Can anyone help, i currently have an IVA and a secured loan, i live in a one bedroom house but wish to move somewhere larger, it is mortgaged by me. i would ike to move in and into a larger house with my girlfriend , how is this possible ? My IVA does come to a conclusion in august if helps. Many thanks
Until your iva comes off your credit record you are likely to find it difficult to gain a mortgage. As foggy suggests have a chat with Ryan or Shaun and seek their advice.
Sharing from experiences of dealing with debt
There is a solution for everyone .... Just need to stay positive !
Hi, it was extended due to thwe negative equity for the 6 months, they said i need pay till july not Feb. Does this effect my house situation ? Thanks in advance
Hi Mel, it seems looking at is i had about 2500 in equity, i had the following in my terms
At the start of your IVA creditors added the following modification to your original proposal;
If the debtor is unable to obtain a remortgage the arrangement may be extended by 12 months in order the allow contributions in lieu of equity.
Does that makes sence ?