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Settled my Iva is it still impossible to get a mortgage thanks 🙏🏻

So I settled my Iva in November and now want to get a mortgage hopefully 🙏🏻 is this completely impossible until my six years are up or can I hopefully get one 
thanks for any help . 

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  • RAS
    RAS Posts: 34,997 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Do you have your certificate yet?
    If you've have not made a mistake, you've made nothing
  • Specialist brokers will assist with ‘bad credit’ applications, however, you are normally expected to have a minimum of 10% deposit and you WILL pay a higher interest, which on a mortgage could be crucifying for some monthly and just not worth it so waiting til the 6 years are up could save thousands.
    If you believe you can, you will. If you believe you can't, you won't.

    Secured/Unsecured loans x 1 
    Credit Cards x 8 (total limit £51,300)
    Creation FS Retail Account x 1
    0% Overdraft x 1 (£0 / £250)
    Mortgage Outstanding - £138,087.38 (Payment 11/360)
    Total Debt = £1,125.00 (0%APR) @ £112.50pm


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