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Mortgage after IVA
maidenm
Posts: 10 Forumite
Hi
I'm new to the forum and cannot find a post that answers my question. We have a IVA due to finish next year, what are our chances of getting a mortgage once it is settled and completed? Do we stand any chance or no chance at all, would it be better to wait till the IVA is completed till we look into getting a mortgage??? Help!!!:)
I'm new to the forum and cannot find a post that answers my question. We have a IVA due to finish next year, what are our chances of getting a mortgage once it is settled and completed? Do we stand any chance or no chance at all, would it be better to wait till the IVA is completed till we look into getting a mortgage??? Help!!!:)
0
Comments
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If you've the deposit for a mortgage. Then settling the IVA earlier will accelerate the healing process. You'll find mainstream lenders unwilling to lend for considerable time after settlement and when they do will require a sizable % deposit.0
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Dont have the money to settle IVA any sooner, but wanted to look into these things because i would like to think that the possibility of owning our own house again. Had a previous mortgage and paid that off when the house was sold, this was before the IVA was started but dont suppose that will count for anything now!!!0
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Hi
I'm new to the forum and cannot find a post that answers my question. We have a IVA due to finish next year, what are our chances of getting a mortgage once it is settled and completed? Do we stand any chance or no chance at all, would it be better to wait till the IVA is completed till we look into getting a mortgage??? Help!!!:)
Without knowing how much deposit you have saved up and likely property value it's impossible to say.0
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