IVA's

An individual Voluntary Arrangement is an agreement between you and your creditors. This usually involves making one monthly payment out of your income for a set period of time. Clearly this can have a very significant effect on your ability to raise finance via the high street mortgage lenders.
We have lenders who completely ignore this type of adverse history.

Bankruptcy

Becoming bankrupt is not a fate worse than death, but it can feel pretty ruinous to be unable to pay one's debts. When a bankruptcy order is made, the conditions attached to the order are stringent and it is impossible to obtain any form of credit without disclosing the fact of bankruptcy. Even once you have been discharged as a bankrupt, after the usual three year period (though it can be longer), you will find it very difficult to obtain a mortgage. Regardless of your previous mortgage repayment record, no high street mortgage lender will consider your application. From their point of view the risk is simply unacceptable. We have lenders who will consider your mortgage on the day of discharge. In fact we can arrange a bridging loan to clear the bankruptcy, then a remortgage to pay off the bridging loan.