Can my independent mortgage broker Leeds still get a mortgage with IVA even if it is unsatisfied?
If you’re looking for a mortgage and you’re using an independent mortgage broker Leeds the answer should be yes. Having an IVA either unsatisfied or satisfied should still allow you to obtain your mortgage finance. However, all client’s individual circumstances are different and unique. It would be prudent to discuss your IVA with your independent mortgage broker Leeds when you’re looking for a mortgage with IVA.
Declare the IVA to your independent mortgage broker Leeds
If you are looking for a mortgage with IVA then you must without doubt declare the fact of its existence to your independent mortgage broker Leeds. The IVA would be registered under public record which means it would be in the public arena and could be searched by anyone who may want to perform a search for any outstanding debts against you. Having a IVA registered against you can be very serious and will limit you to the number of mortgage lenders available to you.
Using your independent mortgage broker Leeds could save you time, effort and in most cases money
Having an IVA registered against you can really cause you a lot of problems when trying to apply for your new mortgage or remortgage. It would in most cases be declined if you were to attempt to obtain a mortgage via the high street. Using an independent mortgage broker Leeds could save you the time of going from bank to bank explaining the situation to them, it will save you the stress of being declined because of the IVA, it will help in so many ways. When you’re looking for any kind of bad credit mortgage but especially when you have an outstanding or historic IVA it really is the better less stressful route to getting your bad credit mortgage by using an independent mortgage broker Leeds.
How long will the IVA remain on my Experian or Equifax credit report
Your IVA will stay on your credit file for six years from the day it started. So, if your IVA was five years long then the record of it will only stay on for a further 12 months after the IVA ends. This means no matter what kind of finance you are looking for; it will undoubtedly have a detrimental effect on your ability to obtain finance now or in the future. If you need any further clarification when you’re looking to apply for a bad credit mortgage especially with an outstanding IVA, speak with your independent mortgage broker Leeds.
Having an IVA or existing credit problems or historic bad credit shouldn’t prevent you looking for your bad credit mortgage
It goes without saying that if you have had past credit problems or you currently have a IVA or default it really can make it more difficult to get a mortgage, although that doesn’t mean it will be impossible for you to buy a home or remortgage your existing home with bad credit. Some lenders but much more important to be aware of some more specialist lenders beyond the big high-street names – can accommodate borrowers who have a poor credit history.
Types of borrowers that a specialist mortgage lender may be able to assist are:
- Foreign nationals
- Foreign visas such as:
- Tier 1 visa
- Tier 2 visa
- Spousal visa
- Student visa
- Section 106
- Right to Buy
- Ex-Pat mortgages
There are many other reasons why using a specialist mortgage lender may be the solution you may need. Speaking with your independent mortgage broker Leeds you can discuss your individual bad credit mortgage requirements.
Let your independent mortgage broker Leeds assist you in finding the best bad credit mortgage
Using your independent mortgage broker Leeds to assist you in finding your perfect bad credit mortgage pays dividends check out our testimonials page. We have an amazing history of supporting foreign nationals with a Tier 2 visa, spousal visa and expat mortgages deals.
Why Choose Independent mortgage brokers Leeds for an IVA Mortgages?
Choose Independent mortgage brokers Leeds – we really are your bad credit mortgage company
Here at Independent mortgage brokers Leeds we have a wealth of experience in all types of mortgages as well as adverse credit mortgages. Putting all of this together it simply means that if you have an IVA in your name, we’re the independent mortgage brokers Leeds you need to approach for your bad credit mortgage needs.
Having an IVA could cause you a problem when applying for your bad credit mortgage.
We pride ourselves on our bad credit mortgage process, service, and results. An IVA is without doubt a problem when you begin your search for your bad credit mortgage. Your options are severely limited, the chance of even obtaining the agreement from even a specialist lender can be very difficult. However, speaking with your independent mortgage broker Leeds and working with them. Using the help of our expert advisers, we will look to pre-underwrite your bad credit mortgage, we will also provide you with the support from your dedicated case manager. Using an independent mortgage broker Leeds will surely give you a better chance of securing your bad credit mortgage with an IVA either unsatisfied or satisfied. Please discuss your requirements with your independent mortgage broker Leeds.