How Long After an IVA Can I Get a Mortgage?
There is no fixed minimum waiting period to get a mortgage after an IVA but the timing makes a significant difference to your options and rates. An IVA typically lasts 5-6 years. By the time it is discharged the underlying defaults are already approaching the 6-year mark.
🏦 What Lenders Look At
- Whether the IVA is discharged
- How long since the IVA was registered and discharged
- Clean credit behaviour since discharge
- Deposit size
- Current income stability
❓ Common Questions
When will an IVA come off my credit file?
An IVA is removed 6 years from the date it was registered not the date it was discharged.
Can I remortgage immediately after my IVA is discharged?
If your current lender offers a product transfer this is often the simplest option and may not be affected by your IVA at all.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP YOUR REPAYMENTS ON YOUR MORTGAGE OR ANY OTHER LOAN SECURED AGAINST IT.
This page is for general information only and does not constitute regulated financial advice. The Mortgage Geezer is a trading style of Access Financial Services Ltd who are authorised and regulated by the Financial Conduct Authority. The Financial Services Register number is 301173. Registered in England No. 04427489. Registered office address Access Financial Services Ltd, Unit 1 Furtho Court, Towcester Road, Old Stratford, Milton Keynes, MK19 6AN.