No Flannel. No Jargon.
Just the Best Mortgage for You.
High Street banks only show you their own products and make you wait weeks. We scan the whole UK market — 90+ lenders — to find your best rate, fix complex credit issues, and handle all the paperwork. Fast.
Where the High Street Fails,
We Step In
Whatever your circumstances — good credit, bad credit, self-employed, buying your first home or your fifth — The Mortgage Geezer has the expertise and lender access to find you the right deal.
Mortgage Advice
Done Differently
The Original
Mortgage Geezer
Straight-talking Darryl Dhoffer has been in the mortgage industry since 2004 and advising people on the best way to finance their home since 2015. Known for his no-nonsense approach and genuine care for his clients, Darryl has helped hundreds of people get the mortgage they deserve.
Whether you're a first-time buyer nervous about your first step onto the ladder, someone with a tricky credit history, or a seasoned property investor — Darryl has seen it all and knows how to help.
When he's not securing great deals for clients, Darryl can be found dispensing mortgage wisdom to his growing TikTok audience — helping a new generation understand mortgages without the jargon.
⭐ Five-Star Service.
Every Time.
Don't take our word for it — here's what real clients say about working with Darryl. 5.0 stars across 44 verified Google reviews. Individual results may vary.
"Darryl was absolutely amazing from the first phone-call to the very quick mortgage offer! As first-time buyers who weren't even sure we could get a mortgage, this actually feels like nothing short of a miracle! Darryl found us a much better rate with a high street lender after another broker incorrectly told us we needed a specialist lender. Darryl explained everything clearly and was reassuring during the whole process. He was also extremely quick to reply to any queries and put our mind at ease that we would be successful. We would absolutely recommend him and use his services again. 🤩🤩🤩🤩🤩"
"Darryl has been sorting my mortgage out for years now, always honest, professional and just a great guy to work with. Will always get back to you promptly and do his utmost to sort out the best deals. I'd give more stars if I could!"
"Unbelievably good experience with Darryl. From start to finish everything was so smooth, so easy all the way to mortgage offer. One quick call, easy upload of documents, and our mortgage was sorted. Can't recommend highly enough."
"I cannot speak highly enough of Darryl. After approaching him with what I thought was a tricky case, he immediately put my nerves at ease. Within a few weeks he had secured us a deal and we are now waiting to move into our forever home."
Frequently Asked
Questions
The questions we get asked most often — answered honestly and in plain English by Darryl.
Serving Clients
Across the UK
Based in Bedford, we advise clients online and over the phone nationwide. We have particular experience serving Bedfordshire, Buckinghamshire, Hertfordshire and Milton Keynes.
Ready to Cut Through
the Noise?
Book your free, no-obligation call with Darryl today. No jargon, no pressure, just straight-talking mortgage advice.
First Time Buyer
Mortgages
Getting on the property ladder for the first time? We search 90+ lenders to find you the best deal — and hold your hand every step of the way.
Your First Home — Made Simple
Many first-time buyers contact us to see how we can get them the best mortgage deal tailored to their individual needs. We search thousands of mortgages from over 90 lenders and have access to exclusive deals not available on the high street.
We also take care of the admin, help you choose a suitable solicitor, and make sure you get suitable protection cover so you can feel safe that your mortgage will always get paid.
Why Choose The Mortgage Geezer?
- We are the top Google 5 Star Rated independent mortgage brokers in Bedford
- We offer unbiased, honest, and impartial advice
- We have access to exclusive mortgages not available on the high street
- We take care of all the admin so you don't have to
- We make sure you get suitable protection cover
- We help you choose the right solicitor for your purchase
How Much Can I Borrow?
Most lenders will allow you to borrow between 4 and 4.5 times your annual income. Some specialist lenders will go up to 5 or even 5.5 times income depending on your circumstances. Use our free affordability calculator on the TMG Hub to get an estimate.
Darryl's Tip: Don't just apply to your own bank — they only offer their own products. As whole-of-market brokers, we search deals from 90+ lenders and often find rates and products you'd never find on the high street.
What Deposit Do I Need?
The minimum deposit is typically 5% of the property value. The larger your deposit, the better the mortgage rates available to you. With a 10% deposit you'll access significantly better rates than with 5%, and at 15-20% the deals get even better.
How Does the Process Work?
- Step 1: Free initial call with Darryl — we assess your situation and budget
- Step 2: Agreement in Principle — we get you a decision in principle quickly
- Step 3: Property search — with your AIP you can make offers with confidence
- Step 4: Mortgage application — we handle all the paperwork
- Step 5: Mortgage offer — congratulations, you're ready to complete!
Ready to Buy Your First Home?
Book your free call with Darryl today and take your first step onto the property ladder.
Bad Credit
Mortgages
CCJs, defaults, missed payments, IVAs, bankruptcy — we specialise in finding mortgages for people the high street turns away.
Yes — in most cases. The UK has a dedicated market of specialist lenders who exist specifically for borrowers with adverse credit histories. High street banks use automated scoring that auto-declines anything outside their criteria. Specialist lenders assess cases manually, looking at the full picture: what happened, when, how severe, and what's changed since. Darryl has found mortgages for clients who were declined by three different high street banks.
What Counts as Bad Credit for a Mortgage?
Lenders assess credit issues by type, severity, recency and value. Understanding where your situation sits on this spectrum is the first step to knowing your options.
Undischarged bankruptcy · Active IVA · Repossession in the last 3 years · Multiple recent defaults and CCJs · Mortgage arrears in the last 12 months
Satisfied CCJ in the last 2 years · Completed IVA (post 12 months) · DMP (completed or active) · Defaults 12–36 months ago · Missed mortgage payments over 12 months ago
Old satisfied CCJ (3+ years) · Old defaults (3+ years) · Low credit score from lack of history · Occasional missed unsecured payments (2+ years ago) · Payday loan use (3+ years ago)
How Specialist Lenders Actually Assess Bad Credit
Unlike high street banks which rely on automated credit scoring, specialist lenders use manual underwriting. A human underwriter reads your application and makes a judgement. They consider:
Deposit Requirements with Bad Credit
The deposit you'll need depends on the severity and recency of your credit issues. Here's a realistic guide for 2026:
These are indicative figures only. Actual requirements depend on individual circumstances, lender criteria and your full credit profile. Speak to Darryl for a personalised assessment.
Why You Need a Bad Credit Mortgage Broker
This is not a situation where you should apply directly to a lender. Here's why:
Hard credit searches leave footprints on your file. Multiple rejections in a short period make the next application harder. A specialist broker identifies the right lender before any application is made.
Lenders like Kensington, Pepper Money, Bluestone and Together only accept applications through regulated brokers. You simply can't access them yourself.
How your application is presented to an underwriter matters enormously. Darryl packages every application to tell your financial story clearly — explaining past issues, evidencing recovery, and presenting you in the strongest possible light.
Darryl doesn't just find you a mortgage today. He plans the remortgage strategy too — when to switch, what improvements to make, how to access better rates as your credit recovers. Typically within 2–3 years.
How to Apply for a Bad Credit Mortgage
Experian, Equifax and TransUnion each hold slightly different information. Check all three — or use CheckMyFile which combines all three into one report. Know exactly what's on your file before Darryl does.
No judgement, no obligation. Darryl will review your situation honestly and tell you exactly what's achievable, on what terms, and with which lenders. If the timing isn't right, he'll tell you what to do to improve your position.
Before any formal application, Darryl secures an Agreement in Principle using a soft credit search where possible — no footprint on your file. This confirms what you can borrow and shows sellers you're serious.
Darryl handles the paperwork and presents your case to the lender's underwriter. This includes an explanation letter for your credit history where appropriate — something high street banks never allow.
On receiving your mortgage offer, Darryl maps out your remortgage plan — typically in 2–3 years, as your credit improves, to access significantly better rates. Your first bad credit mortgage is the beginning of the journey, not the end.
Frequently Asked Questions
Will applying for a bad credit mortgage hurt my credit score?
Every formal mortgage application involves a hard credit search which leaves a footprint on your file. Multiple footprints in a short period signal urgency to lenders and can reduce your score further. This is why it's critical to work with a broker who identifies the right lender before applying — Darryl typically uses soft searches at the Decision in Principle stage to protect your file.
How long does bad credit stay on my file?
Most adverse credit markers — CCJs, defaults, IVAs, missed payments — remain on your credit file for six years from the date they were registered. The critical point is that lenders care much more about recency than whether something is there at all. A three-year-old satisfied CCJ is a very different risk profile to a three-month-old unsatisfied one. Once items drop off after six years, your options improve significantly.
Should I wait for my credit to improve before applying?
Sometimes yes, sometimes no — it depends on your specific situation. If an issue is three months old, waiting another 9 months could open significantly better options. If you're already three years out and your situation is otherwise strong, waiting may cost you in rent that could have been mortgage payments. Darryl will give you an honest assessment of whether now is the right time or whether a period of preparation would materially improve your outcome.
Can I get a bad credit mortgage as a first-time buyer?
Yes. Being a first-time buyer and having bad credit is more complex but entirely achievable with the right broker. Some specialist lenders actually prefer first-time buyers because there's no previous mortgage history to complicate the picture. The key factors are deposit size, the nature of your credit issues, and your current income stability.
What are the interest rates like on bad credit mortgages?
Specialist lenders charge higher rates to reflect the additional risk — typically 1% to 4% above mainstream rates depending on the severity of your credit issues. However, the market has become more competitive since 2024. More importantly, this is not your permanent rate. Once your credit recovers and the adverse markers age, Darryl will remortgage you onto far better deals. The plan from day one is always to improve your position over time.
Do payday loans affect my mortgage application?
Yes — payday loans are viewed negatively by many lenders as they suggest financial stress. Most mainstream lenders will decline any application showing payday loan use in the last 12 months. Some will consider applications if the last payday loan was over 12 months ago. Specialist lenders are more flexible but will still factor this into their assessment. If you used payday loans more than 2–3 years ago, the impact diminishes significantly.
Darryl has been arranging mortgages since 2015 and has helped hundreds of clients with adverse credit histories get the mortgage they deserved. He has first-hand relationships with the underwriting teams at specialist lenders including Kensington, Pepper Money, Bluestone, Together, Aldermore and more. When the high street says no, Darryl knows who to call.
Every Type of Bad Credit — Explained for Mortgage Purposes
Not all bad credit is the same. Here is exactly how lenders treat each type in 2026:
The most common and least severe form of adverse credit. A single missed payment on a credit card 2+ years ago barely registers with specialist lenders. Lenders distinguish between missed payments on secured debt (mortgage — very serious) and unsecured debt (credit card, phone — much less serious). Patterns matter too — 3 missed payments in a row is very different to 3 isolated missed payments over 5 years.
A default is registered when a creditor gives up chasing missed payments — typically after 3–6 months of non-payment. It is more serious than a missed payment but less serious than a CCJ. Like CCJs, defaults can be satisfied (paid off) or unsatisfied. The age and value of the default are the key factors. A single satisfied default from 4 years ago with a 15% deposit is very manageable. Multiple recent high-value defaults require a specialist approach.
A formal court order for unpaid debt. More serious than a default as it involves legal proceedings. Stays on file for six years. Key factors: satisfied/unsatisfied, age, value, number. Pepper Money's 2026 criteria states CCJs do not need to be satisfied, have no value limit, and can be registered as recently as 6 months ago on some products — this is why lender selection matters enormously. A high street bank sees a CCJ and declines automatically. Pepper Money reads the full story.
Payday loans signal financial stress to lenders even when fully repaid. Most mainstream lenders decline any application showing payday loan use in the last 12 months. Some specialist lenders will consider applications where the last payday loan was over 12 months ago. After 2 years the impact diminishes significantly. If you used payday loans during a difficult period and have since stabilised, this does not prevent a mortgage — but timing and lender selection are everything.
Previous mortgage arrears are viewed very seriously — more so than most other adverse credit. If you have had mortgage arrears in the last 12 months, your options are extremely limited. Most specialist lenders want to see at least 12 months of clean mortgage payment history before considering an application. Arrears from 2+ years ago with a clean subsequent record are more manageable — but still require a specialist broker.
Previous repossession is among the most serious adverse credit events for mortgage purposes. Most specialist lenders require at least 3 years to have passed since repossession — and even then, significant deposits (25–35%) are typically required. The circumstances matter — a repossession following redundancy or illness is viewed more sympathetically tha one following deliberate non-payment. Darryl has placed mortgages for clients with historical repossessions, but these cases require significant expertise.
Bankruptcy is discharged after 12 months in England and Wales. Some specialist lenders will consider mortgage applications from day one post-discharge — though deposits of 25–30% are typically required in the early years. The bankruptcy stays on your credit file for six years from the declaration date. As with IVAs, if asked on a mortgage application whether you have ever been bankrupt, you must answer truthfully even after the 6-year period has passed.
A low credit score is not the same as bad credit — it may simply reflect a thin credit file (not much borrowing history) rather than any adverse events. Some lenders dislike thin files because they can't assess risk. The fix is relatively straightforward: register on the electoral roll, get a credit-builder credit card, pay all bills on time. No credit history at all — perhaps because you have lived abroad — is a specific niche that some lenders accommodate with the right documentation.
Joint Mortgage Applications with Bad Credit
One of the most common scenarios Darryl encounters — and one that competitors rarely cover well — is joint applications where one applicant has adverse credit.
In a joint mortgage, lenders assess BOTH applicants' credit profiles. The adverse credit on one file restricts the lenders available for the joint application — the clean-credit partner cannot simply be treated independently. However, the stronger the clean-credit partner's income and profile, the more it compensates. A 30% deposit with one applicant having a satisfied CCJ from 3 years ago and a clean co-applicant with a strong income is very achievable.
Sometimes clients ask whether the partner with bad credit should simply be excluded from the application. This can work from a credit perspective — but the trade-off is that only one income is used for affordability purposes, often reducing how much you can borrow. Darryl models both scenarios: joint (both incomes, both credit profiles) vs sole (one income, clean credit) to identify the better outcome for your specific numbers.
Remortgaging with Bad Credit
Remortgaging with bad credit is different to purchasing — and in some ways it is actually easier, because you already have equity and a payment history on your existing mortgage.
If your current deal is ending, your existing lender may offer you a product transfer — switching to a new rate without a full remortgage application. This avoids a new credit check in most cases. Your existing lender already knows your payment history and in many cases will offer a new deal even if your credit has deteriorated since you originally applied. This is worth exploring before any formal remortgage application.
If you want to switch lender, release equity, or consolidate debts, a full remortgage is required. The good news is that equity built up in your property is a significant asset — the more equity you have (lower LTV), the more lenders are willing to overlook adverse credit. A 50% LTV remortgage with adverse credit is far more achievable than a 90% LTV purchase with the same credit profile.
Consolidating unsecured debt (credit cards, loans) into your mortgage by remortgaging can reduce your monthly outgoings significantly — but it converts short-term debt into long-term secured debt. You will pay less each month but potentially more in total interest over the mortgage term. This requires careful calculation. Darryl will model the full picture before recommending this route.
Your 6-Month Action Plan Before Applying
The 6 months before a bad credit mortgage application are more important than most people realise. Here is exactly what to do:
Use Checkmyfile to get Experian, Equifax and TransUnion in one report. Identify every adverse marker — date, value, satisfied/unsatisfied. Dispute any errors in writing immediately. Check electoral roll registration. This is your starting point.
Share your credit reports. Darryl will give you a completely honest assessment: what's achievable now, what's achievable in 6 months, what lenders are realistic. If paying off any outstanding debts would materially improve your options, he will tell you exactly which ones and in what order.
Zero gambling transactions. No overdraft use. All existing credit paid on time. Build a consistent monthly surplus. If you have a credit card, keep the balance below 30% of the limit and pay it in full each month. Avoid any new credit applications — each hard search leaves a footprint.
Payslips (last 3 months), P60 (last 2 years), bank statements (last 6 months), photo ID, proof of address, satisfaction certificates for any paid CCJs or defaults, explanation letter for adverse events (Darryl will help draft this). Having everything ready avoids delays that can lose property purchases.
Darryl submits for an AIP with the right specialist lender using a soft search where possible. This confirms your borrowing and puts you in a strong position to make offers on property. The formal application follows once you have an accepted offer.
Which Specialist Lenders Consider Bad Credit in 2026?
These lenders work exclusively through FCA-regulated brokers — you cannot approach them directly. Darryl has established relationships with all of them:
One of the most flexible specialist lenders. Considers CCJs registered as recently as 6 months ago with no value limit on some products. No minimum credit score requirement.
Strong for complex cases including multiple adverse events. Good BTL options for portfolio landlords with adverse credit. Manual underwriting on all applications.
Competitive rates for adverse credit. Good for IVA and DMP cases post-completion. Often competitive on overall cost vs rate-only comparison.
Very broad criteria — good for unusual cases including active DMPs, complex income situations combined with adverse credit.
Considers multiple CCJs. Good for self-employed applicants with adverse credit. Strong BTL offering for landlords with credit issues.
Competitive rates for less severe adverse credit. Good step-down rates as credit history improves. Strong for cases where credit issues are 2–3 years old.
Lender criteria change regularly. All information is correct at time of writing but subject to change. Speak to Darryl for current criteria before making any application.
Bad Credit Mortgage Broker in Bedford
Based in Bedford and serving clients across Bedfordshire and the whole of the UK, Darryl Dhoffer has helped hundreds of local clients get mortgages that the high street said weren't possible. Whether your credit issues relate to a previous job loss, a relationship breakdown, a period of illness or simply a financial mistake you've since put right — Darryl will listen without judgement and tell you honestly what's achievable.
No credit check at this stage. No obligation. Darryl reviews your situation, checks all three credit reports with you, and gives you a straight answer on what's achievable — and the fastest route to getting there.
Don't Let Bad Credit Stop You
Book a free, confidential call with Darryl. He'll give you an honest assessment of your options — no judgement, no jargon.
Buy-to-Let
Mortgages
Building a property portfolio or buying your first investment property? We access specialist BTL products from across the whole market.
Buy-to-Let — The Right Way
We offer Buy-to-Let mortgage contracts from across the market — including specialist lenders not available directly. Whether you're a first-time landlord or an experienced portfolio investor, we have the expertise to find the right product for your situation.
We offer advice on both first and second charge loans, and can help with personal and limited company BTL purchases.
How BTL Affordability Works
Unlike residential mortgages, BTL affordability is primarily based on the rental income the property will generate — typically the rent must cover 125-145% of the mortgage payment depending on the lender and tax status.
Important: The FCA does not regulate certain types of Buy-to-Let mortgage. Please note that most BTL mortgages are not regulated by the FCA and will not be covered by the Financial Services Compensation Scheme.
What Deposit Do I Need?
Most BTL lenders require a minimum deposit of 25%, with the best rates available at 35-40% LTV. Some specialist lenders will consider 20% deposits in certain circumstances.
Our BTL Broker Fee
Our typical broker fee for BTL mortgages is £750 to £1,495 payable on issue of the mortgage offer. Your initial consultation is completely free.
Ready to Invest in Property?
Book your free BTL consultation with Darryl today and find out what you can achieve.
Remortgage &
Rate Review
Your fixed rate deal ending? Don't slip onto your lender's SVR and overpay. We'll find you a better deal and handle the switch completely.
Why Remortgage?
When your fixed rate deal ends, your lender automatically moves you to their Standard Variable Rate (SVR) — which is almost always significantly higher than the rate you were on. Remortgaging means switching to a new deal, either with your current lender or a new one, to get a better rate.
When Should I Start the Remortgage Process?
Start 3-6 months before your current deal ends. Many lenders will let you reserve a rate up to 6 months in advance, so you can lock in a good deal now even if your current fix doesn't end for a few months.
Darryl's Tip: Use the free Mortgage Tracker on TMG Hub to set your deal end date. You'll get an automatic alert when you're 6 months out — then one call to Darryl and we'll sort the rest.
Is Remortgaging Free?
Many remortgage products include free legal work and free valuation — meaning you could switch lender at no cost. We'll always show you the true cost comparison including any fees so you can make an informed decision.
Time to Review Your Mortgage?
Book your free remortgage review with Darryl. We'll check if you can save money and handle the whole switch for you.
Self Employed
Mortgages
Self-employed and struggling to get a mortgage? We know exactly which lenders work best for sole traders, contractors and company directors.
Self Employed — Not a Problem
Being self-employed makes getting a mortgage more complex — but it certainly doesn't make it impossible. At The Mortgage Geezer, we have extensive experience helping self-employed clients across all types of trading structures secure the mortgage they need.
What Do I Need?
Most lenders will want to see 2-3 years of accounts or tax returns. However, some specialist lenders will consider applications from those who have been trading for just 1 year. The documents you'll need typically include:
- 2-3 years Self Assessment tax returns (SA302s)
- 2-3 years accounts (if limited company)
- Latest 3 months business bank statements
- Latest 3 months personal bank statements
- Proof of upcoming contracts (if contractor)
Important: How a lender calculates your income varies significantly. Some use net profit, others use salary plus dividends, others use your day rate. We know exactly which lender will give you the highest income assessment for your specific trading structure.
Self Employed? Let's Get You a Mortgage.
Book your free call with Darryl today for honest advice on your options.
IVA Mortgages
Had an IVA? You may still be able to get a mortgage. We know which specialist lenders consider applications from people with IVAs — current or historic.
Yes — getting a mortgage with an IVA or after one is possible, though the journey looks different depending on where you are in the IVA process. During an active IVA you'll need your Insolvency Practitioner's permission and a specialist lender. After completion, many specialist lenders will consider applications from day one post-completion — particularly with a 15–25% deposit. Once the IVA drops off your credit file after six years, mainstream lender options open up significantly.
Understanding How an IVA Affects Your Credit File
An Individual Voluntary Arrangement (IVA) is a legally binding agreement between you and your creditors, arranged by a licensed Insolvency Practitioner (IP). It typically runs for five years, during which you make agreed monthly payments. Any remaining debt at the end is written off.
For mortgage purposes, the key facts are:
Even if you complete the IVA early (say, in three years), the record remains on your credit file for the full six years from the start date. It will be marked as "satisfied" or "complete" but it will still be visible to lenders for this period.
Mortgage application forms sometimes ask "Have you ever been subject to an IVA?" You must always answer honestly — even after it has dropped off your credit file. Failing to disclose this when directly asked is considered fraud and could result in your mortgage being declined or recalled.
Once you complete your IVA, your IP issues a Completion Certificate (Form 5.2). This is the document specialist lenders need to verify your IVA is finished. Keep this safe. Also check your credit files 4–6 weeks after completion to ensure they have been updated correctly — errors are not uncommon.
Your Mortgage Options at Each Stage of the IVA Journey
Mortgage options are very limited. You will need your IP's written permission to take on new secured debt. Mainstream lenders will decline. A small number of specialist lenders will consider applications, but they require significant deposits (25–35%) and charge premium rates. The bigger challenge during an active IVA is usually raising a deposit — your IP typically requires all available income above living expenses to service the IVA. Darryl will advise on whether application is realistic in your specific situation.
Options improve significantly post-completion. Many specialist lenders will consider applications from 12 months after your Completion Certificate. The earlier you apply post-completion, the higher the deposit required (typically 20–25%). As time passes and the IVA ages, deposit requirements reduce and more lenders become available. A plan to remortgage to better rates once the IVA drops off at six years is always part of the strategy.
Once six years have passed from the IVA start date, it drops off your credit file entirely. Lenders can no longer see it during a standard credit check. If you have spent this period rebuilding your credit — paying all accounts on time, keeping balances low, registering on the electoral roll — you can now access near-mainstream options. Note that some lenders still ask about historical IVAs on application forms, so always answer honestly.
IVA Mortgage Deposit Requirements — 2026 Guide
How to Rebuild Your Credit After an IVA
What you do during and after your IVA matters enormously for your eventual mortgage options. Darryl recommends:
Frequently Asked Questions — IVA Mortgages
Can I get a mortgage while still in my IVA?
It is very difficult but not impossible. You must have your Insolvency Practitioner's written permission to take on secured debt. The main practical challenge is usually raising a deposit while your income is committed to IVA payments. A small number of specialist lenders will consider this scenario — Darryl will assess whether it's realistic in your specific case.
How long after completing my IVA can I apply for a mortgage?
Some specialist lenders will consider applications immediately after completion if you have the right deposit (typically 20–25%) and a stable income. Others prefer to see 12 months of clean credit history post-completion. The longer you wait, the better the rates and deposit requirements become. Darryl will identify which lenders are realistic for your exact situation and timeline.
I completed my IVA years ago — do I need to tell the lender?
If your IVA has been off your credit file for more than six years, most lenders won't be able to see it during a credit check. However, if an application form asks directly whether you have ever had an IVA, you must answer honestly — even if the IVA is no longer visible. Failing to disclose this when directly asked is considered fraud and could result in your mortgage being recalled. Always be honest and always use a specialist broker who understands the implications.
I own a property and I'm entering an IVA — what happens?
This is a complex situation that needs specialist advice urgently. If your IVA proposal includes a property, the IP will typically assess your equity. Some IVAs require you to release equity from your property. The terms of your IVA will set out exactly what is required — these terms are usually written in during the IVA setup and are legally binding. Speak to both an IP and Darryl before entering an IVA if you own a property.
Can I remortgage if I have a completed IVA?
Yes — remortgaging post-IVA follows similar rules to purchasing. Specialist lenders will consider applications from completion (or shortly after). The remortgage strategy is often the best approach — take the best available deal now and plan to remortgage onto a significantly better rate in 2–3 years as your credit profile improves and the IVA ages.
Whether your IVA is active, recently completed, or years behind you, Darryl will give you an honest picture of what's achievable right now — and what steps will improve your position fastest. No judgement. No obligation.
I Own a Property and I'm Considering an IVA — What Happens?
This is one of the most important and least covered areas. If you own a property and are thinking about entering an IVA, you need specialist advice urgently — before signing anything.
Most IVA proposals include an equity release clause. This typically triggers in the final year (usually year five), where your IP will ask you for a property valuation and a mortgage statement. If you have significant equity — typically more than £5,000 — you may be required to release it and pay it into the IVA. This is done by remortgaging your property. If you cannot remortgage (for example, because no lender will give you a mortgage while in an IVA), your IP may agree to extend the IVA by 12 months instead.
This is why speaking to Darryl before entering an IVA is important if you own a property. Understanding how the equity clause will work — and what your remortgage options might look like in year five — is critical to making an informed decision.
Remortgaging During an IVA
If your current mortgage deal expires while you are in an IVA, you may need to remortgage — either to release equity for the IVA or simply to avoid being moved onto your lender's SVR.
Your existing lender may offer you a product transfer (switching to a new deal without a full remortgage). This is usually the easiest option during an IVA as it doesn't require a new affordability assessment. However, your lender is not obliged to havefer this, and the rate available may not be competitive.
Remortgaging to a new lender during an active IVA requires IP permission and a specialist lender willing to accept IVA applications. This is achievable in some cases — particularly if the remortgage is required as part of the IVA equity clause. Darryl has specialist lender relationships to facilitate this.
Self-Employed with an IVA — Extra Considerations
If you are self-employed and have had an IVA, lenders require extra evidence of financial recovery. Most will want:
- Two years of SA302 tax overviews post-IVA (some lenders accept one year)
- Evidence that no HMRC Time to Pay arrangements are active (these are viewed as a new debt issue)
- A minimum of 12 months of clean business and personal bank statements
- Accountant confirmation of business health and trading stability
Self-employed applicants post-IVA need a specialist broker who understands both self-employment income assessment AND IVA lending criteria. Darryl combines both.
Joint Mortgage Applications Where One Applicant Has an IVA
This is more common than many people realise — particularly in couples where one partner had financial difficulties. The key considerations are:
The IVA Mortgage Timeline — What to Expect and When
IVA registered. Appears on credit file. High street mortgage options largely close. Start rebuilding: electoral roll, on-time payments, stable banking.
Limited mortgage options. Focus on completing IVA payments. Save aggressively for deposit. Begin monitoring credit files for accurate reporting.
Completion Certificate issued. IVA marked as satisfied. Equity clause review (if property owner). Specialist mortgage options open from completion date. Call Darryl.
IVA still on file but completed. 15–20% deposit opens good specialist options. Credit continues improving. Plan remortgage strategy with Darryl.
IVA removed from credit file. Near-mainstream options available with good recent credit history. 5–10% deposit potentially sufficient. Best rates accessible.
More Frequently Asked Questions
What is the difference between an IVA and bankruptcy for mortgage purposes?
Both remain on your credit file for six years and severely restrict mortgage options during that period. However, an IVA typically allows you to retain property (subject to equity clauses) while bankruptcy often results in property being sold to satisfy creditors. Post-discharge (typically 12 months for bankruptcy), specialist mortgage options are available for both — though IVA is generally viewed slightly more favourably as it demonstrates a commitment to repaying creditors rather than seeking full debt elimination.
Will a lender be able to see my IVA if it's more than six years old?
No — once six years have passed from the IVA start date, it is removed from all three credit reference agency files (Experian, Equifax, TransUnion). A standard credit check will not reveal it. However, some mortgage application forms ask directly "Have you ever had an IVA or been subject to insolvency proceedings?" You must answer truthfully even if it's no longer visible on your file. Non-disclosure is considered fraud.
Can my IVA be paid off early and will that help my mortgage application?
Your IVA can be settled early if you come into a lump sum (inheritance, redundancy payment, etc.) and your creditors agree to a full and final settlement at a reduced figure. This marks the IVA as complete, which can open specialist mortgage options sooner. However, the IVA will still remain on your credit file for six years from the original start date — early completion does not reset the six-year clock.
Which specialist lenders consider IVA mortgage applications?
Lenders including Kensington Mortgages, Pepper Money, Bluestone Mortgages, Together Money, Aldermore and Precise Mortgages all consider IVA mortgage applications — though criteria vary significantly between them. Most of these lenders only accept applications through regulated mortgage brokers, meaning they are not accessible directly to the public. Darryl has established relationships with all of these lenders and knows exactly which criteria each applies to IVA applications.
What documents do I need for an IVA mortgage application?
In addition to standard mortgage documents (payslips, bank statements, photo ID, proof of address), an IVA mortgage application typically requires: your IVA Completion Certificate (Form 5.2), your IP's letter confirming completion, updated credit reports from all three agencies showing the IVA as satisfied, and sometimes a letter of explanation covering the circumstances of the IVA. Darryl prepares all documentation and the supporting letter on your behalf.
Don't Let an IVA Stop Your Dreams
Call Darryl for a free, confidential chat about your mortgage options after an IVA.
Protection
Insurance
Your mortgage is probably your biggest financial commitment. Make sure it's always protected — whatever life throws at you.
Why Protection Insurance Matters
Getting the right mortgage is just the beginning. Making sure you and your family can continue to afford the mortgage if you die, become critically ill, or are unable to work is just as important. We review products from a wide range of insurers to find you the right cover at the right price.
Life Insurance
Life insurance pays out a lump sum or regular income if you die during the policy term. It can be used to pay off your mortgage, ensuring your family doesn't lose their home. We can arrange decreasing term insurance (which reduces in line with your mortgage) or level term insurance (which pays a fixed sum).
Critical Illness Cover
Critical illness cover pays a tax-free lump sum if you are diagnosed with a serious illness such as cancer, heart attack or stroke. You can use the money to pay off or reduce your mortgage, make adaptations to your home, or simply take time off work to recover without financial pressure.
Income Protection
Income protection pays a regular monthly income if you're unable to work due to illness or injury. Unlike statutory sick pay, income protection can continue to pay until you return to work or retire. It's the most comprehensive way to protect your mortgage payments long term.
Important: We will assess your specific needs and recommend the right type and level of cover for your circumstances. We always compare products from multiple insurers to find the best value cover for you.
Is Your Mortgage Protected?
Book a free protection review with Darryl today and make sure your family is covered.
Home Mover
Mortgages
Moving to a new home? We'll help you port your existing mortgage or find a better deal — and make the whole process as smooth as possible.
Moving Home — Your Mortgage Options
When you move home you have two main options — port your existing mortgage to the new property, or take out a brand new mortgage. We'll compare both options and advise on which makes more financial sense for your specific situation.
Should I Port My Mortgage?
Porting means moving your existing mortgage to your new property. This can avoid early repayment charges — but it's not always the best option. We'll compare the cost of porting versus the cost of taking a new mortgage (including any ERCs) and advise on the most cost-effective approach.
Darryl's Tip: Don't assume porting is automatically the right move — sometimes paying an early repayment charge and switching to a much better rate saves more money in the long run. We run the numbers so you don't have to.
Ready to Move?
Book your free call with Darryl and get expert advice on your home mover mortgage.
About The
Mortgage Geezer
Whole-of-market independent mortgage broker based in Bedford — serving clients across Bedfordshire, Buckinghamshire, Hertfordshire and nationally.
Darryl Dhoffer
Straight-talking Darryl Dhoffer has been in the mortgage industry since 2004 and advising people on the best way to finance their home since 2015. CeMAP and CeRER qualified, Darryl built The Mortgage Geezer on a simple premise — that everyone deserves honest, expert mortgage advice delivered without jargon or hidden agendas.
Known for his no-nonsense approach and genuine care for his clients, Darryl has helped hundreds of people secure mortgages — from straightforward first-time buyers to highly complex cases involving bad credit, IVAs and unusual income structures.
When he's not securing great deals for clients, Darryl can be found on TikTok, dispensing mortgage wisdom to a growing audience and helping a new generation of buyers understand mortgages without the fluff.
Why Choose The Mortgage Geezer?
As independent and whole-of-market brokers, The Mortgage Geezer is not tied to a small panel of lenders. We source deals from across the market — from big high street names to specialist lenders for those who find it harder to secure a mortgage.
Transparent and Honest
The Mortgage Geezer tells it like it is. We won't over-promise, and we won't hit you with hidden fees. Quotes are completely free, and you won't be charged anything until you find a deal you're happy with. Our broker fee is typically £750, payable only on formal mortgage offer.
FCA Regulated
The Mortgage Geezer is a trading style of Access Financial Services Limited, authorised and regulated by the Financial Conduct Authority under FCA No. 301173. Registered in England under Company No. 04427489.
Our Promise: We will always give you honest advice about what we think is achievable for your situation, even if that's not what you want to hear. We would rather be upfront than waste your time with false hope.
Ready to Work With Darryl?
Book your free initial call today. No obligation, no jargon, just straight-talking mortgage advice.
Get In Touch
Book your free call, send a WhatsApp or fill in the form below. Darryl will get back to you promptly — usually the same day.
How to Reach Darryl
Old Stratford, Milton Keynes, MK19 6AN