my question

[Lisa2009]

Mike all your advice has been greatly appreciated thank you

[mikebdomain]

No worries - good luck with everything

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[Lisa2009]

Oh bother
It turns out, the new remortgage offer is going to give us a few hundred less than we need and thats without taking into account a variation fee.
I had to put the offer in regardless as the interest rate would be changing at midnight tonight.
I think this might be dead in the water. I am going to have to offer it though in the hope that my IP will be honest with us and either put it to the creditors or tell us how much more we need to go for.
Things just get better and better

[Lisa2009]

I really dont know how much more of this we can take

[mikebdomain]

Skint

Please phone another broker they may be able to offer a product that will fit what you need at a lower rate...

FREE ADVICE IS THE BEST ADVICE

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[Lisa2009]

Mike i really want to but its all so time consuming an all the questions make my head hurt. I am going to have to just try it and see if they accept. Im just so confused right now. I thought i had found a sollution and worked everything out right. Also i stand to lose somebody elses money which was paid for the valuation now the offer has gone in. I couldnt get hold of any money for another valuaion

[mikebdomain]

Skint half an hour of your time could save you hundreds if not thousands. In most instances any broker could get the valuation re-written SOME brokers offer free valuations - obviously it's up to you, but to come so far...

FREE ADVICE IS THE BEST ADVICE

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Specialising in adverse credit.

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Please read our Initial Disclosure Document(IDD): http://www.leybridge.com/Leybridge-IDD.pdf

[MelanieGiles]

Tony Parsons, who posts on this site as Welshboy, has been known to get mortgage offers within 24 hours, and has done this for me on two cases quite recently. It might be worth giving him a call to see what he could do.

Regards, Melanie Giles, Insolvency Practitioner for over 20 years.

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[Lisa2009]

melanie thank you. Is it dead in the water offering a few hundred less. The creditors are max recovery and KMPG

[mikebdomain]

Melenie - we can get a mortgage offer in 15 minutes - it's not hard with the right tools and experience

FREE ADVICE IS THE BEST ADVICE

Mortgage Broker
Specialising in adverse credit.

See feedback and testimonials at: http://www.leybridge.com/testimonial.php

Check out my blog at:
http://mikebdomain.blogs.iva.co.uk/

Please read our Initial Disclosure Document(IDD): http://www.leybridge.com/Leybridge-IDD.pdf

[Lisa2009]

I really wAnt to but its the thought of losing someone elses money that was paid for the valuation

[MelanieGiles]

Skint

I would not have thought that a slightly lower offer would make that much difference, but what your IP will need to see is an unconditional offer of funding to you so that they can make an informed decision and therefore put forward your best offer to creditors.

The few hundred pounds to which you refer, probably will only effect the proposed dividend return by a penny or so, and don't forget that Max Recovery are likely to make a handsome profit as they probably did not pay too much for the debt in the first place. This creditor are particularly commercial and sensible when it comes to reviewing full and final settlement offers.

Regards, Melanie Giles, Insolvency Practitioner for over 20 years.

To appoint me as your IP visit:
http://www.melaniegiles.com/ivaEnquiry.asp

See customer feedback at:
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[Lisa2009]

I suppose im just hoping they accept a few hundred less or we can raise slightly more if the IP doesnt think it stands a chance.

[Lisa2009]

The biggest problem is, KMPG represent the majority debt so im not so sure if they would accept
Im so sorry for going on but i have got myself in a right state now.
No sleep for me tonight AGAIN

[MelanieGiles]

I know the team at KPMG very well, and can assure you that they will review your variation report with great care and will take a sound commercial judgement as to its merits, so long as your IP reports to them appropriately. If you are putting your very best offer forward, I cannot see that you will have any problems on the day. Have you asked your IP if they will be prepared to waive their variation fee on this occasion to try and help? I would be prepared to do this under special circumstance, expecially if someone's home is on the line.

Regards, Melanie Giles, Insolvency Practitioner for over 20 years.

To appoint me as your IP visit:
http://www.melaniegiles.com/ivaEnquiry.asp

See customer feedback at:
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