Individual Voluntary Arrangements (IVA's) are an alternative to bankruptcy which offer people in debt the opportunity to reach a formal agreement with their creditors to settle their debts.

Taking out a mortgage when you are, or have been, under an IVA can be difficult without professional advice. Gloucester Mortgage Centre, as specialist mortgage advisers, could work with you to arrange a mortgage through a number of lenders with whom we have a long working relationship

Do you currently have an IVA or insolvency arrangement and need a mortgage, remortgage or secured loan? Whether you want to pay off your IVA early, clear your Trustee share or remortgage as part of a creditor proposition before you enter your IVA or insolvency arrangement - Gloucester Mortgage Centre could help.

The interest rate on this type of product may well be higher than mainstream mortgage rates due to the risk that they represent.

ENTERING INTO AN INDIVIDUAL VOLUNTARY ARRANGEMENT COULD HAVE AN IMPACT ON YOUR CREDIT RATING WHICH COULD CAUSE DIFFICULTIES OBTAINING CREDIT IN THE FUTURE.