Foggy I’ve dropped them some emails.

Hope you receive the responses you want ... getting on the ladder after an iva is a really good achievement and both Ryan and Shaun have been able to help lots of forum members

Yes thank you I’m in touch with Ryan’s team so fingers crossed they can tell me what need to do get myself in the right position.
Thanks for everyone’s help so far

Your welcome...am sure you it won't be long before you are celebrating !

Let us know how you get on.