Mortgage & IVA/Trust Deed

plaidparty

Hi

I was hoping someone might be able to give me some advice.

My trust deed ended in 2008 and there is no trace of it on my experian credit file.

I am keen on getting a mortgage and have a good income as well as a small deposit.

Can anyone shed any light on if this will be possible and whats the best process for me to go through?

I note that on them mortgage calculators it always asks if I have experienced in CCJ or bankruptcy and I don't think my trust deed will come under that.

Thanks so much

heston2014

Hi

Most lenders will either ask 'have you EVER entered into an IVA' or had an IVA in the LAST 6 years.

Find yourself a specialist broker who will be able to place you with a suitable lender. Currently going through the process after being declined by Natwest because of 'EVER'.

There are lenders who will consider ex-IVA, but I would recommend finding yourself a good broker who can help.

Good luck.