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Posted: Fri Feb 05, 2016 4:01 pm
by osb85
If you have equity in your house and need to obtain a re-mortgage, do they take only your current monthly mortgage payment into account or will they consider the re-payment option as we only pay interest only at the moment. I'm so excited to be the first half of the day before I have
Posted: Sat Feb 06, 2016 12:33 am
by Shining
It's almost, if not totally impossible to remortgage whilst in an IVA in the current climate. To pay 12 additional payments can be an option in respect of the equity clause.
Posted: Mon Feb 08, 2016 9:47 am
by Lisa Thomas
Hi - you probably wont be able to remortgage due to your IVA in any event so suspect the 12 month extension will apply to you instead.