Published 9 September 2014 · Last reviewed 1 May 2026

I can help you get a Mortgage but everything does depend on your circumstances around the Individual Voluntary Arrangement (IVA) that you entered. Better yet I don’t charge any upfront fees so you really have nothing to lose.

How do I get a mortgage if I’ve had severe credit problems in the past? The first rule is, don’t trust whatever anyone says that’s because not everybody specialises in this sector, and frankly most of the people you will speak to have not got a clue about how to deal with this niche part of the mortgage sector. I believe I’m one of these elite knows detailed information on IVA mortgages and I am more than happy to discuss this with you.

I have helped many clients who have been discharged bankrupts or have entered into IVA’s get a mortgage – but I’m not the lie to you – it is a pain – and you are required to provide a lot more documentation than your average high street case but I’m here to hold your hand every step of the way.

Couple of key points to consider before you get in touch with me:

Mortgage after Completed IVA Costs:

If your IVA occurred within the last couple of years then the rates are not going to be pretty so get yourself ready to be paying around about 6 to 7%, and the lender fees are generally quite high. So what we can do is provide give you the full written breakdown upon enquiry before you sign up.

More importantly you need to ensure that you have affordability for the repayments based on these interest rates; so a good salary is usually vital when it comes to a new mortgage application.

Mortgage after Completed IVA Deposit

Deposits for IVA mortgages need to be at least 30% deposit if it occurred within the last three years.

If the completion of the IVA is over three years old then we may be able to provide a ‘high street lender’ solution but I would still recommend putting down around 25% deposit to reassure the underwriters.

Depending on the lender they may accept a ‘gift’ towards the deposit from an immediate relation.

It all really depends on what’s on your credit file so it’s definitely worth a conversation with me.

Mortgage after Completed IVA Underwriting Criteria:

Needless to say, if you’ve had further credit problems after the IVA there is absolutely no chance of you getting a mortgage until the IVA has ‘dropped off’ your credit profile (normally 6 years after registration).

The lenders also like to see you had a good profile before the incident that led to the IVA. They also like the incident itself to be attributed to a major event such as long-term illness, job loss, relationship breakdown etc. In another words life changing events.

If you were repossessed or voluntarily surrendered your home you are looking at a minimum of 30% as a deposit.

I have written extensively about getting a mortgage with past bankruptcy or Individual Voluntary Arrangements. So be sure to check out my guides on the subjects which will give you more information about the process. Some of the documentation needed to be successful in getting a mortgage.

Getting a mortgage with an IVA guide 2018

Getting a mortgage with bankruptcy guide 2018

I hope of giving you a general overview of what you need to be prepared for if you are looking to get a mortgage with past bankruptcy or IVA.

The detail herein is for information purposes only, full advice and recommendation for your individual circumstances can be provided at point of sale. You should not attempt to obtain a mortgage if you have had a past bankruptcy or an Individual Voluntary Arrangement (IVA) without seeking professional advice, such as that available from Niche Advice, as it is complicated subject.

Like the financial of why finally saying as a mortgage broker dealing within this very specialist sector. We are on your side and will try to do everything we can to get you a mortgage. More importantly, I promise not charge you a penny until we have actually got your mortgage which I think is very fair.

For more information on getting a Mortgage after Completed IVA. Please complete the online enquiry form on this page or alternatively call me on (020) 7903 2044.

Payam Azadi is a partner at Niche Advice Ltd who are Independent Financial and Mortgage Advisers in London and is an experts in getting a mortgage for doctors in the UK.