How do the IVA company and myself arrange a remortgage ?

Get expert opinion. This is the place for new questions to be posted.
3 posts Page 1 of 1
Post Reply
 
 

jurobo2

User avatar
Posts: 2
Joined: Sun Jun 10, 2012 9:28 pm
Location:
Post by jurobo2 » Mon Jun 11, 2012 6:54 am
Quote
How do the IVA company and myself arrange a remortgage to release equity in year 4 if no one is going to give you a mortgage due to credit rating from being in an IVA?
Top
 
 

Rich

User avatar
Posts: 511
Joined: Mon Apr 04, 2011 7:57 am
Location: United Kingdom
Post by Rich » Mon Jun 11, 2012 7:17 am
Quote
Hi Jurobo
you will be asked to apply to a couple of mortgage companies to try and remortgage. If you are declined then a further 12 months will be added to the term of your iva in lieu of any equity best wishes R
"Always remember that the future comes one day at a time."
IVA completed . Just started a blog, if you get chance please take a look.
http://rich.blogs.iva.co.uk/
Top
 
 

Michael Peoples

User avatar
Industry Expert
Posts: 15189
Joined: Mon Nov 03, 2008 12:36 pm
Location:
Post by Michael Peoples » Mon Jun 11, 2012 1:05 pm
Quote
If you have equity it is possible to get a secured loan and avoid the extension or a total remortgage. Your IP should have details on this product.
Michael Peoples | McCambridge Duffy Insolvency Practitioners
http://www.mccambridgeduffy.com
If you would like to talk to me about proposing an IVA or have any questions at all please visit www.mccambridgeduffy.com
Top
Post Reply
3 posts Page 1 of 1
Return to “Ask IVA Forum and Industry experts”