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Posted: Wed Jan 01, 2014 12:34 pm
by Jasmin.75
I have entered iva for a year now, and am on svr repayment with my mortgage, can i change mortgage bank company? I am with santander at the moment,were they are one of my creditors, may i try to apply to my current bank? Do i need to ask my IP before doing this? Many thanks.
Posted: Wed Jan 01, 2014 12:37 pm
by Foggy
Hi Jasmin. You will find it nigh on impossible to change lenders while you are in an IVA.
Posted: Wed Jan 01, 2014 2:08 pm
by seagulls
Once in an IVA you cannot even re-mortgage with your current mortgage provider.
Posted: Wed Jan 01, 2014 2:17 pm
by plasticdaft
This is where people should if at all possible attempt to fix mortgage rates if at all possible before becoming insolvent.
Paul