www.iva.co.uk

Hi, I have received a letter from NRAM today advising me to look elsewhere for a more competitive mortgage rate. They are waiving the usual fees as an incentive to leave and have offered the services of Mortgageforce as brokers.
I am in month 49 of a joint IVA with my husband.
Is anyone else in this position or have any experience of this company? I'm not sure if contacting them would be futile whilst still in IVA

We are also with NRAM I received the same letter yesterday it just stated that as they were closed to any new business it may be beneficial to look elsewhere for a better rate.. obviously whilst in an IVA this wont happen! It does worry me though a NRAM's SVR is already high and I am scared of how an increase will impact on us. No need to contact them though.

You are possibly best toughing it out until the IVA is history and then looking for a decent rate, maybe with the help of Shaun and / or Ryan.

I'm with nram too and I received a couple of similar letters whilst I was still on a fixed rate, they are just trying to move as much of the debt off their books. Since my fixed rate expired and I've been free to move if I could they have not written again and I'm just on their standard variable rate which hasn't changed whilst base rate remains the same, just hope bank of england keep rates down for as long as possible!

Thanks for the replies.
I can't help but wonder how much any interest rate rises will affect dividends to creditors.