Hello All I've read through this (and other) forums quite a bit but cannot seem to find the answer to this one! I'm approaching the equity release stage in the next couple of months and am wondering if the IVA company can force/insist on you extending the remaining term of any current mortgage to in...

Thanks for your replies all.
My concern was the level of equity as I know that the equity level has increased since the setup of the IVA in 2013.
Would the equity increase affect any F&F offer or can I just base it on their original estimate?

Hello All. Having read through the discussions on here (and frying my brain) I thought I would ask for advice on F&F settlements. My parents have asked me to see what would be required to settle the IVA with a view to making an F&F payment. The unsecured debt was c.£33k and I am 3 and a half years i...

Hi I've just started year 4 of 5 of my IVA. I have a joint mortgage with my wife and we only have just over 9 years left on our mortgage so the equity is quite high (£42k in total). I'm paying £139pm at the moment plus I have paid in a substantial amount in O/T over the last 12 months. When the IVA ...

Hi There A question about the wording of a clause in the "equity release" minefield... "The IVA remortgage term will not extend beyond the latter of the debtor’s state retirement age or the existing mortgage term" Does this basically mean that I could be asked to extend my mortgage term to my 65th...