Hello, I am due to finish my IVA this October and still owe £1326.75. My daughter has offered to pay off in an early offer final settlement. In past experience can you advise me whether they would accept around £700 and if not what figure do yo think they may accept? Are there any negative implica...

Hi, should be completing my IVA in September. I have kept up payments and no equity issues as I rent. How long will the IVA be kept on my credit score and is there anything I can do start trying to build up my credit now or will I have to wait till I have the completion certificate. Have requested a...

Hi Just make it clear that your mothers gift will only be made if it is used as a down payment on a property and that it will not be made if it is expected to be paid into your IVA. Regards Andy Davie IVA.co.uk Spokesperson and Website Manager lpline: 0800 197 4838 http://www.iva.co.uk/iva_helpline...

Hello, I think the advice of an accountant might be useful for your mother and yourself in terms of tax planning. You perhaps should also raise the idea "speculatively" with your IP to make sure that your mother's contribution could not be perceived to be a gift to you. Mortgages for those in IVA's...

Hi, I'd suggest at this point that you contact your IP to discuss your plan. They will be able to help you do this in a way that they are comfortable with. What is the reason for your mother wishing to be on the deeds? Andrew Graveson Mortgage Broker & Bright Oak Debt Management andrew@brightoak.co...

Hello and welcome to the forum. As you are in an IVA it is likely that there will be some premium in the interest rate over and above what are described as "high street" mortgages. A good mortgage broker will work with you to minimise the costs, and there are lenders who are interested in this type...

Can you help answer a question regarding my iva. I have had an iva since June 2006. I rent a property but my mother has offered to give me a substantial down payment on a flat/house purchase and my daughter has offered to get a joint mortgage so instead of paying rent I can pay a mortgage and when m...