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by nickb
Tue Sep 09, 2008 5:33 pm
Forum: Ask IVA Forum and Industry experts
Topic: will repossession affect second house ?
Replies: 13
Views: 2812

is this what they meant by the mortgages are not "linked"
by nickb
Tue Sep 09, 2008 5:17 pm
Forum: Ask IVA Forum and Industry experts
Topic: will repossession affect second house ?
Replies: 13
Views: 2812

how does an "all monies" policy work...i am not quite sure how this will effect the situation. Sorry for sounding dumb. tried looking on the internet but can find anything
by nickb
Tue Sep 09, 2008 5:04 pm
Forum: Ask IVA Forum and Industry experts
Topic: will repossession affect second house ?
Replies: 13
Views: 2812

how can i find out if the company operates under an "all monies" policy? is it something that i could ring up and ask them. How does an "all monies policy" work?
by nickb
Tue Sep 09, 2008 4:45 pm
Forum: Ask IVA Forum and Industry experts
Topic: will repossession affect second house ?
Replies: 13
Views: 2812

Hi thanks for your response. Let me get this right...the mortgage company will come after the second house to pay the shortfall on the house that is repossessed? after talking to the mortgage comapny on this they couldn't give me a straight forward answer although they did say that the 2 properties ...
by nickb
Tue Sep 09, 2008 2:35 pm
Forum: Ask IVA Forum and Industry experts
Topic: will repossession affect second house ?
Replies: 13
Views: 2812

Myself and my partner are going through a seperation. We have 2 houses between us. Both our names are on both mortgages although 1 house is owned by my partner. The second house is jointly owned. The house owned by her is worth 150 thousadn with a 90 thousand mortgage. The second house has a mortgag...
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