Been a while since I have posted, things have been a real struggle these past 9 months.
My mortgage deal is coming to an end soon and was just wondering how everyone else got on when it came to getting a new deal on your mortgage, where you able to stay with your current lender?
It may well depend upon who you are with - some companies won't entertain you taking out a new deal and will just stick you on SVR.
Speak to your mortgage company and see what they say.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
Thanks for your reply yes i did speak with IP but they said my payments in my IVA are fixed for the 60 months so i take it that means they cannot be reduced.
Your payments can be reduced by up to 15% by the IP without resorting to the creditors, anything over that has to be a variation meeting.
Will your payments not go down if you do SVR?
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
