Mortgage Broker Support
Our research indicates that IVA recipients can benefit from collaborating with a mortgage broker.
A mortgage broker can assist you in locating a suitable mortgage lender, guide you through the mortgage application and procedure, and advise you on increasing your likelihood of getting a mortgage before approval.
Practical Tips for IVA Holders Seeking a Mortgage
Obtain Your IVA Completion Certificate
In our experience, obtaining your IVA completion certificate is essential as evidence that you have satisfied the agreement’s terms. Mortgage lenders may request this document during the application procedure.
Build a Stronger Credit Profile
As stated previously, rebuilding credit after an IVA is crucial to get a mortgage again.
By responsibly managing your finances and demonstrating good financial practises, you can improve your credit profile and increase your chances of being approved for getting a mortgage again.