IVA Mortgage: Can You Still Get a Mortgage After an Individual Voluntary Arrangement?

If you’ve had an IVA (Individual Voluntary Arrangement), you may believe your dream of owning a home is over. But here’s the truth: you can still get an IVA mortgage — it just requires the right approach, timing, and preparation. In this guide, we’ll walk you through everything you need to know to secure a mortgage after an IVA in 2025.

If you’re also exploring other bad credit options, see our Bad Credit Mortgage page for more tailored solutions.

Reviewed by Jason Foord, Director at Verifi Mortgages | FCA No. 997175 | Last reviewed: April 2026

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What Is an IVA and Why Does It Affect Mortgage Applications?

An IVA is a formal agreement between you and your creditors to repay debts over time, typically five to six years. It’s legally binding and shows up on your credit file for six years from the start date, which impacts your credit score — and therefore your ability to get a mortgage.
🧠 Want to better understand how IVAs work?

The UK Government explains the IVA process here

IVA mortgage consultation with worried family and adviser discussing housing options and formal debt agreement.

The Impact of IVAs in the UK: Why This Matters

⚠️ As many as 40% of IVA cases may have been mis-sold, leaving people in worse financial positions.

🧾 Over 74,000 IVAs were registered in the UK in 2023 alone (Insolvency Service).

🚫 A recent survey revealed 58% of people with IVAs believe they’ll never be eligible for a mortgage.

❗ Around 1 in 3 people enter an IVA without fully understanding what it is or how it affects them long-term.

The good news is — this is not true. You can get a mortgage with an IVA, and specialist lenders are becoming more open to these types of applications.

Can I Get a Mortgage After an IVA?

Not everyone qualifies straight away — but if you’ve completed your IVA and manage your finances well, your chances of approval improve significantly. Lenders will want to see evidence of financial recovery and consistency.

Key Factors That Help You Get Approved After an IVA:

Your IVA has been completed and marked as satisfied
Lenders are far more open to applicants once the IVA is fully paid off and closed.

You’ve started rebuilding your credit history
Use a credit-builder card or small loan (paid on time) to show you’re financially responsible.

You haven’t had any new credit issues since the IVA
No missed payments or defaults since your IVA helps rebuild lender trust.

You can demonstrate affordability and financial stability
Lenders will want to see a steady income, manageable debts, and proof you can handle repayments.

You’ve saved a decent deposit
Some lenders may accept 15%, but 20%+ will open up better deals.

You’ve spoken to an IVA mortgage specialist
A broker who deals with IVA cases can match you with lenders who are more likely to say yes.

What Documents Do You Need for an IVA Mortgage?

Being prepared makes all the difference. Here’s what lenders will usually ask for:

📄 IVA Completion Certificate

Proof that your IVA is satisfied.

📊 Credit Report

Showing no new defaults or CCJs.

🪪 Photo ID

Valid passport or driving licence.

🏠 Proof of Address

Recent utility bill or bank statement.

💰 3 Months’ Payslips or SA302

Depending on your employment status.

🏦 3 Months’ Bank Statements

To verify income and spending habits.

Is It Worth Using a Specialist Broker?

Absolutely. Many high street lenders won’t approve a mortgage for applicants with an IVA history. Specialist brokers work with lenders who assess your whole financial situation — not just your credit file.

A broker can:

Identify which lenders accept IVA cases.

Help you gather the right documents

Improve your application to increase approval chances.

Frequently Asked Questions About IVA Mortgages

Yes, most lenders will require a minimum of 15% deposit, though some may ask for 20% or more, depending on how recent your IVA was and your credit profile since then.

Yes. Lenders may charge higher interest rates if you have a history of adverse credit, including an IVA. However, rates become more competitive the further you are from your IVA completion date and with a larger deposit (15–25%).

You can apply for a mortgage immediately after your IVA is marked as satisfied, and some specialist lenders will consider your application straight away. However, more lenders become available 12–36 months after completion, especially if you’ve had no missed payments or new credit issues during that time.

Most high street lenders will not accept applicants who are still in an active IVA. However, some specialist lenders may consider you if you have a large deposit and a strong financial track record. In most cases, it’s recommended to wait until your IVA is completed and marked as satisfied.

You’ll typically need:

Your IVA completion certificate

Credit report showing no new issues

Photo ID (e.g., passport or driving licence)

Proof of address (recent utility bill or statement)

3 months’ payslips or SA302 if self-employed

3 months’ bank statements

Final Thoughts: IVA Doesn’t Mean No Mortgage

Having had an IVA doesn’t automatically exclude you from homeownership. It just means you’ll need to work with the right professionals, time your application properly, and provide the correct documentation.

With a clear financial track record and a strong deposit, you could be mortgage-ready in 2025.
Need broader help? Learn about other routes on our Bad Credit Mortgage page.

Ready to Start Your IVA Mortgage Journey?

Even with an IVA, your dream of owning a home is still within reach. Let our expert team help you navigate the process with confidence and clarity. We specialise in turning “not possible” into “approved.

An IVA mortgage is possible with the right strategy, timing, and broker support

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