applying for a mortgage and finishing early

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lynda.c

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Post by lynda.c » Thu Nov 22, 2007 11:41 pm
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I began my IVA last October (2006) and am interested to know if I am able to apply for a mortgage within the period of my IVA. Also, is there any way I can settle my IVA before the five year period is up?
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Andrew Graveson

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Post by Andrew Graveson » Thu Nov 22, 2007 11:48 pm
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Hi Lynda and welcome to the forum.

Would this be a new mortgage for you or a remortgage of a property that you own?

On the subject of an early settlement of your IVA I think it's best that one of the insolvency experts provides questions and then an opinion....

Andrew Graveson
Mortgage Broker & Bright Oak Debt Management
andrew@brightoak.co.uk
www.brightoak.co.uk
Last edited by Andrew Graveson on Thu Nov 22, 2007 11:52 pm, edited 1 time in total.
Andrew Graveson
Bright Oak Ltd
UK Debt Management Company
Website: www.brightoak.co.uk
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MelanieGiles

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Post by MelanieGiles » Thu Nov 22, 2007 11:50 pm
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There are various ways you can settle early - either by realising assets or by offering a third party contribution, however you would need to discuss this with your IP and success would depend upon your individual circumstances.

Regards, Melanie Giles, Insolvency Practitioner for over 20 years.

To have me propose an IVA for you, please visit:
http://www.melaniegiles.com/ivaEnquiry.asp

See customer feedback at:
http://www.iva.com/iva_companies/IVA_Advice_Bureau.asp
Regards, Melanie Giles, Insolvency Practitioner
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