If you decide to move your mortgage to another lender they will perform a credit check on you. Depending on their lending policy, an IVA may stop another lender from giving you a mortgage, you will need to ask at the time. Alternatively your current lender might offer you another preferential interest rate without such strict credit rating criteria.
“What we like most about the help the Debt Advice Foundation provide is it’s balanced and fast. You’ll get the right solution suggested confidentially in hours not days.”
Re: my mortgage is up for renewal in 4 years time, how will ...
If you decide to move your mortgage to another lender they will perform a credit check on you. Depending on their lending policy, an IVA may stop another lender from giving you a mortgage, you will need to ask at the time. Alternatively your current lender might offer you another preferential interest rate without such strict credit rating criteria.
Post new comment