Foggy, no worries you have been a great help and thank you once again for your time in this matter.

I have now enquired about a lump sum pay off to finish this IVA once and for all with them!

Hi Foggy Please see the email I have just received from Paplan.. If you have got any further advice and can help me in anyway it would be really appreciative. Thanks :D Thank you for your email, I have recalculated the equity with the secured loan please see below; House Valuation £90,000.00 Number ...

Hi Lisa

Thank you I have done and sent an email payplan I'm just waiting for a reply...

Hopefully it goes my way. If they refuse to move I'll need yours and foggy's help!

Thanks

Mal

Great thanks Foggy will keep you posted...

Hi Lisa

Yes they are

Hi Foggy I really appreciate your feedback and time... :D Please find below the details from my equity clause in my contract... 1.19 For the purposes of my proposal, I have included an amount representing 85% of my current interest in the properties. In month 54 of my arrangement, (normally 6 months...

Please can anyone help me... I am not happy with the equity calculation explanation given to me by Payplan (please see below) Can anyone tell me if this is correct at all? Also they have added the secured loan to the wrong property!! It should have been added to the calculation the the first house v...

Thanks foggy That's the calculations I came up with as well. In the letter they sent they did say they used the 85% rule. But no mention my second property was based on asset only. I am awaiting for the equity review case to see how they have come up with there calculations and decision making. Chee...

<t>Hi I'm with payplan and they have stated I need to pay an extra 12 months due to having equity but I'm not sure I do and I wonder if you can confirm if I do or not as I don't believe I do.<br/> <br/> 1st house <br/> <br/> House value £135,000<br/> Mortgage. £121,000<br/> <br/> 2nd house<br/> <br/...