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Apply for a Mortgage with an IVA

Get a mortgage despite an ongoing or recent debt management plan. Borrow up to 6 times your income with only a 5% deposit.

Check your eligibility in 2 minutes.

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Individual Voluntary Arrangement? We can help.

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Minimum 5% deposit required

Only a 5% is required if you have been discharged for over 3 years. 15% or 10% deposit is required if less than 3 years. 

Our lenders consider IVAs

We have over 25 lenders on our panel that accept IVA. There are plenty of options still available to you, however, it will require the assistance of a mortgage broker to access these lenders. 

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Assess your credit report

It is important to have an up-to-date credit report to assess the impact of your IVAWe recommend using a 30-day free trial with checkmyfile.

Why Choose Us?

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Expert Advice

IVA Lenders

Low Interest Rate

Our fully qualified FCA advisors will identify the most suitable type of mortgage for you.

Our lenders specialise in people with credit issues.

We will compare the interest rates of over 50 lenders on our panel.

In this guide:

  • What is a IVA?

  • Will an IVA impact my mortgage application?

  • How much deposit do I need?

  • What happens if I missed payments on my DMP?

  • Should I pay off my IVA early?

What is an IVA?​


An individual voluntary arrangement is an agreement between you and your creditors to repay debts, which is legally binding. It is arranged by an insolvency practitioner.

The monthly payment and timeframe is agreed upon and interest is frozen. A lump sum payment can also be agreed. The debt is cleared at the end of the agreement. Unlike a DMP, an IVA will show up on your credit file. 

Will an IVA impact my mortgage application?

Having an IVA on your credit record will make it more difficult applying for a mortgage. It shows that you went through period of financial trouble, however it does indicate that you took steps to resolve these issues. Mortgage lenders will want to see evidence that the payments made on the IVA were on-time and in full. Speak to a mortgage advisor if you did not manage to make all payments on schedule. 

How much deposit do I need to put down?

The deposit amount is required depends on how recently the IVA was paid off. Please see the typical deposit amounts below:

Ongoing IVA - 30% deposit is required

Less than 1 year since IVA - 20% is required

Between 2 - 3 years since IVA - 15% deposit is required

Over 3 year since IVA - 5% deposit required

How long does an IVA stay on my credit file?

An IVA will stay on your credit file for 6 years. Sometimes an IVA is not recorded on your credit file, however a lender may see payments on your bank statements. Some lenders require a clean credit history after settling your IVA. 

Should I pay off my IVA early?

We always recommend you pay off your IVA as soon as possible. Time is one of the biggest factors when determining your mortgage options. A person who paid off their IVA 3 years ago will get a much better interest rate compared to someone who paid it off 1 year ago.  

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