Do I need to declare an IVA after 6 years to get a mortgage?

Do I need to declare an IVA after 6 years to get a mortgage?

An Individual Voluntary Arrangement (IVA) can help you repay your debts through affordable, monthly payments but it can also make it difficult to get a mortgage. This is because, when assessing your mortgage application, mortgage lenders will check your credit history for evidence of a debt solution. If they find an active or past IVA, […]

How long does an IVA last?

How long does an IVA last?

Individual Voluntary Arrangements (or IVAs) can help you get your finances back on track by making regular monthly payments to your creditors (lenders you owe money to) until your debts are cleared for a brighter financial future. It is a popular debt solution for people struggling to pay their debts with agreed payments, such as […]

What is a Debt Relief Order?

A Debt Relief Order is a formal insolvency procedure to help you deal with debts you can’t afford to repay. It can be a cheaper alternative to some of the most popular debt solutions available on the market, such as an Individual Voluntary Arrangement (IVA) or bankruptcy. It can prevent you from having to pay […]