SPECIALIST ADVERSE CREDIT MORTGAGE ADVICE
Worried your credit history could affect your mortgage? Our specialist advisers can help you understand your options.
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Choose the option that best fits your situation.
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An Individual Voluntary Arrangement, active or completed, does not automatically block a mortgage. Whether it may be possible depends on where you are in the IVA, whether it has been fully satisfied, how you have managed payments within it, your deposit, income and wider credit conduct. Active IVAs need specialist lenders and usually the insolvency practitioner’s consent. Completed IVAs open more mainstream options as time passes.
IVAs are a common form of formal debt arrangement, and specialist lenders have criteria specifically for IVA applicants. The key distinction is whether the IVA is still active or has completed. Both cases can be workable, but the lender pool and criteria differ significantly.
The strongest supporting page we have covers timing after an IVA specifically. This page is the main IVA commercial hub. For anyone wondering when they can apply after IVA completion, the timing page will tell you more. For anyone weighing up options during or shortly after their IVA, this page is where you start.
We talk through your situation and goals. No obligation, no credit mark.
We assess the specifics and everything else lenders will want to know.
We target the specialist lenders whose criteria fit your case.
We package the case, submit it and guide you through to offer.
Adverse credit mortgages are not a sideline for us. Cases involving CCJs, defaults, IVAs, DMPs and bankruptcy discharges are a core part of what we do, and we have helped thousands of clients through them.
You will work with qualified, named advisors who explain things honestly, including when the timing is not yet right. We would rather give you a straight answer than send you towards a rejection.
In many cases, yes. Active IVAs need specialist lenders and usually the insolvency practitioner’s consent. Completed IVAs open more lender options. What may be possible depends on the IVA’s status, your payment history, deposit, income and wider credit conduct. Acceptance can never be guaranteed.
In some cases, yes. A small number of specialist lenders will consider applicants in an active IVA, typically requiring a clean payment history within the IVA, the insolvency practitioner’s consent and a meaningful deposit. Options are limited and rates reflect the added risk.
There is no single waiting period. Some specialist lenders will consider you immediately after completion. As time passes, more lenders open up, with mainstream options generally available around three to six years after completion. Our dedicated timing page covers this in more detail.
Usually, yes, for active IVAs. The IP will assess whether the mortgage affects the IVA and may require modifications to your arrangement. This is standard and part of the process specialist lenders expect.
Specialist lenders price for additional risk, so rates sit above mainstream products, particularly for active or recently completed IVAs. As the IVA ages and clean conduct builds, rates on subsequent remortgages usually improve.
In many cases, yes. Both files are still assessed but the clean-credit partner’s file strengthens the application significantly. The IVA-affected applicant will still narrow the lender pool, but choice is meaningfully wider than a single-applicant IVA case.
No. An initial conversation and a look at your situation is a soft enquiry and leaves no mark on your credit file. A hard search only happens later, with your permission, when you formally apply to a specific lender.
Our office is in Nottingham, at Park Lane Business Centre, NG6 0DW. You do not need to visit. We help IVA mortgage clients right across the UK by phone, email and video.
A short, free conversation is the quickest way to find out where you stand. No pressure, no jargon, and no mark on your credit file.
Think carefully before securing debts against your home. Your home may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it.
My Mortgage Specialist Ltd is authorised and regulated by the Financial Conduct Authority under Firm Reference Number 1002905, an Appointed Representative of TMG Direct Limited (FRN 786245) which is authorised and regulated by the Financial Conduct Authority. The guidance contained within this website is subject to the UK regulatory regime and is therefore targeted at consumers based in the UK.
Some types of buy to let mortgages are not regulated by the Financial Conduct Authority. As a mortgage is secured against your property, it could be repossessed if you do not keep up the mortgage repayments.
