My whole problem with all this is that the goal posts have completely moved. I have been counting down the months down to my 60th payment and then get this thrown at me 2 weeks before the last payment! As I have quoted in an earlier post, I haven't even been given the opportunity to remortage. This ...

Yes, it sates 60 monthly payments

Just looking through my agreement and it states that "On the expiry of 4 years from the date of commencement of the Arrangement and no later than 6 months before the intended completion of the arrangement I shall commence steps to effect a remortgage on my equitable interest." I have not been given ...

Thanks everybody for your help although I am really still none the wiser as to what to do. I called DFD last night to see if they could explain it all to me and what they said still worries me. They said that because I have equity in my property I cannot be offered the 12 month extension and I asked...

Debt Free Direct have written to us to say that they have referred our case to a company called The Select Partnership who will help us to release equity from our property. We are about to pay our 60th IVA payment at the beginning of November. This company have since told us that they are going to m...

Why am I having to pay an equity release loan for a year and then possible remortgage at the end of the 12 months? Why can't I go straight into a remortgage?

Hello again everyone. Sorry I haven't been back for quite a few weeks but TalkTalk decided to start messing with my phone line and it has been dead for nearly 4 weeks along with my internet!! Anyway, I'm back now and have lots to tell you. We have now signed all the dotted lines and just sent it all...

Thankyou for your kind words, its good to have others to talk to. So we should go and open these new accounts then?

Hi, I have just gone through a lengthy phone call with a lady from 'Debt free Direct' and have been told that an IVA would be the solution to our debts. I'm feeling a bit shell shocked and scared at the moment as I have been told to move mine and my husbands bank account a.s.a.p and that a courier w...