www.remortgageyourhome.co.uk
Can you get a mortgage after an IVA settlement? The simple answer is Yes
Getting a mortgage agreement after an IVA settlement might be much easier than you think. It will be much harder to get your usual high street lenders consider you for a remortgage but not completely of the question, however your success of getting a much a mortgage is more likely to be offered by a subprime lender. Subprime lenders, sometimes referred to as near-prime, subpar, non-prime, and second-chance lenders. Subprime lenders are specialists who lend to those who have had financial difficulty in the past with a poor credit history, in other words extending credit those who would otherwise not be able access any finance.
How much the lenders will loan to you will depend very much on your individual circumstances and a number of important factors. Such as how much can you afford each month, this will be calculated on your monthly income which must be at least 4 times your total income. How m...
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