Hi
This is an area that seems a bit grey to me.You should know exactly what you have to pay rather than waiting to the fourth year.
I,ll try and answer your questions for you
1]Fairly easy,as long as your IVA is conducted satasfactorily.
2]85% seems the ball park figure
3]If you are unable to raise a remortgage you can normally extend your IVA by a year to compensate for this
4]No,I,ve never heard of this
5]You would only be expected to remortgage to a figure that you could afford,this will never be more than your IVA payments at present,it will almost certainly be a lot less.
Regards
Andy Davie
IVA.co.uk Spokesperson and site manager
(aka Neverending)
Please check out my blog:
http://andydavie.blogs.iva.co.uk
View my profile here:
http://www.iva.co.uk/andy_davie_profile.asp