Mortgage

Can I Get a Joint Mortgage with an IVA?

Can I get a joint mortgage with an IVA? Yes – but it depends on the IVA’s status, your deposit size, and your partner’s credit profile. This guide from Will Sharman at Mortgage Brokers Near Me explains how joint mortgages work with an IVA, which lenders might accept you, and what to expect during the process. Includes FAQs, real-life examples, and expert tips to boost your approval chances.

Will Sharman

Jul 7, 2025

A couple sits at a table with a mortgage advisor, reviewing documents in a serious discussion about joint mortgage options with an IVA.

Understanding Joint Mortgages When One Applicant Has an IVA

A joint mortgage is when two or more people apply for a mortgage together – often partners, family members, or friends. But if one person has a financial history that includes an IVA (Individual Voluntary Arrangement), it’s natural to wonder if you’ll still be eligible to get approved.

Good news: Yes, it is possible to get a joint mortgage if one of you has an IVA – but it’s more complex than a standard application. Let’s break it all down.

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What Is an IVA and Why Does It Matter for Mortgages?

An IVA is a formal debt solution that helps people pay back a portion of what they owe through affordable monthly payments. It usually lasts five to six years, and stays on your credit file for six years from the date it begins.

Because it’s listed on your credit history, mortgage lenders see it as a red flag – but that doesn’t mean automatic rejection.

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“With more than 75,000 IVAs approved in the UK last year, we’re seeing a steady rise in joint mortgage enquiries where one partner has an IVA. Lenders are adapting but deposit size and timing still matter.” — Will Sharman,

Can You Apply Jointly If One of You Has an IVA?

Yes, you can – but the lender will look at both applicants’ credit profiles, and usually base their decision on the weaker of the two.

How It Typically Works

If one applicant has no bad credit and the other has a recent or active IVA, the IVA will still affect the outcome.
Some specialist lenders will still consider the application – especially if the person with the IVA has made consistent repayments and can show affordability.

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Do You Need a Bigger Deposit with an IVA?

Yes – deposit size matters more when an IVA is involved.

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The bigger the gap since your IVA was cleared, the better the deal you’re likely to get.

What Mortgage Lenders Look At for Joint Applications with an IVA

1. IVA Status

Is it still active or fully discharged? The longer it’s been cleared, the better your options.

2. Affordability

Lenders will assess whether you can still afford the mortgage payments, especially if you're still repaying debts under an IVA.

3. Credit History (Both Applicants)

They’ll check payment history, defaults, and whether you've been rebuilding credit.

4. Deposit and Loan-to-Value (LTV)

Lenders reduce their risk by requiring a higher deposit. LTV caps may be lower for applicants with an IVA.

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A person holding a formal letter labelled "IVA Completion Certificate", symbolising the paperwork involved in applying for a mortgage after an IVA.

Should You Apply in One Person’s Name Instead?

This is sometimes possible – but it’s not always the best move.

If the person without an IVA has strong income and credit, they might get a better deal applying solo.
But you’ll miss out on the second income, which might limit how much you can borrow.

Speak to a broker to run both scenarios before deciding.

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How to Boost Your Approval Chances

Wait if you can – even 6–12 months can open up better lenders.
Check your credit file – make sure everything is accurate.
Keep repayments on track – any late payments now will hurt your case.
Work with a broker – we know which lenders accept joint applicants with an IVA.

FAQs About Joint Mortgages and IVAs

Can I get a joint mortgage if my partner has an IVA?

Yes, but you’ll likely need a bigger deposit and a specialist lender. Expect the lender to base their decision on the person with the IVA.

Do I need to declare a past IVA on a mortgage application?

Yes. Always be transparent. Lenders will find it in credit checks, even if it’s off your file.

Can we get a Help to Buy mortgage if one of us had an IVA?

Yes, but only with certain lenders – and only if the IVA is cleared before completion. We can help you check the latest scheme rules.

Will we get better rates if we wait until the IVA is older or cleared?

Absolutely. Once you pass the 3- or 6-year mark, many high-street lenders will offer improved rates and lower deposit requirements.

A digital photograph with text overlay showing a calm couple reviewing mortgage paperwork at home, representing financial planning after an IVA.

“Most mainstream lenders won’t accept IVA applicants, but the specialist mortgage market in 2025 is far more flexible than it was just a few years ago. With the right prep, approval is absolutely possible.” — Will Sharman, Mortgage Broker

Final Thoughts from Will

A lot of people try to go it alone or apply with their bank – only to get declined and damage their credit file further. Don’t make that mistake.

Get a free quote or personalised mortgage check today Let’s find out if now’s the right time and if not, we’ll show you exactly what to do to get ready.