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Best place for mortgage

danielanthony
danielanthony Posts: 517 Forumite
edited 21 August 2013 at 4:28PM in Mortgages & endowments
Thanks for the info, think I know what my options are now!

Comments

  • GMS
    GMS Posts: 5,388 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    The IVA will be an issue for many lenders.

    Halifax won't lend to anybody with a previous bankruptcy or IVA. You are the second person on this forum to have been given poor advice from branch 'advisers' regarding this.

    Did your broker not come up with any other possibilities for you?
    I am a Mortgage Adviser
    You should note that this site doesn't check my status as a mortgage adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • GMS wrote: »
    The IVA will be an issue for many lenders.

    Halifax won't lend to anybody with a previous bankruptcy or IVA. You are the second person on this forum to have been given poor advice from branch 'advisers' regarding this.

    Did your broker not come up with any other possibilities for you?

    Nationwide, but they require all debts to be paid off in full which would leave us £15,000 short of what we need.

    Surprised that the IVA is such an issue as my first mortgage was with Britannia and the remortgage with ING, both mainstream lenders.

    Looks like that's it then :(
  • R_P_W
    R_P_W Posts: 1,528 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    What do you pay off credit cards using equity from the house?
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