Hmmm I think a closer look at the contract between pjg and ourselves is warranted, there has to be some consensual agreement clause in this case. I can't say this is leaving me with a lot of confidence. The move also explains the lack of response we have had over the last few months.

Is this something we can refuse? We are 3months away from completing 60 months and are looking to settle and be done by February. The potential delays in moving files, property charges could take longer than that.

@melanie both in our case we have managed to improve our salaries considerably over the last 4 years as well as paid in additional sums due to bonus payments and PPI refunds.

do you think these circumstances will be looked at favourably when it comes to ending the IVA?

@Shaun the amount is the money available based on the percentage equity.

Thank you for the information Foggy. We are in the fortunate or unfortunate (depending on your point of view) position of having about 20k equity in the house. After fees etc there would be about 15k. However it is very unlikely we would get a mortgage on the house given we are in the IVA and have t...

We are in our 5th year and have overplayed our monthly amount since year 2 to the extend that during year 4 we reached our contractual amount. We currently have equity in our house and having read some of the blog entries it appears it is unlikely we will be elligible for a new mortgage. Also consid...

We have just started our 5th year and can see light at the end of the tunnel. We have over paid the minimum contractual amount by 10k already due to improved circumstances over the last 4 years. How can we buy ourselves out of the Iva without touching our equity and what sort of offer would we have ...