Can You Get a Mortgage With an IVA?
Can you get a mortgage with an IVA? Yes. During an active IVA it is very difficult — your supervisor's consent is required and most lenders decline — but once the IVA is completed, specialist lenders will consider you immediately. Loughborough Building Society, Bluestone and Together Money all consider applications from IVA completion with a 25–30% deposit. The most important date is when the IVA drops off your credit file: six years from the start date, not completion.
Can I get a mortgage with an IVA that's still active?
It is possible but rare. You need written consent from your IVA supervisor, and most lenders will not proceed while the arrangement is running. Where it does happen, expect to need around a 30% deposit. If you are close to completion, waiting is usually the better route — the options widen considerably the day it finishes.
How long after an IVA can I get a mortgage?
You can apply from the day your IVA completes, though the deposit required falls sharply with time. At 0–12 months post-completion expect 25–30%. At 12–24 months, Aldermore becomes available at around 20%. Past three years, 10–15% is achievable, and once six years have passed from the IVA start date it drops off your file entirely.
Will an IVA show on my credit file after it's paid?
Yes, for six years from the date the IVA started — not from when it completed. A five-year IVA beginning in 2020 and finishing in 2025 would clear in 2026. That start date is the single most useful figure to know, because it tells you exactly when mainstream lending returns.
An IVA — active or completed — doesn't permanently close the door to a mortgage. Specialist lenders have specific criteria for IVA applications. Here's what you need to know.
Being declined feels personal. It isn't — banks use computers. Darryl uses judgement.